Zuci gears up for Money 20/20 in Amsterdam

As the financial services industry continues to evolve at a rapid pace, driven by technological advancements and changing customer expectations, we are thrilled and excited to be at the premier gathering for industry leaders, disruptors, and innovators – Money 20/20.

And AI being talk of the town we are looking forward to seeing fintech hype on AI along with fintech industry leaders (to see the real buzz).

Anticipation Builds for Insightful Sessions

With a packed agenda featuring thought-provoking keynotes, panel discussions, and fireside chats, Money 20/20 promises to be a hub of knowledge and inspiration.

Our team is particularly excited about the sessions on:

"Microsoft and NVIDIA Address the Latest Trends in AI", presented by Patrice Amman from Microsoft & Kevin Levitt from NVIDIA

"Unicorn GPT: What AI Tools to champion?," presented by Clara Durodié , COGNITIVE FINANCE GROUP, Vidya Peters , Datasnipper, Charles Kerrigan , CMS, Vishal Marria , Quantexa

"Perfect UX: From Start to Finish" by Brittney Urich VanHorssen , UX Charter Lead, B2B Payments, Amazon

"Solving the Explosion of APP Fraud and Scams", presented by Soups Ranjan , CEO, Sardine

"Are We Ready for the LLM-Checkout?" by Georgina Bulkeley , Google Cloud, Yimei Wenyang , Ant Group International, Jie Xue , Worldline

"Bridging the Gap: Leveraging AI and Open Finance to Promote Financial Inclusion" by Marc Minguella , IBM Consulting

"Cloudy with a Chance of AI" presented by Mehret Habteab , Visa, John O'Beirne , Square, Otto Benz, Nationwide Building Society.

Along with active engagement circling industry experts and tech savvies, Zuci is open to connect and partner with banks and fintech services who are ready to embark on the ‘new banking’ roadway.

According to a recent study by Accenture, 63% of banking executives believe that AI will be crucial for their institution's ability to move forward with digital transformation.

In fact, most commonly used AI technologies are - Robotic process automation (36%) for structured operational tasks; virtual assistants or conversational interfaces (32%) for customer service divisions; and machine learning techniques (25%) to detect fraud and support underwriting and risk management.

Showcasing Zuci's AI Success Stories

Zuci has seen and been where banks and credit unions business face transformed with the kickstart of automation. We have been experimenting with AI models since 2019, years of learning, unlearning and relearning helped us build AI solutions that are making a significant impact in the BFS space.

Sharing a success story:

Challenge: Manual underwriting processes slowed down loan decision-making, efficiency, consistency and had errors.

The primary goals set were:

• Provide branch managers with actionable insights for lead pre-qualification.
• Automate credit decisions across various customer segments.
• Improve efficiency, accuracy, and risk management in lending operations.
• Ensure compliance with regulatory standards.
• Streamline the loan decision-making process to maximize operational effectiveness and?customer satisfaction.

Solution Zuci offered:

• Seamlessly integrated historical and third-party data, automating data cleaning and transformation for model training.
• Built predictive models using advanced ML algorithms and deployed them for real-time decision-making with API integration.
• Continuously monitored model performance, ensuring regulatory compliance, and leveraged cloud infrastructure for scalable, efficient operations.

Results:

• A remarkable 50% reduction in manual effort and processing time.
• Prediction accuracy rate of 90% for decision-making

LESSONS LEARNT

• Leveraging AI means starting with some level of automation even if it’s basic business operations automation
• Keep the end goal of building the AI system in mind but don’t lose focus on the path to getting there.

Curious to know what we are building? Check out: https://www.zucisystems.com/activation-ai/

There is more to add and talk about behind the scenes of these success stories. Meet our Sales Vice President – Farhadh Ali Syed and Lead Marketing Strategist – Keerthika Veerappan who will be there at Money 20/20 to share the deets on Zuci’s contributions to fintech ecosystems, business initiatives that transformed our client experience backed by our partners - Tricentis, UiPath, Automation Anywhere, Sauce Labs.

As we countdown to this remarkable event, excitement builds within our team. We are eager to contribute to the discourse on driving innovation, optimizing operations, and delivering exceptional customer experiences through the power of AI and intelligent automation.

Let’s connect at Money 20/20 and activate your future with us. Hit a mail at [email protected] or scan the QR code below to schedule a meeting via Money 20/20 connect app.