MINDBLOWING USES OF AI IN FINANCE

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=LR1aOl7Z2wk

We are talking about Artificial Intelligence applications in finance. Let's review the current list of trends and what to expect from the industry. • ▶ Contact Jelvix: [email protected] | jelvix.com • We are a technology consulting and software development company eager to share our knowledge and experience. • Subscribe for more tech tips and tutorials: / @jelvix • ▶ USEFUL LINKS: • Machine Learning vs. Deep Learning vs. Artificial Intelligence - https://jelvix.com/blog/ai-vs-machine... • Application of AI in Finance - https://jelvix.com/blog/ai-in-finance • ▶ TIME CODES: • ▶ Follow us: • Facebook - / jelvixcompany • Twitter - / jelvix • Instagram - / jelvix • Linkedin - / jelvix • Upwork - https://www.upwork.com/ag/jelvix/ • ▶ About this video: • How is AI applied in finance? • 1. Automation • It enables organizations to boost productivity and cut operational costs. Statistics say that AI helps companies save up to 70% of the costs associated with repetitive tasks. • 2. Credit Decisions • We once developed AI-based software that helps banks assess potential borrowers. It immediately analyzes countless factors thus saving costs and making the process much faster. Sounds exciting, doesn’t it? • 3. Trading • AI-driven trading systems can analyze massive amounts of data much quicker. You won’t believe it, but predictions made by AI algorithms are more accurate because they can analyze a lot of historical data. • 4. Risk Management • AI can handle risk management tasks much more efficiently and analyze various financial activities in real-time. • 5. Fraud Prevention • AI-driven fraud detection tools can analyze clients’ behavior, track their locations, and determine their purchasing habits. Therefore, they can quickly detect any unusual activities. • 6. Personalized Banking • AI-powered chatbots minimize the workload of the call centers. • There are also many apps that offer personalized financial advice so that users can achieve their financial goals, track regular expenses, income, and purchasing habits.

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