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The AI Eye Podcast: GBT's CTO Discusses AI in Fintech Space and Company's New Patent Application for "Financial Manager"
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - March 9, 2022) - Investorid...
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[{"type":"text","content":"The AI Eye Podcast: GBT's CTO Discusses AI in Fintech Space and Company's New Patent Application for \"Financial Manager\"Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - March 9, 2022) - Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today's special edition of The AI Eye- podcast featuring an exclusive interview and insight from emerging technology company, GBT Technologies Inc. (OTC Pink: GTCH).Listen to today's podcast:https://www.investorideas.com/Audio/Podcasts/2022/030722-AI-Eye-GTCH.mp3Hear the Ai Eye on Spotify The Financial Technology (Fintech) space is seeing increasingly more adoption of and integration with Artificial Intelligence (AI) applications. Research from Reports and Data finds that globally, the AI in Fintech market is projected to reach $49.33 billion USD by 2028. This is used for fraud detection, transaction risk investigation, consumer analysis and the employment of virtual assistance for customer support. In a recent interview with Investorideas.com, Danny Rittman, the CTO of GBT Technologies Inc. (OTC Pink: GTCH), commented on the inevitability of this.\"In any type of Integrated Circuit (IC) and its derivatives, AI will follow it,\" Rittman said.GBT recently announced the filing of a non-provisional patent application with the US Patent and Trademark Office for systems and methods of a financial software application for a secured, AI-controlled credit card management system. According to the press release, this is for the creation of \"a smart \"Financial Manager\" that helps users with credit line monetary decisions, always ensuring their best interest.\"Rittman explained how and why such a service would be useful for credit card users and how the AI works.\"It's hard to track which card is the best to use sometimes, in terms of interest rate which one gives you the best frequent flier mileage and which one earns you the best gifts and benefits overall,\" he said. \"Having an AI system as a financial advisor that is connected to consolidate all credit cards into one account and do this selection for you, can make a whole world of financial difference. It's going to automatically create on the fly, the best financial advisor, telling you which card to use in which time and occasion in order to reach the best re...