Financial Services, Automotive Industry, and Management: A Comprehensive Review

Authors

  • Dr. Jainish Rai,Dr. Ankita Nihlani

Keywords:

Artificial Intelligence, financial technology, customer experience, fraud analytics, investment automation, risk mitigation, regulatory technology, data ethics, blockchain, IoT, financial innovation

Abstract

This review explores the transformative role of Artificial Intelligence (AI) within the financialservices sector. It analyzes current AI applications, highlights key benefits such as enhancedcustomer interaction, fraud prevention, risk assessment, investment strategies, and regulatorycompliance. Furthermore, it evaluates the gains in efficiency and decision-making facilitated byAI while addressing ongoing challenges related to data protection, ethical concerns, systemintegration, and regulatory alignment.

References

Cavoukian, A., Taylor, K., & Abrams, M. (2019). Privacy by design: Essential for organizational accountability and strong business practices. International Data Privacy Law, 9(3), 153-168.

Chen, J., Liu, C., Zhang, X., & Yang, C. (2019). Big data analytics, AI, and financial institutions: A comprehensive review. Journal of Management Analytics, 6(3), 233-257.

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Published

2024-07-16

How to Cite

Dr. Jainish Rai,Dr. Ankita Nihlani. (2024). Financial Services, Automotive Industry, and Management: A Comprehensive Review . Journal of Computational Analysis and Applications (JoCAAA), 33(07), 2041–2048. Retrieved from https://eudoxuspress.com/index.php/pub/article/view/2575

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Section

Articles