The fast adoption of AI in finance is empowering businesses to do things they couldn’t imagine before. From reshaping their operating models to enhancing the capabilities of their workforce with process automation.

AI powered credit scoring, advanced fraud detection systems helps to deliver new levels of value to customers. Multiple tools, such as Artificial Intelligence, Machine Learning and Computer Vision are facilitating the development of many exciting new possibilities within the industry.

In Finance industry where records and book-keeping are pivotal, AI can be implemented into processes that involve filtering large quantities of data and auditing of financial transactions. Alongside data management and analysis, AI is used in the financial sector in the following capacities:

• Fraud detection

• Personal & Corporate Risk Assessment

• Personal financial management

• Advisory services