Relationships and Trends Between Artificial Intelligence (AI) and the Banking Sector

“Artificial Intelligence (AI) and Banking Sector: Relations and Trends” discusses the relationship between Artificial Intelligence (AI) and the financial sector transforming the entire industry. AI algorithms automate financial operations, reducing human error and simplifying processes. The study focuses on the application of artificial intelligence in the banking sector. It examines fascinating topics such as: how AI is involved in financial education and research, how AI improves the process of making financial decisions, how the banking sector currently uses AI and its outcomes, and what future trends in banking with AI are. The relationship between Artificial Intelligence (AI) and the banking sector represents one of the best examples of innovative changes in the financial industry. AI enables the automation of banking operations, enhancement of security, and provision of personalized services. Its use increases the speed, efficiency, and reliability of services, ensuring the fulfillment of customer needs. Generative AI, chatbots, and algorithms facilitate the creation of personalized solutions, while fraud prevention and risk management mechanisms make banks more stable and trustworthy. The innovative potential of artificial intelligence will play an even more decisive role in the banking sector in the future. Future trends indicate that AI will be not only a technological tool but also a driver of change, creating new standards for the banking sector. Its potential offers unparalleled opportunities for both customers and the industry. Keywords: Artificial intelligence in the financial industry; Artificial intelligence and the banking sector; Artificial intelligence trends.

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Publication Details

Journal
Economics
Published
2025-05-22
DOI
https://doi.org/10.36962/ecs107/3-5/2025-42
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.00
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article

Relationships and Trends Between Artificial Intelligence (AI) and the Banking Sector

Khatuna Shalamberidze Khatuna Shalamberidze
Economics
FinTech, Crowdfunding, Digital Finance
article

Relationships and Trends Between Artificial Intelligence (AI) and the Banking Sector

Khatuna Shalamberidze Khatuna Shalamberidze
article en

Abstract

“Artificial Intelligence (AI) and Banking Sector: Relations and Trends” discusses the relationship between Artificial Intelligence (AI) and the financial sector transforming the entire industry. AI algorithms automate financial operations, reducing human error and simplifying processes. The study focuses on the application of artificial intelligence in the banking sector. It examines fascinating topics such as: how AI is involved in financial education and research, how AI improves the process of making financial decisions, how the banking sector currently uses AI and its outcomes, and what future trends in banking with AI are. The relationship between Artificial Intelligence (AI) and the banking sector represents one of the best examples of innovative changes in the financial industry. AI enables the automation of banking operations, enhancement of security, and provision of personalized services. Its use increases the speed, efficiency, and reliability of services, ensuring the fulfillment of customer needs. Generative AI, chatbots, and algorithms facilitate the creation of personalized solutions, while fraud prevention and risk management mechanisms make banks more stable and trustworthy. The innovative potential of artificial intelligence will play an even more decisive role in the banking sector in the future. Future trends indicate that AI will be not only a technological tool but also a driver of change, creating new standards for the banking sector. Its potential offers unparalleled opportunities for both customers and the industry. Keywords: Artificial intelligence in the financial industry; Artificial intelligence and the banking sector; Artificial intelligence trends.

EconomicsVol. 107(3-5)
Akaki Tsereteli State University (GE)
Openalex Percentile: Top 78%
FinTech, Crowdfunding, Digital Finance
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