Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, FinResults

Accelerating FinTech Innovation: Unleashing API Economy and GenAI
Vasa Krishnan, Chief Technology Officer - FinResults

Apidays New York 2024: The API Economy in the AI Era (April 30 & May 1, 2024)

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1. April 30th, 2024
§Rapid Innovation
§Competitive Advantage
§Faster time-to-revenue
§Competitive Advantage
§Create Quick Value
Accelerating FinTech Innovation:
Unleashing API Economy and GenAI

3. 2
A fintech committed to building
experience-ledsolutions to drive
profitable growth
Better Experiences,
Better Results
Founded: October 2021
Headquarters: Boca Raton, FL
Personnel: 40 employees/contractors
SENIOR INDUSTRY EXECUTIVE LEADER with 25+ years in Technology. Data, Analytics &
AI with an outstanding record of success in leading and delivering complex
enterprise transformation and Innovation programs, large-scale enterprise
solutions in financial services.
Held senior leadership roles with leading financial service institutions,
management consulting firms and FinTech’s.
Managed global, regional and cross-cultural teams of 50-300 members
across business, IT, and operations with program budgets of up to $75MM
over multiple years.
Vasa Krishnan
Chief Technology Officer (CTO)
CAll contents in this slide is copyright 2024 by FinResults, Inc.
No copying or distribution without express written permission.

4. nFiniti.AI is a digitally remastered customer onboarding experience
3
Customer onboarding can be slow, cumbersome, disjointed, and frustrating – for both
customers and employees alike. nFiniti.AI is purpose-built to overcome these
challenges by providing an end-to-end solution that streamlines and simplifies
customer onboarding.
Track a customer’s
onboarding journey
from first contact
through account
opening
Empower
the Salesforce
Eliminate paper forms
and emailing
documents, avoid
rework and minimize
redundant data entry
Delight
Customers
Enable staff to validate
data, flag missing items
and conduct required
compliance checks all
in one place
Accelerate
Due Diligence
Streamline account
opening with a fully
consolidated set of
validated data in good
order
Streamline
Account Opening
CAll contents in this slide is copyright 2024 by FinResults, Inc.
No copying or distribution without express written permission.

5. 4
Extensible
Adaptable
Secure
Scalable
•SOC 2 / Type 2 certified
•Data encryption in
motion and at rest
•API-driven
•Runs anywhere
•Built on a low-code/no-
code framework
•White-label experience
•Configurable vs. hard-
coded business processes•Cloud native application
and data architecture
•Powered by AI
…and is engineered to
scale and adapt in
order to avoid costly
system proliferation
as more products &
services are added to
the platform
•Deploy nFiniti with a look and feel that
is consistent with your existing digital
properties
•Rapidly roll out new products and
services
•Improve adoption by using the same
digital onboarding solution for all
products and services
•Lower total cost of ownership
CAll contents in this slide is copyright 2024 by FinResults, Inc.
No copying or distribution without express written permission.

6. 5
API Monetization is already happened through various Business Models and
assets that can generate revenue , great opportunity to create value for both
providers and consumers.
The API Economy delivers a complete shift in how
Fintech’s design, develop the product solutions,
Focusing on openness, collaboration,
interoperability and speed to market.
By embracing the API Economy, FinTech’s unlock
new opportunities for innovation, growth, and
competitive advantage in the digital era.
Operate
Integration
Security
ScalabilityGrowth
Revenue
Exposure
Innovation
Monetize
Access
Research
Flexibility
Protocols
Business
Modes

7. 6
Generative AI - GenAI within field of AI that covers the set of of concepts,
techniques, and models that focus on generating contextually relevant
responses to prompts that resembles human-created content.
GenAI delivers a complete shift towards generating
new content, often employ generative modeling
techniques such as Generative Adversarial
Networks (GANs) or Variational Autoencoders
(VAEs) to push the boundaries of what AI
can achieve in terms of creativity and innovation.creativity
Ethics
Security
ScalabilityGrowth
Revenue
Exposure
Innovation
Monetize
Access
Research
Flexibility
Collaboration
Business
Modes

8. Intersection of Generative AI (GenAI) and APIs opens unlimited possibilities for
FinTech’s to combine two transformative technologies, each playing a
crucial role in shaping the future and and drive innovation
The intersection of GenAI and APIs represents a convergence of intelligence and
connectivity, unlocking new possibilities for FinTech’s. By leveraging GenAI through APIs,
organizations can automate repetitive tasks, personalize user experiences, product
innovation, and extract insights from vast datasets with unparalleled speed and accuracy.
GenAI, powered by advanced machine
learning algorithms, enables systems to
generate content, make decisions, and
perform tasks autonomously.
APIs serve as the connective tissue of the digital
ecosystem, facilitating seamless communication
and integration
7

9. 8
The rise of AI in the API Economy drives significant change where AI tools,
technologies & platforms are coupled with business ecosystem to
Enhance intelligence, Enrich functions, Deliver value
The integration of AI into the API Economy
unlocks new opportunities for innovation,
intelligence, and automation across industries.
By leveraging AI-powered APIs, organizations can
enhance their products and services, deliver
personalized experiences, and drive business
growth in the digital age.
1.Customer Engagement
2.Underwriting & Scoring
3.Personalization of product & services
4.Fraud Detection and Prevention
5.Risk Management and Stress Testing
6.Algorithmic Trading
7.Financial Content Generation
AI-Powered Momentum fueled into
many areas in FinTech’s.

10. 9
Document Intelligence: Use Case

11. 10
Q & A