How Traditional Financial Institutions have adapted to Artificial Intelligence, Machine Learning and FinTech?

نویسندگان

چکیده

Abstract This article analyzes the implications of financial sector’s recent adoption artificial intelligence (AI) and machine learning (ML). It identifies advantages these technologies in terms fraud protection, cost savings, efficiency, while also highlighting worries about conventional institutions’, such as banks, insurance reinsurance institutions, inability to compete with Fintech firms. The report contributes conversation influence modern technology by distilling classifying tools deployed established institutions that resulted continual development simplification internal procedures well client service delivery. Given increased competition industry, businesses are critical for stay afloat today’s changing world. study is directed at researchers who still early phases investigating field sector. reviews prior research documents changes occurring inside from a global perspective result integration new technologies. goals paper fulfilled (1) furthering theoretical studies on issue, (2) increasing awareness industry’s developments, (3) gathering proof have had so far.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Machine learning - an artificial intelligence approach

Imagine that you get such certain awesome experience and knowledge by only reading a book. How can? It seems to be greater when a book can be the best thing to discover. Books now will appear in printed and soft file collection. One of them is this book machine learning an artificial intelligence approach. It is so usual with the printed books. However, many people sometimes have no space to br...

متن کامل

Machine Lifelong Learning: Challenges and Benefits for Artificial General Intelligence

We propose that it is appropriate to more seriously consider the nature of systems that are capable of learning over a lifetime. There are three reasons for taking this position. First, there exists a body of related work for this research under names such as constructive induction, continual learning, sequential task learning and most recently learning with deep architectures. Second, the comp...

متن کامل

Advances in artificial neural networks, machine learning and computational intelligence

This special issue of Neurocomputing presents N original articles, which are extended versions of selected papers from the 21 European Symposium on Artificial Neural Networks (ESANN). ESANN is a single-track conference held annually in Bruges, Belgium, one of the most beautiful medieval towns in Europe, whose atmosphere favours efficient work as well as enjoyable cultural activities (Bruges is ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Proceedings of the ... International Conference on Business Excellence

سال: 2022

ISSN: ['2502-0226', '2558-9652']

DOI: https://doi.org/10.2478/picbe-2022-0078