Iasonas Michailidis: The future for fintech is AI and a lot of automation (vid)

Jacqueline Theodoulou 07:00 - 21 January 2025

Financial Services

The future for fintech companies is artificial intelligence (AI) and a lot of automation, according to Iasonas Michailidis, Co-founder of software solutions company Procufly.

Speaking to CBN on camera at the Cyprus Fintech Summit last month, the software expert said fintech companies are always on the lookout for new technologies, especially with the rise of AI.

As challenges he cites increasing software costs, increasing data centre expenses and the demand for new technologies.

“That’s where we help as Procufly; to teach these companies what exists out there, how to streamline their operations and save money,” he explains.

Watch his full interview below:

Iasonas Michailidis: The future for fintech is AI and a lot of automation (vid)

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