• FEXD acknowledges the recent big data boom that has introduced tech-driven solutions in the current financial services space
• AI, through its many forms, has proven to be a viable technology to integrate into the financial service space, a development that FEXD recognizes and welcomes
• Through its focus on the benefits of AI, the company is pushing its adoption while also pushing the conversation forward
• It is doing so while also exploring ways it can further develop this technology to address unmet mobile money needs, both in developing and industrialized countries and markets

Fintech Ecosystem Development (NASDAQ: FEXD), a special purpose acquisition company (“SPAC”), is pushing the conversation around the use of artificial intelligence (“AI”) to power financial solutions, and for a good reason. As a company that understands the financial space, FEXD knows the potential that AI has to transform the space, and the value it brings in transforming an industry that has, for a long time, arguably lacked innovation.

FEXD acknowledges the recent big data boom that has disrupted banking. With big data, financial services organizations can offer more personalized services with a 360-degree view of the customer’s interaction with their brand. In addition, the morphing regulatory requirements have introduced…

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NOTE TO INVESTORS: The latest news and updates relating to FEXD are available in the company’s newsroom at https://ibn.fm/FEXD

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