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Our partner, Boost Capital, is boosting the digitalization of small businesses in the Philippines and Cambodia by unlocking access to digital financial services and financial literacy training. By leveraging AI, their innovative solution enhances and automates the financial onboarding process for small businesses. From chat-based applications powered by natural language processing (NLP) to fraud detection using optical character recognition (OCR), their AI-driven solution enables banks and financial service providers to extend their reach and serve small businesses more effectively. But, integrating AI isn’t without its challenges. Boost Capital has gained valuable insights from addressing issues like localizing features, handling low-quality documents, and navigating the unique realities of emerging markets. Read more about their solution and what it takes to make AI work for small businesses: https://lnkd.in/d5QiRkr2 #AI #smallbusiness #financialinclusion Lucinda Revell Gordon Peters

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