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

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.

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Publication Details

Journal
Proceeding of The International Conference on Economics and Business
Published
2024-12-31
DOI
https://doi.org/10.55606/iceb.v3i2.477
Primary Topic
Insurance and Financial Risk Management
Type
article
Field-Weighted Citation Impact
0.00
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article

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

Aisha Al-Obaidi, Tariq Al-Samarrai, Layla Al-Fadhli
Proceeding of The International Conference on Economics and Business
Insurance and Financial Risk Management
article

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

Aisha Al-Obaidi, Tariq Al-Samarrai, Layla Al-Fadhli
article en

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.

Proceeding of The International Conference on Economics and BusinessVol. 3(2)
University of Mosul (IQ)
Openalex Percentile: Top 66%
Insurance and Financial Risk Management
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