The application of artificial intelligence in fintech and its impact on risk management
Abstract
Artificial intelligence is playing an increasingly important role in the field of financial technology. Through the application of technologies such as credit scoring, high-frequency trading, customer service and risk management, it has greatly improved the efficiency and
accuracy of financial services. Artificial intelligence plays a particularly significant role in risk management, which can improve the accuracy
and speed of risk identification and evaluation, optimize risk management processes and strategies, improve the effectiveness and timeliness
of risk control, promote the transparency and explainability of risk management, and promote risk management innovation and continuous
improvement.
accuracy of financial services. Artificial intelligence plays a particularly significant role in risk management, which can improve the accuracy
and speed of risk identification and evaluation, optimize risk management processes and strategies, improve the effectiveness and timeliness
of risk control, promote the transparency and explainability of risk management, and promote risk management innovation and continuous
improvement.
Keywords
Artificial Intelligence; Financial Technology; Risk Management
Full Text:
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DOI: http://dx.doi.org/10.18686/fm.v9i2.12446
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