The following excerpt comes from an interview of Michael Shapiro, Managing Director of Synthesis, by Business Day to understand why partnerships are vital for banking innovation.
“Many organisations are keen to provide better origination, product distribution and customer service to their market segments,” says Synthesis’ Managing Director Michael Shapiro. “Some are keen to adopt machine learning and artificial intelligence for decision-making in processes such as credit scoring and product marketing.”
This is an area where Synthesis is able to bring its own wealth of experience, having worked with many of the country’s leading financial institutions, and invest heavily in research and development.
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