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Stream/Area:
-
Subject:
-
Paper ID:
IJSREM40301
Volume:
8 |
12 |
Dec 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
Over the past decade, Artificial Intelligence (AI) has significantly transformed the banking sector, emerging as a crucial mechanism to enhance customer experience, optimize operational efficiency, detect and prevent fraud, and ensure regulatory compliance. This paper explores the applications of AI in the banking industry, highlighting its benefits and the challenges it poses. Additionally, it addresses the ethical considerations and future prospects of AI in banking.
KEYWORDS
Publication Date
1/31/2025
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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