AI Assistant Aims to Help Users Manage Investments

AI Assistant Aims to Help Users Manage InvestmentsPerhaps most importantly, finUNO says that its fin1 platform uses “multi-factor biometric authentication”

A virtual assistant developer called finUNO has launched its flagship offering: The fin1 digital assistant.

It’s designed primarily to act as an intuitive interface between users and financial institutions. It’s mainly designed to help users perform real-time investment transactions, and it’s multimodal, allowing users to interact with fin1 via speech, gestures, or text.

Perhaps most importantly, finUNO says that its fin1 platform uses “multi-factor biometric authentication” – increasingly important in online financial services, as seen in the many banks to have adopted fingerprint login systems for their mobile apps, and mPayment platforms’ reliance on biometric authentication for transactions.

While some may question whether AI technology is currently advanced enough to support the kind of application envisioned for fin1, finUNO clearly sees an opportunity to push the envelope in this area. And the company has some vocal supporters; Opus Research lead analyst Dan Miller says that the system “demonstrates how state-of-the-art services move from static Q&A to truly useful advice and transaction support,” adding that AI avatars like fin1 “provide a natural way for investors to be comfortable while taking charge of their investment activities and decisions.”