BLURRED LINES: HOW ARTIFICIAL INTELLIGENCE IS RESHAPING THE FINANCIAL SECTOR

Enthusiasm for artificial intelligence, machine learning and robotics in day to day life is at an all-time high. Technology giants, big business firms and new start-ups are playing significant role in shaping the financial sector by proving how capable is AI and how human beings and machines can do things together. Widespread of technology at reasonable and affordable cost, quick availability of data and extensive use of ICT tools have brought AI closer to commercial use. Competition in the industry also pave way for AI. In order to exist, survive and gain in the industry, banks and financial institutions enhance their services and ease of access with the adoption of AI applications. In this paper, we have put together a rundown of how Artificial Intelligence (AI) is used in the modern world, specifically in financial sector.