Research on the Application of Artificial Intelligence in the Financial Field

Zhiheng Tang

2024

Abstract

With the development of high and new technology, artificial intelligence has become a powerful productivity that can not be ignored in modern times, especially in the financial industry. Artificial intelligence technology brought new impetus to the financial industry, financial processing efficiency significantly increased, showing its creativity and intelligence. This paper primarily examines the use of artificial intelligence in the financial sector and delves into the potential risks and challenges associated with its implementation. This paper aims to summarize the current research progress, classify the application of artificial intelligence in the financial industry, and look forward to the future development. By analyzing the existing research, this article hopes to provide a reference for further research, promote the sustainable development of artificial intelligence in the financial sector. Specifically, this article will discuss the artificial intelligence in the smart interest, risk management, personalized financial products, such as custom applications, data quality analysis, algorithm of prejudice and systemic risk simultaneously, putting forward the corresponding solution and the future research direction. This paper concludes that although artificial intelligence can bring a lot of convenience to the financial industry, there are still risks that cannot be ignored.

Paper Citation

in Harvard Style

Tang Z. (2024). Research on the Application of Artificial Intelligence in the Financial Field. In Proceedings of the 1st International Conference on E-commerce and Artificial Intelligence - Volume 1: ECAI; ISBN 978-989-758-726-9, SciTePress, pages 307-313. DOI: 10.5220/0013224100004568

in Bibtex Style

@conference{ecai24,
author={Zhiheng Tang},
title={Research on the Application of Artificial Intelligence in the Financial Field},
booktitle={Proceedings of the 1st International Conference on E-commerce and Artificial Intelligence - Volume 1: ECAI},
year={2024},
pages={307-313},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013224100004568},
isbn={978-989-758-726-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on E-commerce and Artificial Intelligence - Volume 1: ECAI
TI - Research on the Application of Artificial Intelligence in the Financial Field
SN - 978-989-758-726-9
AU - Tang Z.
PY - 2024
SP - 307
EP - 313
DO - 10.5220/0013224100004568
PB - SciTePress