Ai And The Future Of Banking

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An industry-specific guide to the applications of Advanced Analytics and AI to the banking industry Artificial Intelligence (AI) technologies help organisations to get smarter and more effective over time – ultimately responding to, learning from and interacting with human voices. It is predicted that by 2025, half of all businesses will be using these intelligent, self-learning systems. Across its entire breadth and depth, the banking industry is at the forefront of investigating Advanced Analytics and AI technology for use in a broad range of applications, such as customer analytics and providing wealth advice for clients. AI and the Future of Banking provides new and established banking industry professionals with the essential information on the implications of data and analytics on their roles, responsibilities and personal career development. Unlike existing books on the subject which tend to be overly technical and complex, this accessible, reader-friendly guide is designed to be easily understood by any banking professional with limited or no IT background. Chapters focus on practical guidance on the use of analytics to improve operational effectiveness, customer retention and finance and risk management. Theory and published case studies are clearly explained, whilst considerations such as operating costs, regulation and market saturation are discussed in real-world context. Written by a recognised expert in AI and Advanced Analytics, this book: Explores the numerous applications for Advanced Analytics and AI in various areas of banking and finance Offers advice on the most effective ways to integrate AI into existing bank ecosystems Suggests alternative and complementary visions for the future of banking, addressing issues like branch transformation, new models of universal banking and ‘debranding’ Explains the concept of ‘Open Banking,’ which securely shares information without needing to reveal passwords Addresses the development of leadership relative to AI adoption in the banking industry AI and the Future of Banking is an informative and up-to-date resource for bank executives and managers, new entrants to the banking industry, financial technology and financial services practitioners and students in postgraduate finance and banking courses.

Product Details :

Genre : Business & Economics
Author : Tony Boobier
Publisher : John Wiley & Sons
Release : 2020-04-09
File : 298 Pages
ISBN-13 : 9781119596141


Smart Financial Market Ai And The Future Of Banking

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Smart Financial Market: AI and the Future of Banking offers a comprehensive exploration of how artificial intelligence is transforming the financial industry. This essential read covers critical topics such as FinTech innovations, robo-advising, and evolving payment methods. The book is a collaboration of experts, including engineers, professors, law students, and bank managers, ensuring that the content is both authoritative and up-to-date with the current landscape. Delving into the intersection of technology and finance, this book provides readers with insights into the latest AI-driven solutions that are reshaping banking services. From the rise of FinTech startups disrupting traditional banking models to the advent of robo-advisors offering personalized financial guidance, this book examines how AI is creating new opportunities and challenges within the financial sector.

Product Details :

Genre : Law
Author : Pritam Mehta
Publisher : Centre for Academic Research and Excellence
Release : 2024-08-25
File : 419 Pages
ISBN-13 : 9788197530883


Ai Driven Decentralized Finance And The Future Of Finance

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In the evolving landscape of finance, traditional institutions grapple with challenges ranging from outdated processes to limited accessibility, hindering the industry's ability to meet the diverse needs of a modern, digital-first society. Moreover, as the world embraces Decentralized Finance (DeFi) and Artificial Intelligence (AI) technologies, there becomes a need to bridge the gap between innovation and traditional financial systems. This disconnect not only impedes progress but also limits the potential for financial inclusion and sustainable growth. AI-Driven Decentralized Finance and the Future of Finance addresses the complexities and challenges currently facing the financial industry. By exploring the transformative potential of AI in decentralized finance, this book offers a roadmap for navigating the convergence of technology and finance. From optimizing smart contracts to enhancing security and personalizing financial experiences, the book provides practical insights and real-world examples that empower professionals to leverage AI-driven strategies effectively.

