Artificial Intelligence and
Artificial intelligence (AI) and machine learning algorithms are reshaping the finance industry
in various ways. AI-driven chatbots and virtual assistants enable personalized consumer
interactions, delivering around-the-clock help and improving customer experiences.
Blockchain, the technology that powers cryptocurrencies
such as Bitcoin, has received much attention recently. It
provides decentralized and transparent transaction
ledgers, eliminating the need for intermediaries and
Robo-advisors are drawing a new
generation of investors because to their
enhanced accessibility and
convenience. By offering automated
and algorithm-based portfolio
management services, robo-advisors
have altered the investing market.
Mobile Banking and Digital
The ubiquity of smartphones has spurred the emergence of mobile
banking and digital payment systems. Consumers may now monitor their
money, make payments, and transfer funds using mobile apps.