The impact of artificial intelligence on the financial sector
This thesis is submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, 2024.
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| Формат: | Дисертація |
| Мова: | English |
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Brac University
2024
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| Онлайн доступ: | http://hdl.handle.net/10361/24160 |
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10361-24160 |
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10361-241602024-09-23T21:00:37Z The impact of artificial intelligence on the financial sector Siddiqui, Ria Chowdhury, Suman Paul Debnath, Nitai Chandra Brac Business School, Brac University Artificial intelligence Risk management Financial sector Machine learning AI NLP Fraud detection Artificial intelligence--Economic applications. Financial services industry--Technological innovations. Artificial intelligence in financial services. This thesis is submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, 2024. Cataloged from the PDF version of the thesis. Includes bibliographical references (pages 85-87). This thesis examines the profound influence of artificial intelligence (AI) on the financial sector, analyzing its many effects on operations, risk management, and client experiences. By examining the incorporation of machine learning algorithms, natural language processing, and robotic process automation, the substantial improvements in efficiency and reductions in costs that artificial intelligence (AI) provides to financial institutions was revealed. Moreover, the study explores the consequences of artificial intelligence (AI) in improving fraud detection procedures and reducing operational risks, thereby strengthening the sector's ability to withstand challenges. Nevertheless, the study also acknowledges the risks related to data privacy, ethical considerations, and the possibility of employment displacement, emphasizing the necessity for strong regulatory frameworks. This research enhances our understanding of the potential and challenges that arise from the increasing use of AI in financial services. Ria Siddiqui M. Business Administration 2024-09-23T04:27:23Z 2024-09-23T04:27:23Z ©2024 2024-02 Thesis ID 21364083 http://hdl.handle.net/10361/24160 en Brac University theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 101 pages application/pdf Brac University |
| institution |
Brac University |
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Institutional Repository |
| language |
English |
| topic |
Artificial intelligence Risk management Financial sector Machine learning AI NLP Fraud detection Artificial intelligence--Economic applications. Financial services industry--Technological innovations. Artificial intelligence in financial services. |
| spellingShingle |
Artificial intelligence Risk management Financial sector Machine learning AI NLP Fraud detection Artificial intelligence--Economic applications. Financial services industry--Technological innovations. Artificial intelligence in financial services. Siddiqui, Ria The impact of artificial intelligence on the financial sector |
| description |
This thesis is submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, 2024. |
| author2 |
Chowdhury, Suman Paul |
| author_facet |
Chowdhury, Suman Paul Siddiqui, Ria |
| format |
Thesis |
| author |
Siddiqui, Ria |
| author_sort |
Siddiqui, Ria |
| title |
The impact of artificial intelligence on the financial sector |
| title_short |
The impact of artificial intelligence on the financial sector |
| title_full |
The impact of artificial intelligence on the financial sector |
| title_fullStr |
The impact of artificial intelligence on the financial sector |
| title_full_unstemmed |
The impact of artificial intelligence on the financial sector |
| title_sort |
impact of artificial intelligence on the financial sector |
| publisher |
Brac University |
| publishDate |
2024 |
| url |
http://hdl.handle.net/10361/24160 |
| work_keys_str_mv |
AT siddiquiria theimpactofartificialintelligenceonthefinancialsector AT siddiquiria impactofartificialintelligenceonthefinancialsector |
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