Research on the Application of Artificial Intelligence on Risk Management of Commercial Banks
Weilan,
Meiling Ma and
Muratbekova Aiperi
Chapter 101 in Economic Management and Big Data Application:Proceedings of the 3rd International Conference, 2024, pp 1116-1122 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
The acceleration of the digital world calls upon banks and other financial institutions to have a clear understanding, predict and protect themselves against risks brought by uncertainties. Artificial Intelligence is one of the technologies used by banks to forecast activities, which can have a clear insight into trends, and analyze opportunities in real-time so that their businesses are protected and customers are served effectively. This paper takes Kazakhstan as the research object, uses the survey to collect data, and analyzes the positive role of AI in risk control of commercial banks, as well as the existing risks and obstacles.
Keywords: Big Data; Information Management; Economic; Data Applications; Blockchain; E-commerce (search for similar items in EconPapers)
JEL-codes: C63 C8 O14 (search for similar items in EconPapers)
Date: 2024
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