From compliance with stablecoins to mini errors, Fintech Labs germs using the next generation for artificial intelligence.
You will not think that Quipu – a system similar to the complex ropes that Inca uses to save records – will have a lot of applications to adopt artificial intelligence among financial institutions (FIS). But the Colombian Financial Services Company sponsored by Bancolombia Ventures wanders around this system. QUIPU publishes Amnesty International’s alternative data analyzes to determine the creditworthiness of micro -life.
Kibo’s work is just one example of the increasing importance of Amnesty International for Financial Institutions. According to Statista, the financial sector “offers (s) one of the highest adoption rates through industries.” In fact, Statista estimates that in 2024, the financial services industry invested about $ 45 billion in artificial intelligence technology. Meanwhile, NVIDIA found that more than half of the companies are represented in their global condition of the Aerobic Organization in Financial Services: 2025 Trends report of artificial intelligence as “crucial for its success in the future”. Among the 600 financial services professionals included in the poll, 98 % of managers say their institutions are planning to increase the Amnesty International Infrastructure spending this year.
Several banks have already spread artificial intelligence to automate internal operations such as the customer on board, credit registration, detection of fraud, and loan processing. Increasingly, the FIS International is a pivotal tool for efficiency and cost effectiveness in meeting the lists of money laundering development and its realization.
When these innovations become more common, some banks may wonder what the next Amnesty International? This is where the innovations arising from the best Fintech laboratories in the world come.
Artificial intelligence capabilities continue to mature. The improved AI’s capabilities will help generate a new work value, but only if these institutions follow progress from artificial intelligence to artificial intelligence (Gen AI).
The term “artificial intelligence” is used for techniques that can perform tasks that previously required human brain power. Depending on the historical data and rules based on the rules, these capabilities are identified on the patterns, understanding the language, and discovering abnormal cases-and not the types of abnormal cases that can indicate fraud.
Gen AI is a specialized branch of artificial intelligence that transcends content analysis in reality Produce content. Gen AI can write. He can simulate human conversation. Code can. It can generate photos and videos.
The difference between artificial intelligence and AI can be seen in Chatbots. Imagine this: a Chatbot customer asks, “Why was my credit card request rejected?” It is permissible for a Chatbot, which is powered by artificial intelligence, to return a list of common reasons for the bank to reject credit, followed by the customer service number for the user to call. “Your credit card request has been rejected because your credit degree is very low. Your credit score is very low because the deletion of $ 2000 appears in your credit report. This deletion appears to be associated with ABC Motors.
“The loan sharks were the only solution to these companies. We are alternative to it.”
Mercedes BedartAnd the CEO and the founder, Quipu
The improvement of Chatbot is just one method that Gen AI can improve business for Fis. Customer data can be studied to customize marketing strategies and financial services more closely for individual needs. It can improve loan and investment strategies by generating the scenarios of “What if” to help banks to draw, for example, how to change interest rates to customer’s willingness to obtain new loans, and customers’ ability to pay these loans. As the innovations discussed below indicate, artificial intelligence and Gen Ai can help banks and their customers to accelerate international trade. They can help discover unknown threats and stop them by infrastructure and banking data. They can provide a financial lifeline for banks.
Bancolombia Ventures Partners with startups, focusing on topics such as Findte, climate -related technology, and cybersecurity. One of the startups, QUIPU, has developed a new credit system specifically designed for what Bancolombia “informal” nature of the business in Latin America.
according to CountryIt is a leading Colombian newspaper, approximately 95 % of all companies in this country are small institutions – specific as operations with 10 employees or less. While employing 65 % of the Colombian workforce, these organizations tend to suffer from “commercial dwarf”, or the inability to grow. Why? It lacks the capital. Traditional credit registration methods are drawn to them as bad risks.
This is a problem that Mercedes Bidart, CEO of Quipu, is trying to solve. A graduate of the Massachusetts Institute of Technology notes that most of the country’s microscopic businesses are working as an independent wrestler. “They have a digital portfolio or a bank account as a person, and not as a business,” Bidart says. “They come to get a SME loan (a small or medium -sized institution) in the bank, but they will not get it. There is no information about their business behavior.”
Quipu finds new ways to detect business value. Looks at the work site, social media (including videos, photos, customer comments) and other unconventional sources of information to determine business health. Even Google Maps can indicate whether business grows, perhaps, perhaps, the material expansion of a home garage over time.
Quipu uses this information to develop its own credit degrees. Permanent new customers are often referred by Bancolombia, from a group of transferred applicants. Quipu offered many of these mini loans ranging from $ 100 to $ 2000 – a total of $ 3.5 million of loans granted over the past 18 months. While these personal loans, instead of commercial loans, Bidart believes that this small injection of money will help some companies grow to the extent that you eventually qualify to get more traditional SME loans.
“The people we serve – before us the only financial solution they had was a predator lender. We have loan sharks. They are receiving abusive interest rates, and they are violent,” says Bedart. “They work from Mexico to Argentina. In Colombia, sharks were loans the only solution to these companies. We are alternative to that.”
Let’s take a look at the emerging innovations in other Fintech laboratories all over the world.
The best financial innovation laboratories 2025
Read here
