The role of Artificial intelligence (AI) in various fields are expanding at encouraging speed making the work process more efficient and secured in terms of data transfer and personal account or details accessibility by the end-user.

Banking and finance are one of the most important sector of an economy where such intellectual technology in required to improve the overall service while preventing the frauds and illegal transactions. Artificial intelligence in banking is already integrated into various services helping financial institutions provide better service to their customers. In this respect we brought the list of five ways how AI can help in banking and finance sector.