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Genre : Business & Economics
Author : Irfan, Mohammad
Publisher : IGI Global
Release : 2024-08-26
File : 426 Pages
ISBN-13 : 9798369363232


Navigating The Future Of Finance In The Age Of Ai

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The financial landscape is rapidly evolving, and professionals must keep pace with the complex relationship between traditional financial practices and cutting-edge technologies. The integration of Artificial Intelligence (AI) and Machine Learning (ML) into finance presents a transformative shift that requires a deep understanding and strategic approach. Navigating the Future of Finance in the Age of AI offers a comprehensive exploration of AI's impact on the financial sector, from predictive analytics to algorithmic trading strategies. Each chapter is written by experts in the field, and they provide practical insights and real-world examples to make complex concepts accessible and actionable. The book also delves into regulatory challenges, ethical considerations, and case studies, equipping readers with the tools needed to harness AI's transformative power in finance. Whether you are a finance professional seeking to enhance decision-making, a data scientist aiming to apply ML techniques in finance, or an academic exploring AI's role in financial innovation, this book is an indispensable resource that offers a roadmap to navigate the complexities of AI-driven finance and seize the opportunities it presents.

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Genre : Business & Economics
Author : Pandow, Bilal Ahmad
Publisher : IGI Global
Release : 2024-08-26
File : 394 Pages
ISBN-13 : 9798369343838


Artificial Intelligence In Banking

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In these highly competitive times and with so many technological advancements, it is impossible for any industry to remain isolated and untouched by innovations. In this era of digital economy, the banking sector cannot exist and operate without the various digital tools offered by the ever new innovations happening in the field of Artificial Intelligence (AI) and its sub-set technologies. New technologies have enabled incredible progression in the finance industry. Artificial Intelligence (AI) and Machine Learning (ML) have provided investors and customers with more innovative tools, new types of financial products, and a new potential for growth. According to Cathy Bessant (the Chief Operations and Technology Officer, Bank of America), AI is not just a technology discussion. It is also a discussion about data and how it is used and protected. She says, “In a world focused on using AI in new ways, we’re focused on using it wisely and responsibly.”

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Genre : Business & Economics
Author : IntroBooks Team
Publisher : IntroBooks
Release :
File : 33 Pages
ISBN-13 :


The Future Of Islamic Finance

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This exhaustive collection presents an all-encompassing account of the current status of Islamic finance, accentuating its ethical, technological, and sustainable facets.

Product Details :

Genre : Business & Economics
Author : Edib Smolo
Publisher : Emerald Group Publishing
Release : 2024-11-07
File : 297 Pages
ISBN-13 : 9781835499061


Mainstreaming Cryptocurrency And The Future Of Digital Finance

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Money is no longer limited to physical currency or credit and debit cards; however, cryptocurrencies are emerging due to recent technological advancements. Financial markets have been revolutionized as a result of innovative technological trends. It seems that there is no way to evade embracing new trends in the financial markets; without them, we will be destined to fail. Mainstreaming Cryptocurrency and the Future of Digital Finance provides an overview of the advantages and disadvantages of current cryptocurrency-based payment methods aiming to leverage technology to create better financial services in different businesses. The book also discusses fintech, the cryptocurrency market, trading tips and techniques, brokers and how they work, digital wallets, analytical tools to pick cryptocurrencies, and risk management methods to leverage a secure investment in cryptocurrencies. Covering key topics such as digital money, trading, and financial technologies, this premier reference source is ideal for managers, business owners, industry professionals, researchers, academicians, scholars, instructors, and students.

Product Details :

Genre : Business & Economics
Author : Taherdoost, Hamed
Publisher : IGI Global
Release : 2023-05-01
File : 350 Pages
ISBN-13 : 9781668483701


