AppTech CTO Says AI Can Be Used To 'Detect Unusual Activities,' Flag Fraud
Portfolio Pulse from Renato Capelj
AppTech Payments Corp's CTO, Mehrak Hamzeh, discusses the role of AI in fraud prevention and the company's future in fintech. AppTech, leveraging AI, aims to detect unusual activities and flag fraud, enhancing transaction security. The company is expanding its global fintech platform, introducing InstaCash, and targeting exponential growth by integrating banking and payment solutions with lower fees. AppTech's strategy includes acquiring patent portfolios and forming partnerships across various sectors, aiming to onboard 100 companies in the next 24 months.
April 10, 2024 | 4:32 pm
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AppTech Payments Corp is focusing on AI for fraud prevention and expanding its fintech platform with new products like InstaCash and strategic partnerships. The company aims for exponential growth by integrating banking and payment solutions, targeting to onboard 100 companies in the next 24 months.
The focus on AI for fraud prevention and the strategic expansion into new markets and partnerships indicate a strong potential for growth. The introduction of InstaCash and the aim to onboard 100 companies in the next 24 months highlight the company's aggressive growth strategy. This could attract investor interest and potentially drive up the stock price in the short term.
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