The Role of Artificial Intelligence in the Digital Banking System
The Role of Artificial Intelligence in the Digital Banking System

Author(s): Daniela Duță, Isabelle Oprea
Subject(s): Accounting - Business Administration, ICT Information and Communications Technologies, Socio-Economic Research
Published by: ADJURIS – International Academic Publisher
Keywords: financial-banking system; artificial intelligence; digital bank; algorithms;
Summary/Abstract: This paperwork follows the role and impact of artificial intelligence (AI) in the financial-banking system. By analyzing systems that use AI in business relationship initiation, decision-making processes, analytics, risk management, cyber security and customer experience, AI technology is considered to have revolutionized the way banks operate. It also discusses the advantages, disadvantages and challenges associated with the implementation of AI in the banking industry, as well as the future prospects of this field in the context of the continuous development of technology. The paper emphasizes the importance of effective adaptation to this technological evolution to ensure competitiveness and customer satisfaction in the current financial banking environment.

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