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AI-powered chatbots are revolutionizing the financial industry by providing innovative solutions to complex problems. This article explores the potential of chatbots in financial services, including their use cases and challenges. AI chatbots can monitor financial transactions in real-time and identify potential fraudulent activities, enable portfolio analysis and real-time market data, provide personalized investment services, and handle routine queries and issues. Additionally, chatbots can collect and analyze customer data, credit history, and other factors to provide accurate and informative responses.
