MACIEJ PITUCHA
TECH & AI
“ Fintechs need as much data as possible around the user to create different paths for the KYC checks ”
MACIEJ PITUCHA
TITLE : VP OF DATA COMPANY : MANGOPAY INDUSTRY : FINTECH LOCATION : POLAND
Maciej is an experienced manager focused on building products from data for fun and profit , and is VP of Data at Mangopay . processes . Why ? Because there is a race for user acquisition among fintechs , and KYC screens are one of the key steps to making a good impression . To make sure only trustworthy individuals or businesses are allowed in , fintech companies need a strong fraud prevention system . But it ’ s not just about blocking fraud . Fintechs also want to make the process of checking new users as smooth as possible . So , they need as much data as possible around the user to create different paths for the KYC checks . If a user seems trustworthy , they are taken through an easier process . And only the users who seem risky or need more checks are sent through the more detailed processes .
Embedded finance and open banking : With the continued development of embedded finance and open banking , fintechs will have access to richer datasets from multiple sources , including banks , payment providers , and e-commerce platforms . Thanks to the rise of AI , fintechs can better blend financial products right into their services . AI helps sort through all the data that comes up from all the available sources with options that exactly fit what the customer needs .
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