THE ROLE OF ARTIFICIAL INTELLIGENCE IN FINANCE

An Emirati Magazine publication – Released on May 31,2025 | www.emiratimagazine.com

Artificial Intelligence (AI) is revolutionizing the finance sector by enhancing efficiency, accuracy, and decision-making. AI-powered algorithms analyze vast amounts of financial data in real time, enabling quicker and more informed investment decisions. In banking, AI improves fraud detection by identifying suspicious patterns and anomalies, reducing financial crime. Robo-advisors, driven by machine learning, offer personalized investment advice at lower costs, making wealth management accessible to a broader audience.

Photo by Nataliya Vaitkevich | Image Courtesy: www.pexels.com

AI also automates repetitive tasks such as data entry, risk assessment, and customer service through chatbots, improving productivity and client satisfaction. Credit scoring models now use AI to evaluate borrowers more accurately, even with limited traditional credit history. Furthermore, predictive analytics helps firms forecast market trends and mitigate risks more effectively. As AI continues to evolve, its integration into finance promises smarter systems, improved regulatory compliance, and more resilient financial institutions—shaping the future of a dynamic, data-driven financial landscape.