How AI is transforming the fintech industry

Download or read book How AI is transforming the fintech industry written by Karamvir Singh and published by karamvir singh. This book was released on 2023-04-03 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial intelligence (AI) and machine learning (ML) have become buzzwords in the fintech industry, and for good reason. The use of artificial intelligence (AI) and machine learning (ML) in the financial technology (fintech) industry has grown tremendously over the past few years. AI and ML have transformed the way financial institutions operate, and both small and large businesses are feeling their impact. In this book, we will delve into how AI is transforming the fintech industry, the history of ML and AI, the costs involved in AI development, how small businesses can benefit from AI, how AI is being used in fintech, and the drawbacks of AI.