Financial & Banking System/Service 1. Commercial Bank Lending and Deposits Lending Process: loan underwriting Asset and Liability Management 2. Capital Markets/Investment Bank Algorithmic Trading Stock price forecasting Stock buying & selling Portfolio Management 3. Payment Payment Transaction Customer Support 4. Insurance/Trade Finance Insurance Claim Management Insurance Planning Support Trade Finance Process Management 5. Wealth Management/ Financial Planning

1. 1
©2020 TechIPm, LLC All Rights Reserved http://www.techipm.com/
AI, Blockchain, IoT for Finance AT A Glance
Alex G. Lee1
Financial & Banking System/Service AI Bloclkchain IoT
Commercial Bank Lending and Deposits
Lending Process: loan underwriting
*Risk Management:
credit/market/operation risks
Asset and Liability Management
Borrower’s credit evaluation
using predictive analytics for
potential default; Detect
borrower’s fraud attempt
using deep learning/NLP;
Privacy-preserving AI
analysis for GDPR
compliance (e.g., Federated
Learning, Homomorphic
Encryption, Multiparty
Computation, Differential
Privacy)
Optimal pricing evaluation
using reinforcement learning;
Customer support/care
services using chatbots
User identification using
blockchain DID
(Decentralized Identifier) ;
Verification & tamper-
proof storage of financial
documents; KYC/AML
compliance; Personal data
anonymization for GDPR
compliance (e.g., Zero-
Knowledge Proofs);
Privacy-preserving AI
analysis using blockchain
based collaborative
learning
Tokenization for asset
collateralization
Data collection to help
for finding a
borrower’s profile
towards loan
repayments (e.g.,
lifestyle data from
wearable devices or
smart home devices);
GDPR compliance
using federated IoT
1
Alex G. Lee, Ph.D Esq., is a principal consultant at TechIPm, LLC.

2. 2
©2020 TechIPm, LLC All Rights Reserved http://www.techipm.com/
Capital Markets/Investment Bank
Algorithmic Trading
Stock price forecasting
Stock buying & selling
Stark price prediction using
deep learning sentiment
analysis (e.g., news analysis
using FinBERT for finding
how stock market will react to
a piece of news); Stark price
prediction using deep learning
predictive analytics
Automatic stock trading using
reinforcement learning;
Building a high-frequency
trading/long-short trading
strategy using deep learning;
Stock investment return
prediction using deep learning
exploiting SEC filing
data/stock characteristics data
Blockchain based
transparent algorithmic
trading system
development;
Cryptocurrency
algorithmic trading system;
Decentralized trading
system
Blockchain based stock
trading clearing and
settlement system
Real-time collection of
financial big data for
algorithmic trading
system/Sensing data
for commodity trading
(e.g., agricultural
yields/farming related
data)

3. 3
©2020 TechIPm, LLC All Rights Reserved http://www.techipm.com/
Portfolio Management Optimal portfolio allocation
& market trend prediction for
investment decision-
supporting (e.g., portfolio
construction)
Blockchain based custody
service
Payment
Payment Transaction
Customer Support
Automatic fraud detection
using user profile and past
transactions data; Automatic
payment transfers and
transactions authorization
using gesture detection, facial
recognition, and voice
recognition
Personalized service using
chatbot; Declined payment
analysis for
payment process optimization
Payment gateway for
cryptocurrency payment;
Blockchain based
remittances for B2B
payments; Real-time
KYC/AML verification for
international remittances;
Cross-currency
transactions ;
Micropayment using DeFi
(Decentralized Finance)
system; Stable coin
development
IoP (Internet of
Payments) system
development (e.g.,
contactless automotive
IoT payment system)
Interactive
location/context base
customer service

4. 4
©2020 TechIPm, LLC All Rights Reserved http://www.techipm.com/
Insurance/Trade Finance
Insurance Claim Management
Insurance Planning Support
Trade Finance Process Management
Automatic detection of
fraudulent claims (e.g.,
automatically detect damage
to vehicles and validate the
accident claims); Accelerating
claim settlement;
Personalized planning service
(e.g., customized coverage
estimation)
AI-based trade finance
compliance;
Customer identification
using blockchain DID
(Decentralized Identifier) ;
Autonomous claim
processing system
Streamline low-cost
financial flows between
buyers, sellers and
financiers; Smart contract-
backed escrows for Letter
of Credit (LC)
IoT sensor data for
policy premium
evaluation (e.g.,
driving habits data)
Health-related IoT
data for personalize
health insurance
planning
Real-time cargo
monitoring data for
risks management of
trade financing

5. 5
©2020 TechIPm, LLC All Rights Reserved http://www.techipm.com/
Wealth Management/ Financial Planning Dynamic portfolio allocation/
Optimal structuring of
retirement plans using
reinforcement learning;
Financial product /Advice
recommender system
Client onboarding
management; Autonomous
client book management;
Asset tokenization
(security tokens)
Real-time personal
financial data for real-
time wealth
management advice

6. 6
©2020 TechIPm, LLC All Rights Reserved http://www.techipm.com/