Add to Favourites
To login click here
The use of AI in financial services has the potential to significantly improve the sector, with the potential to automate mundane tasks, improve risk management and swift decision-making. However, there are potential challenges associated with the use of AI in finance, such as data privacy concerns, regulatory compliance issues, and the potential for bias and discrimination in algorithmic decision-making. It will be important for financial institutions to ensure that AI is used in a responsible and ethical way and that appropriate safeguards are in place to mitigate these risks.