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The Role of Artificial Intelligence in Revolutionizing Financial Services: Opportunities and Challenges

Year: 2024

Type: conference-paper

Abstract: Artificial intelligence (AI) is transforming the financial services industry by enhancing decision-making, risk management, and customer engagement. This study explores the adoption of AI technologies in banking, investment management, and insurance. It also addresses ethical and regulatory challenges, providing a roadmap for sustainable AI integration in the financial sector.

Source: Proceeding of The International Conference on Economics and Business

DOI: 10.55606/iceb.v3i2.477

Authors: Aisha Al-Obaidi, Tariq Al-Samarrai, Layla Al-Fadhli

Institution: University of Mosul

Language: English

Topic: Digital Transformation in Financial Services

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W4409836344

FWCI: 2.568

Cites:

Cited by: 1

Related to: 10