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The Growing Impact of AI in Financial Services: Six Examples

Arthur Bachinskiy

towards data science

Feb 21, 2019

In some ways, artificial intelligence was tailormade for the world of financial services. With so many complex decisions and operations to make, it's no wonder that AI is being put to use in every corner of finance. We know that AI is helping lenders make data-backed decisions about the potential trustworthiness of borrowers, but it's also helping companies analyze risk management at rapid speed. In addition, AI is bettering fraud detection, helping people make safer and smarter trading decisions, and creating more personalized banking experiences.