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The rapid advancements in artificial intelligence (AI) have presented new opportunities for enhancing efficiency and economic competitiveness across various industries, espcially in banking. Machine learning (ML), as a subset of artificial…

Cryptography and Security · Computer Science 2024-12-09 Ana Kovacevic , Sonja D. Radenkovic , Dragana Nikolic

Credit card fraud is an ongoing problem for almost all industries in the world, and it raises millions of dollars to the global economy each year. Therefore, there is a number of research either completed or proceeding in order to detect…

Machine Learning · Computer Science 2020-07-30 Yusuf Yazici

This article examines the evolving landscape of artificial intelligence (AI) regulation in financial services, detailing the legal frameworks and compliance challenges posed by rapid technological adoption. By reviewing current legislation,…

Computers and Society · Computer Science 2025-03-25 Shahmar Mirishli

Artificial Intelligence (AI) systems are now an integral part of multiple industries. In clinical research, AI supports automated adverse event detection in clinical trials, patient eligibility screening for protocol enrollment, and data…

Artificial Intelligence · Computer Science 2025-12-10 Laxmiraju Kandikatla , Branislav Radeljic

With the rapid growth of technology, especially the widespread application of artificial intelligence (AI) technology, the risk management level of commercial banks is constantly reaching new heights. In the current wave of digitalization,…

Risk Management · Quantitative Finance 2024-04-30 Shuochen Bi , Wenqing Bao

Credit card is one of the most extensive methods of instalment for both online and offline mode of payment for electronic transactions in recent times. credit cards invention has provided significant ease in electronic transactions.…

Machine Learning · Computer Science 2024-09-23 Sourav Verma , Joydip Dhar

The Artificial intelligence in critical sectors-healthcare, finance, and public safety-has made system integrity paramount for maintaining societal trust. Current verification methods for AI systems lack comprehensive lifecycle assurance,…

Cryptography and Security · Computer Science 2024-11-04 Mahesh Vaijainthymala Krishnamoorthy

Artificial intelligence (AI) agents are increasingly capable of initiating financial transactions on behalf of users or other agents. This evolution introduces a fundamental challenge: verifying both the authenticity of an autonomous agent…

Cryptography and Security · Computer Science 2025-11-21 Vivek Acharya

The increasing integration of Artificial Intelligence across multiple industry sectors necessitates robust mechanisms for ensuring transparency, trust, and auditability of its development and deployment. This topic is particularly important…

Cryptography and Security · Computer Science 2025-03-31 Kar Balan , Robert Learney , Tim Wood

With the upcoming enforcement of the EU AI Act, documentation of high-risk AI systems and their risk management information will become a legal requirement playing a pivotal role in demonstration of compliance. Despite its importance, there…

This report examines Artificial Intelligence (AI) in the financial sector, outlining its potential to revolutionise the industry and identify its challenges. It underscores the criticality of a well-rounded understanding of AI, its…

With the increase of credit card usage, the volume of credit card misuse also has significantly increased. As a result, financial organizations are working hard on developing and deploying credit card fraud detection methods, in order to…

Machine Learning · Computer Science 2019-12-09 Niloofar Yousefi , Marie Alaghband , Ivan Garibay

As the world is rapidly moving towards digitization and money transactions are becoming cashless, the use of credit cards has rapidly increased. The fraud activities associated with it have also been increasing which leads to a huge loss to…

Artificial Intelligence · Computer Science 2021-08-24 Pooja Tiwari , Simran Mehta , Nishtha Sakhuja , Jitendra Kumar , Ashutosh Kumar Singh

Money laundering and financial fraud remain major threats to global financial stability, costing trillions annually and challenging regulatory oversight. This paper reviews how artificial intelligence (AI) applications can modernize…

Artificial Intelligence · Computer Science 2025-12-09 Chuanhao Nie , Yunbo Liu , Chao Wang

Artificial Intelligence (AI) is an important driving force for the development and transformation of the financial industry. However, with the fast-evolving AI technology and application, unintentional bias, insufficient model validation,…

Machine Learning · Statistics 2019-12-17 Yukun Zhang , Longsheng Zhou

With the rapid development of technology, blockchain and artificial intelligence technology are playing a huge role in all walks of life. In the financial sector, blockchain solves many security problems in data storage and management in…

Cryptography and Security · Computer Science 2024-10-03 Junjun Huang

Generative Artificial Intelligence (GenAI) is rapidly reshaping the global financial landscape, offering unprecedented opportunities to enhance customer engagement, automate complex workflows, and extract actionable insights from vast…

Cryptography and Security · Computer Science 2025-05-01 Bikash Saha , Nanda Rani , Sandeep Kumar Shukla

Recently, financial institutes have been dealing with an increase in financial crimes. In this context, financial services firms started to improve their vigilance and use new technologies and approaches to identify and predict financial…

Machine Learning · Computer Science 2021-05-25 Zeinab Rouhollahi

The rise of digital payments has accelerated the need for intelligent and scalable systems to detect fraud. This research presents an end-to-end, feature-rich machine learning framework for detecting credit card transaction anomalies and…

Credit card frauds are at an ever-increasing rate and have become a major problem in the financial sector. Because of these frauds, card users are hesitant in making purchases and both the merchants and financial institutions bear heavy…

Machine Learning · Computer Science 2020-12-08 Thanh Thi Nguyen , Hammad Tahir , Mohamed Abdelrazek , Ali Babar
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