Year: 2025
Type: article
Abstract: FinTech is completely changing how it deals with financial services by making everything much faster and easier. The Fintech Industry is connecting new technologies to the daily operations of every day. Still, since the process keeps moving faster than usual, risks and problems occur just as quickly. Cyber threats keep getting more advanced, and one data breach can easily destroy customer trust in a company. Even though cloud infrastructure is being used more by FinTech firms, the usual security techniques are no longer enough. At this stage, artificial intelligence helps out. In addition to making businesses more competitive, AI will be the foundation for stronger and more trustworthy financial systems. This area completely changes the financial world by speeding up transactions, providing more services and making ordinary innovations. Nevertheless, quick technological progress makes things riskier since hackers are finding more advanced ways to attack and a sudden breakdown in trust after a data breach is possible. Because cloud computing is so important in FinTech, old security methods are insufficient. Smart financial systems depend on and profit from AI, which ensures they function safely.
Institution: Institute of Electrical and Electronics Engineers
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: bronze
OpenAlex ID: W4413067807