  We discuss our simulation tool, fintech-kMC, which is designed to generate
synthetic data for machine learning model development and testing. fintech-kMC
is an agent-based model driven by a kinetic Monte Carlo (a.k.a. continuous time
Monte Carlo) engine which simulates the behaviour of customers using an online
digital financial platform. The tool provides an interpretable, reproducible,
and realistic way of generating synthetic data which can be used to validate
and test AI/ML models and pipelines to be used in real-world customer-facing
financial applications.
