Fintech Innovation Challenge: Leveraging AI for MSMEs in Thailand
Fintech Innovation Challenge: Leveraging AI for MSMEs in Thailand
The challenge aims to address the unique needs of Thailand's MSMEs by leveraging AI-generated insights to foster their business growth.
Empower a forward-thinking Southeast Asian financial institution to seamlessly integrate AI and data-driven insights for the benefit of its micro, small, and medium-sized enterprise (MSME) customers
As an AI-powered platform, this toolbox would cover data captured from MSMEs and leverage AI to provide actionable, yet simplified insights for MSMEs, specifically focusing on cash flow forecasting, financial reporting, and other related financial metrics. At the backend, it will allow the FI to gather requisite MSME business-related information to understand the financial needs of the MSMEs, efficiently respond to customers' account-related queries, offer relevant financial products to make the customer experience more seamless and improve the FI's credit scoring capabilities for this segment.
Selected solutions will have the opportunity to receive US$75,000 seed funding towards evolving the solution to the bank's needs.
Registration deadline:
29 April 2024
Problem Statement
- How might we design and implement a comprehensive AI-powered toolbox for a forward-thinking financial institution in Thailand that integrates data analytics, AI/ML technologies, and insightful financial metrics to empower micro, small, and medium-sized enterprises (MSMEs)?
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