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The potential of artificial intelligence in finance

Bagó, Péter (2023) The potential of artificial intelligence in finance. ECONOMY AND FINANCE: ENGLISH-LANGUAGE EDITION OF GAZDASÁG ÉS PÉNZÜGY, 10 (1). pp. 20-37. ISSN 2415-9379 (print), 2677-1322 (online)

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Abstract

The world of finance is changing, with digitisation entering all areas of our lives, including finance. It is called fintech, or financial technology, which is now at the stage where we can start talking about the financial applications of artificial intelligence. Financial digitisation is wide-ranging, from core processes, through back- and front-office applications, all the way to the customer. We channel a lot of data into bigdata. The amount of data stored here on a daily basis can no longer be manually processed. This is where solutions such as automation, machine learning and ultimately artificial intelligence come in. In this paper, I will introduce the concept of fintech and its relation to the financial applications of artificial intelligence.

Item Type: Article
Uncontrolled Keywords: fintech, automation, digitisation, artificial intelligence, finfluencer
Subjects: H Social Sciences / társadalomtudományok > HG Finance / pénzügy
Q Science / természettudomány > QA Mathematics / matematika > QA75 Electronic computers. Computer science / számítástechnika, számítógéptudomány
SWORD Depositor: MTMT SWORD
Depositing User: MTMT SWORD
Date Deposited: 20 Apr 2023 12:44
Last Modified: 20 Apr 2023 12:44
URI: http://real.mtak.hu/id/eprint/164083

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