Artificial Intelligence Ai And Finance

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Artificial intelligence (AI) has the potential to significantly improve efficiency, reduce costs, and increase the speed and accuracy of financial decision-making, making it an increasingly important tool for financial professionals. One way that AI can improve efficiency in finance is by automating tasks and processes that are time-consuming and repetitive for humans. For example, AI algorithms can be used to analyze and process large amounts of data, such as financial statements and market data, in a fraction of the time that it would take a human to do so. This can allow financial professionals to focus on higher-value tasks, such as interpreting data and making strategic decisions, rather than being bogged down by mundane tasks. AI can also reduce costs in finance by increasing automation and eliminating the need for certain tasks to be performed manually. This can result in cost savings for financial institutions, which can then be passed on to customers in the form of lower fees or better services. AI can be used to identify unusual patterns of activity that may indicate fraudulent behavior. This can help financial institutions reduce losses from fraud and improve customer security. AI-powered chatbots and virtual assistants can help financial institutions provide faster, more efficient customer service, particularly when it comes to answering common questions and handling routine tasks. Some financial institutions are using AI to analyze market data and make trades in real-time. AI-powered trading algorithms can potentially make faster and more accurate trading decisions than humans. In terms of speed and accuracy, AI algorithms can analyze data and make decisions much faster than humans, and can do so with a high degree of accuracy. This can be particularly useful in fast-moving financial markets, where quick and accurate decision-making can be the difference between success and failure. This book highlights how AI in finance can improve efficiency, reduce costs, and increase the speed and accuracy of financial decision-making. Moreover, the book also focuses on how to ensure the responsible and ethical use of AI in finance. This book is a valuable resource for students, scholars, academicians, researchers, professionals, executives, government agencies, and policymakers interested in exploring the role of artificial intelligence (AI) in finance. Its goal is to provide a comprehensive overview of the latest research and knowledge in this area, and to stimulate further inquiry and exploration.

Product Details :

Genre : Technology & Engineering
Author : Bahaaeddin A. M. Alareeni
Publisher : Springer Nature
Release : 2023-08-26
File : 981 Pages
ISBN-13 : 9783031391583


The Convergence Of Self Sustaining Systems With Ai And Iot

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Picture a world where autonomous systems operate continuously and intelligently, utilizing real-time data to make informed decisions. Such systems have the potential to revolutionize agriculture, urban infrastructure, and industrial automation. This transformation, often termed the Internet of Self-Sustaining Systems (IoSS), is a pivotal topic that demands academic attention and exploration. Addressing this critical issue head-on is The Convergence of Self-Sustaining Systems With AI and IoT, which offers an in-depth examination of this transformative convergence. It serves as a guiding light for academic scholars seeking to unravel the vast potential of self-sustaining systems coupled with AI and IoT. Inside its pages, readers will delve into AI-driven autonomous agriculture, eco-friendly transportation solutions, and intelligent energy management. Moreover, the book explores emerging technologies, security concerns, ethical considerations, and governance frameworks. Join us on this intellectual journey and position yourself at the forefront of the AI and IoT revolution that promises a sustainable, autonomous future.

Product Details :

Genre : Business & Economics
Author : Rajappan, Roopa Chandrika
Publisher : IGI Global
Release : 2024-04-26
File : 428 Pages
ISBN-13 : 9798369317037


Handbook Of Research On Innovative Management Using Ai In Industry 5 0

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BOOK EXCERPT:

There is no industry left where artificial intelligence is not used in some capacity. The application of this technology has already stretched across a multitude of domains including law and policy; it will soon permeate areas beyond anyone’s imagination. Technology giants such as Google, Apple, and Facebook are already investing their money, effort, and time toward integrating artificial intelligence. As this technology continues to develop and expand, it is critical for everyone to understand the various applications of artificial intelligence and its full potential. The Handbook of Research on Innovative Management Using AI in Industry 5.0 uncovers new and innovative features of artificial intelligence and how it can help in raising economic efficiency at both micro and macro levels and provides a deeper understanding of the relevant aspects of artificial intelligence impacting efficacy for better output. Covering topics such as consumer behavior, information technology, and personalized banking, it is an ideal resource for researchers, academicians, policymakers, business professionals, companies, and students.

Product Details :

Genre : Business & Economics
Author : Garg, Vikas
Publisher : IGI Global
Release : 2021-11-19
File : 351 Pages
ISBN-13 : 9781799884996