DYNAMIC PRICING IN FINANCIAL TECHNOLOGY: EVALUATING MACHINE LEARNING SOLUTIONS FOR MARKET ADAPTABILITY
The rapid advancement of technology has transformed the financial services sector, leading to the rise of fintech companies that leverage cutting-edge tools such as artificial intelligence (AI) and machine learning (ML) to offer innovative solutions. One area where fintech is particularly impactful is dynamic pricing, which involves adjusting prices in real-time based on market conditions, user behavior, and external factors. The ability to optimize pricing in response to fluctuating conditions is critical for maximizing profitability, improving customer satisfaction, and maintaining competitiveness. In this context, machine learning algorithms provide a powerful framework for making data-driven pricing decisions by learning from historical data and predicting future trends.
Authors
- Md Azher Uddin (ORCID: https://orcid.org/0000-0002-7718-5627)
- Md. Golam Jilani Helal
- Md Arif (ORCID: https://orcid.org/0000-0003-3372-6548)
- Abdullah Al Mamun (ORCID: https://orcid.org/0009-0007-2840-759X)
- Firoz Mahmud
- Md Jamil Ahmmed
- Tauhedur Rahman
- Parvis Akter
- Md Parvez Ahmed
- Sanjida Nowshin Mou
- Md Shakhaowat Hossain
Institutions
- University of Science and Technology (YE)
- St. Francis College (US)
- Quantitative BioSciences (US)
- Gannon University (US)
Publication Details
- Journal
- International Interdisciplinary Business Economics Advancement Journal
- Published
- 2024-10-28
- DOI
- https://doi.org/10.55640/business/volume05issue10-03
- Citations
- 5
- Primary Topic
- Complex Systems and Time Series Analysis
- Type
- article
- Field-Weighted Citation Impact
- 5.65