Artificial intelligence (AI) technology continues to disrupt
every aspect of our lives. Fueled by increased connectedness,
availability of abundant data, and advanced computational power, AI
has been described as the foundation upon which the fourth
industrial revolution will be built.1 Just as AI is
forcing nations and governments to rethink their approach towards
the future, another technology that continues to have a profound
effect on the way we live is financial technology (FinTech). The
combination of these technologies is opening up a new world of
possibilities and as AI-related inventions rise, the future of
FinTech is set to beat our wildest imaginations.
Although AI is still a novel concept to many and complex issues
like those of trust, privacy, and regulations continue to confound
us, the winters2 are over and AI is fast becoming the
new electricity. Even now that many consider the whole discourse
surrounding AI overhyped and overly futuristic, the truth