FinTech: AI-Enabled Fintech Platform TIFIN Launches TIFIN.ai With J.P. Morgan As Investor
TIFIN.ai will spark AI innovation in areas such as client portfolio insights for advisors, alternative investing, wealth management in the workplace, and insurance among others.
TIFIN and J.P. Morgan (NYSE: JPM) have announced the launch of TIFIN.ai, a platform dedicated to conceiving and developing a new cohort of AI-powered fintech companies. Building upon the success of TIFIN Studios, which created five companies between 2018 and 2021, TIFIN.ai aims to accelerate thematic AI-powered fintech innovation in wealth management across various use cases, including client portfolio insights, alternative investing, workplace wealth management, and insurance.
TIFIN.ai will leverage the insights gained from the previous cohort to refine a template for repeatable innovation, resulting in faster time-to-market for forthcoming innovations. As a subsidiary within TIFIN, TIFIN.AI will be overseen by Dr. Vinay Nair, TIFIN’s founder and CEO. (TIFIN)
The partnership between TIFIN and J.P. Morgan is motivated by their mutual belief that AI will play a crucial role in every wealth and asset management interaction. By utilizing the capabilities of AI, a broader range of professionals and individuals will gain access to invaluable insights and recommendations, enabling them to make well-informed financial choices.
The goal of TIFIN.ai is to apply the tremendous innovation in AI to create and launch companies that can positively impact financial outcomes for individuals. By combining TIFIN’s expertise in AI and innovation with J.P. Morgan’s commitment to driving efficiency and innovation in the financial services landscape, they aim to reshape the future of fintech.
TIFIN is an AI and innovation platform for wealth, managing various subsidiaries, including Magnifi, TIFIN Wealth, TIFIN AMP, and the newly launched TIFIN.ai, all geared towards providing intelligent and engaging wealth experiences for better financial lives.
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