Muinmos Selected for Prestigious AIFinTech100 for 4th Consecutive Year
As companies in the financial sector continue to get to grips with the transformative potential of AI, FinTech Global has unveiled its 4th annual AIFinTech100, highlighting the trailblazing firms transforming financial services.
For the 4th consecutive year, Muinmos has been included in the prestigious AIFintech 100 list. This carefully curated list consists of the leading movers and shakers who are creating a new era of Artificial Intelligence technologies in the financial sector to foster efficiencies and innovation. Organisations included in the AIFintech 100 were picked by an esteemed panel of industry experts and analysts centred on research produced by FinTech Global on over 2,000 FinTech companies.
Muinmos was selected for disrupting the status quo with its Client Onboarding Platform, a blend of cutting-edge, rule-based AI and robotic automation that revolutionises compliance. The platform delivers unparalleled efficiency. Its market-unique features like AI-powered client categorisation and suitability and appropriateness clearances, in-depth data integration, and customisable client risk engine enable the rapid onboarding of any client in under three minutes.
AI is the Future
Countless financial institutions have found new ways to perform old tasks through AI – specifically Generative AI – and many see this trend only accelerating. Research highlights that the AI market size in FinTech is expected to increase from $42.83bn to $44.08bn by 2024, and then to $50.87bn by 2029.
FinTech Global director Richard Sachar said, “Generative AI and Artificial Intelligence in general are opening opportunities in the financial services sector to not only get ahead of the competition but to also increase efficiencies and offer personalised products to clients. This year’s AIFinTech100 list details some of the best and the brightest in this area who are developing AI applications in areas such as banking, insurance, compliance, customer experience, investment & trading and payments.”
Remonda Kirketerp-Møller, Founder & CEO, Muinmos said, “It is an incredible achievement to have been selected by industry experts for the AIFinTech 100 for the 4th consecutive year. Now, more than ever, financial institutions need to be aware of the latest AI and data analytics technology in order to remain competitive – and we are delighted to be recognised as a market-leading AI innovator.”
A full list of the AIFinTech100 and detailed information about each company is available to download for free at www.AIFinTech100.com.