A Study: How AI is Incorporated in the Middle East Banking

International Journal For Research in Applied Sciences and Biotechnology Pub Date : 2023-07-05 DOI:10.55544/jrasb.2.3.27

M. Sharma

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Abstract

The banking sector has undergone significant transformation due to the swift advancements in Artificial Intelligence (AI). The present study elucidates the benefits of aforementioned technology and their influence on both individuals and communities. The paper discusses a novel cohort of banking institutions that have reaped the rewards of advancements in AI-powered electronic gadgets and internet-based applications. For example, mobile devices are increasingly utilized to conduct transactions via economic institutions' accounts. author has discussed in the paper that advancements in AI have brought significant benefits to the banking sector. The adoption of AI-powered electronic gadgets and internet-based applications has revolutionized the way banking services are delivered, providing convenience, personalized experiences, and enhanced customer service. AI technologies have also contributed to fraud detection and prevention, improved operational efficiency, and facilitated financial inclusion. As the banking sector continues to evolve, the integration of AI is likely to play an increasingly vital role in shaping the future of banking services.

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一项研究:人工智能如何融入中东银行业

由于人工智能(AI)的迅速发展，银行业经历了重大变革。本研究阐明了上述技术的好处及其对个人和社区的影响。本文讨论了一批新的银行机构，它们从人工智能驱动的电子产品和基于互联网的应用程序的进步中获得了回报。例如，移动设备越来越多地用于通过经济机构的账户进行交易。作者在论文中讨论了人工智能的进步给银行业带来了巨大的好处。人工智能电子产品和基于互联网的应用程序的采用彻底改变了银行服务的提供方式，提供了便利、个性化的体验，并增强了客户服务。人工智能技术还有助于发现和预防欺诈，提高业务效率，促进普惠金融。随着银行业的不断发展，人工智能的整合可能在塑造银行服务的未来方面发挥越来越重要的作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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International Journal For Research in Applied Sciences and Biotechnology

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