The world is facing an unprecedented test And this is the moment of truth. The International Monetary Fund has reassessed the prospect for growth for 2020 and 2021, declaring that we have entered a recession – as bad as or worse than in 2009. We must respond decisively, innovatively and together to suppress the spread of the virus and address the socio-economic devastation that COVID-19 is causing in all regions.
Every Government, presented further measures to alleviate the impact of the virus outbreak on the economy Europe, The package include a central government loan guarantee to make it easier for companies to access financing.
This will need a lot off resource and time to consuming to evaluate each companies or SME.
What it does
The platform allow Government to evaluate the losses of every business through AI approach with the regulations of Open banking and PSD2.
SME and startup can connect via web application to the platform, link their bank account through open banking where the solutions will evaluate their losses and harness AI approach to predict and advise.
Every Government can particularly alleviate the impact for small and medium-sized enterprises faster.
How I built it
Platform is fully APIs base
Challenges I ran into
Regulation and privacy data is a concern for regulators.
Accomplishments that I'm proud of
MVP Demo branded under an auditors firms, tested by banks, Auditors and Insurance companies.
What I learned
startup challenges & to make possible the unthinkable.
What's next for Future of smart behaviour
Enhancing banking by using the power of AI to educate and engage faster decision making process.
Try It out
ai, apis, data, deeplearning, openbanking