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Artificial Intelligence and the Future of Financial Decision-Making

Artificial Intelligence and the Future of Financial Decision-Making
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Author(s): Amna Naeem (Iqra University, Pakistan)
Copyright: 2026
Pages: 18
Source title: Emerging Trends and Innovations in Financial Services: A Futurology Perspective
Source Author(s)/Editor(s): Muhammad Ali (Taylor's University, Malaysia), Syed Ali Raza (Iqra University, Pakistan)and Chin-Hong Puah (Universiti Malaysia Sarawak, Malaysia)
DOI: 10.4018/979-8-3693-7160-2.ch008

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Abstract

Abstract: Artificial intelligence (AI) has transformed and modernized the process of financial decision making in the future; it also offers several opportunities and advancement for the users to make informed and effective decisions. Thus, the objective of this conceptual paper is to analyze the usage and application of AI in the finance sectors, specifically the role of AI in the future of financial decision-making. Finding of the conceptual paper has highlighted several significant usage and applications of Artificial intelligence in the financial decision making. These applications can be divided into six fundamental areas with reference to future of financial decision making: data analysis and insight, risk assessment, automation and efficiency, trading and investment strategies, personalized financial services, and fraud detection and security.

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