Artificial intelligence in the financial services industry
- Author
- Jacob A. Mathiesen
- Publication Year
- 2021
- Publisher
- Nova Science
- Language
- English
- Document Type
- Book
- Faculty / Subject Heading
- Computer Science
- Download Book Read book
Today, the financial services sector is facing a period of rapid disruption and innovation, and artificial intelligence (AI) is at the heart of these changes. Artificial intelligence can be used to gather enormous amounts of data, detect abnormalities, and solve complex problems. Financial institutions are already experimenting extensively with AI strategies to enhance and streamline financial institutions, BSA and AML compliance, CRA requirements, fraud detection, and real estate valuations, all while reducing cost levels. This book looks at how artificial intelligence is affecting the financial services industry.
Keywords: Artificial intelligence / Artificial intelligence Financial applications / Finance / Financial services industry Technological innovations / Intelligence artificielle Applications financières / Services financiers Innovations
