Applications of Artificial Intelligence in Business and Finance 5.0 - Richa Goel

Applications of Artificial Intelligence in Business and Finance 5.0

By: Richa Goel (Editor), Vikas Garg (Editor), Michela Floris (Editor)

Hardcover | 6 December 2024

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AI has evolved as a burgeoning technology in many industries, including the financial and banking sectors, which are facing greater challenges in data management, identity theft, and fraud as transactions and other company processes shift online and gain popularity. As systems using deep learning technology are able to detect data patterns and spot suspicious activity and probable fraud, AI can advance many financial and business activities. This book, Applications of Artificial Intelligence in Business and Finance 5.0, provides a valuable overview of how artificial intelligence (AI) applications are transforming global businesses and financial organizations, looking at the newest artificial intelligence-based solutions for e-commerce, corporate management, finance, banking and trading, and more.

Chapters look at using artificial intelligence and machine learning techniques to forecast and assess different financial risks such as liquidity risk, volatility risk, and credit risk. The book also describes the use of natural language processing and text mining paired with machine learning models to assist in guiding sophisticated investors and corporate managers in financial decision making. Other topics include cryptocurrency in emerging markets; the role of artificial intelligence in making a positive impact on sustainable development; the use of fintech for micro, small and medium enterprises; the role of AI in financial education; the application of artificial intelligence in cyber security; and more.

With a cross-disciplinary theme, this volume will be helpful to those in the corporate world, including professionals in business, finance, the e-commerce, economic sociology, political science, public administration, mass media and communications, information systems, development studies, among others.

Industry Reviews

"Provides a deeper understanding of the relevant aspects of AI impact . . . covering topics that include AI-assisted financial education, trading and business transactions, the insurance industry, personalized banking reforms, which will have the potential to contribute to global sustainability . . . A helpful manual for intellectual and practical work, calls for rethinking, and assesses the implications for the management of innovation in the future. . . . The chapters in this book were all chosen based on peer reviews by reviewers who were quite knowledgeable about the field."

-Foreword by Elisabetta Reginato, Professor in Business Economics, Department of Economics and Business Studies, Universita degli studi di Cagliari, Italy

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