2025, Vol. 6, Special Issue 2
The role of artificial intelligence in modern risk management in banking and finance
Author(s): Arshiya Khanum and Namratha BM
Abstract: This research explores how Artificial Intelligence (AI) is changing risk management in the banking and finance sector. It examines how AI technologies like machine learning, natural language processing, and predictive analytics are improving risk assessment, fraud detection, and regulatory compliance. The study also points out challenges such as data privacy, algorithmic bias, and the need for skilled professionals. The findings suggest that AI is transforming risk management but requires careful implementation to reduce associated risks.
DOI: 10.22271/27084515.2025.v6.i2Sc.681
Pages: 324-328 | Views: 151 | Downloads: 47
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How to cite this article:
Arshiya Khanum, Namratha BM. The role of artificial intelligence in modern risk management in banking and finance. Asian J Manage Commerce 2025;6(2S):324-328. DOI: 10.22271/27084515.2025.v6.i2Sc.681
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