Artificial Intelligence: Reshaping the Future of Banking, Business and Finance

Authors

Dr. Neelam Parihar

Assistant Professor, J. S. B. G. I. H. M. Almora, Uttarakhand (India)

Dr. Usha Pandey

Assistant Professor (Commerce) Govt. P. G. college, Bazpur, Udham Singh Nagar, Uttarakhand (India)

Article Information

DOI: 10.47772/IJRISS.2026.100700694

Subject Category: Education

Volume/Issue: 10/7 | Page No: 10214-10218

Publication Timeline

Submitted: 2026-07-08

Accepted: 2026-07-13

Published: 2026-08-11

Abstract

Artificial Intelligence (AI) is fundamentally transforming the banking, business and finance sectors by automating processes, enhancing decision-making and personalizing customer experiences. This paper examines the role of AI across banking, business and finance operations, capital market activities and broader business ecosystem and investment strategies. It also analyzes the benefits-such as cost reduction, efficiency gains and improved financial inclusion-as well as the challenges associated with data privacy, algorithmic bias, regulation and workforce displacement. This paper examines the challenges of AI in banking, business and finance sectors.

Keywords

Artificial Intelligence, financial services, banking sector, digital transformation, business sector, data privacy.

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