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Case Study: TIFIN AI

Using AI to develop the world’s first social-spatial-commerce app

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Context

TIFIN, a FinTech company that leverages AI to improve the wealth management experience, needed an AI-fluent app developer to consult with and to build a series of wealth management tools for individuals and financial advisors.

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Team Challenges

The team would need FinTech experience, AI expertise, and deep knowledge of iOS and Android Development. The team we crafted would need to deliver on time and on budget. Most importantly, TIFIN needed a development team that could be unequivocally trusted.

Mobcoder was able to craft a team to deliver on all these areas.

Development Objectives

goals

Similar goals and themes across projects

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Develop apps that personalize user experiences using AI for multiple TIFIN platforms.s

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Create intuitive interfaces to improve user interaction.

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Integrate data analytics to track user behavior and measure the effectiveness of new features.



AI-Focused Approach

From the start, we saw value in leveraging AI techniques. By applying machine learning and natural language processing, we optimized TIFIN’s products with these approaches:

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Machine Learning Algorithms

We leveraged machine learning algorithms to analyze user data and tailor content recommendations to individual users.

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Natural Language Processing

We implemented natural language processing for enhanced search functionality and chatbot integration.

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Optimizing User Financial Journies

Using AI-driven insights, we optimized user journeys and simplified complex financial and wealth management concepts.

Project Phases

  • 1

    User Research and Persona Development: Understand TIFIN target audience and their needs.

  • 2

    AI Feature Ideation and Prototyping: Explore potential AI applications and develop prototypes.

  • 3

    UI/UX Design and Development: Design and develop user interfaces for seamless interaction.

  • 4

    AI Model Training and Integration: Train and integrate AI models into the Tifin platforms.

  • 5

    Testing and Deployment: Rigorously test the new features and deploy them across platforms.

  • 6

    Performance Monitoring and Optimization: Continuously monitor and optimize AI models and user experience based on data.



Tools & Tech Stacks

AI / ML

  • Tensorflow
  • OpenAI

Platform

  • apple-iconiOS
  • andriod-iconAndroid
  • web-iconWeb

Backend

  • Python
  • Node.js
  • MongoDB

Frontend

  • React.js
  • Next.js


Our Solution

Mobcoder successfully developed and published multiple AI-powered app for a number of Tifin's platforms, leading to significant improvements in user engagement.

Personalized Content Reccomendations

AI algorithms suggest relevant financial products and insights based on user profiles.

AI-Powered Chatbot

Users can interact with a chatbot for quick answers to common questions and assistance with tasks.

Simplified Investment Interface

Complex financial information is presented in a user-friendly, digestible manner.

Apps we helped build

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Magnifi: Invest with AI, one of TIFIN’s products that we helped design and develop to empower users with stronger investment tools.

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TIFIN AMP, an asset management distribution insight tool that enables asset managers to perform better wealth outcomes.

Key Development Stats

Increase in user session duration

Increase in user session duration

Higher conversion rates for financial products

Higher conversion rates for financial products

Improve user satisfaction scores

Improve user satisfaction scores

What TIFIN Says About Mobcoder’s Development Work



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