artificial intelligence in finance

Artificial intelligence (AI) in finance involves using computer systems to analyze data, identify patterns, and make decisions or predictions with minimal human intervention. It helps in tasks like detecting fraud, managing investments, and assessing risks more efficiently and accurately. AI learns from large amounts of financial information, enabling faster responses to market changes and more personalized services for clients. Overall, AI enhances the speed, accuracy, and decision-making capabilities of financial institutions, transforming traditional processes into smarter, data-driven solutions.