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Artificial Intelligence in Finance
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Artificial Intelligence (AI) is making significant inroads into the finance sector, transforming traditional banking, investment strategies, and financial services. The integration of AI technologies in finance is aimed at enhancing efficiency, accuracy, and customer experience while reducing risk and fraud. Here are some key applications of AI in finance:
Fraud Detection and Prevention:
AI algorithms are adept at analyzing transaction patterns in real-time to identify anomalies that could indicate fraudulent activities. By learning from historical fraud data, AI systems can …
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