Applications of Artificial Intelligence in Financial Services

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The Future of Finance

Abstract

Having explored the definition of artificial intelligence, the core capabilities that it offers, and the dynamics of its evolution, we will now turn our attention to the application of artificial intelligence in financial services. Unlike some large technology companies, very few financial services firms are directly involved in pushing the boundaries of what artificial intelligence can do. Instead, most financial institutions are focused on the deployment of existing artificial intelligence techniques and capabilities against key strategic problems, and in the areas of competitive opportunity.

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Notes

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    Ibid.

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Arslanian, H., Fischer, F. (2019). Applications of Artificial Intelligence in Financial Services. In: The Future of Finance. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-14533-0_15

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  • DOI: https://doi.org/10.1007/978-3-030-14533-0_15

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-14532-3

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