Articles

THE ROLE OF AN ARTIFICIAL INTELLIGENCE ON BANKING SYSTEM

Vol. 3 No. 6 (2023): Евразийский журнал права, финансов и прикладных наук 12-17

2023-06-03 Articles Open Access

Authors

  • Dilorom Yuldasheva teacher of “Management and marketing” department the Tashkent Institute of Finance

Abstract

This article explores the role of artificial intelligence (AI) in the banking system. It provides an overview of how AI is transforming the banking industry through various applications, including data analysis, fraud detection, cybersecurity, customer interactions, and risk management. The article discusses the benefits of AI in the banking system, such as improved operational efficiency, enhanced customer experience, and increased profitability, the implementation of AI in Uzbek banking system, its facing challenges.

Keywords:

References

Deloitte. (2019). Artificial Intelligence in Banking: The Changing Landscape. Retrieved from https://www2.deloitte.com/us/en/insights/industry/financial-services/artificial-intelligence-banking.html

PwC. (2020). How artificial intelligence is transforming the financial services industry. Retrieved from https://www.pwc.com/us/en/services/consulting/library/artificial-intelligence-in-financial-services.html

World Economic Forum. (2020). How Artificial Intelligence Is Transforming the Financial Ecosystem. Retrieved from https://www.weforum.org/agenda/2020/01/ai-transforming-financial-ecosystem/

Mavrin, S., & Trivković, M. (2019). Artificial intelligence and banking industry: challenges and opportunities. Strategic Management, 24(1), 29-38.

Arner, D. W., Barberis, J. N., & Buckley, R. P. (2020). The Evolution of Fintech: A New Post-Crisis Paradigm?. European Business Organization Law Review, 21(3), 431-470.

Lomakin N.I., Kiseleva S.R., Samorodova I.A. Financial technologies and artificial intelligence of the banking sector in the new financial and technological ecosystem of the future // Future of science-2017: coll. scientific articles / resp. ed. A.A. Gorokhov. - M., 2017.

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    Published

    2023-06-03

    How to Cite

    Yuldasheva, D. (2023). THE ROLE OF AN ARTIFICIAL INTELLIGENCE ON BANKING SYSTEM. Eurasian Journal of Law, Finance and Applied Sciences, 3(6), 12-17. https://www.in-academy.uz/index.php/EJLFAS/article/view/11966
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