"The emergence of advanced technologies has led to a massive overhaul in the operations of several fintech firms and major banks globally. They are adopting modern technologies such as artificial intelligence (AI) and machine learning to provide their customers with contextual and customized payment solutions. This is driving the demand for advanced payment solutions to enable fast, simple, and secure business transactions. Furthermore, the surging use of credit and debit cards over cash is likely to boost the global payment processing solutions market growth in the forthcoming years."
Having previously announced several patent filings in the AI space, GBT Technologies Inc. (OTC Pink: GTCH), a development stage company for Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms, recently announced applications for the fintech payment space. The Company announced it had filed with the US Patent and Trademark Office ("USPTO"