14 ways Artificial Intelligence can revolutionize the Financial Industry in 2021

Artificial intelligence (AI) is revolutionizing the transformation of interaction with money, and how consumers and companies alike access and manage their finances. AI in finance encompasses everything from chatbot assistants to fraud detection and task automation. AI is helping the financial industry to streamline and optimize processes ranging from credit decisions to quantitative trading and financial risk management. The decision for financial institutions to adopt AI will be accelerated by technological advancement, increased user acceptance, and shifting regulatory frameworks. I've put together a rundown of how Artificial Intelligence can be used in finance leading the way.