Chen J. Intelligent Informatics 2022

Textbook in PDF format

Artificial intelligence (AI) has become a technological reality for businesses and organizations across industries. Artificial Intelligence enhances the speed, precision and effectiveness of human efforts. In financial institutions, AI techniques can be used to identify which transactions are likely to be fraudulent, adopt fast and accurate credit scoring, as well as automate manually intense data management tasks. Even if its benefits may not be always easy to quantify, AI has proven itself capable of improving process efficiency, reducing human errors and labor, and extracting insights from big data. This book summarizes the broad application and policy context for this emerging field