Artificial Intelligence Innovation in Financial Services

Artificial Intelligence Innovation in Financial Services

Artificial intelligence technologies are permeating financial services sectors around the world. The application of these technologies in emerging markets allows financial service providers to further automate their business processes and to levera...

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Bibliographic Details
Main Authors: Biallas, Margarete, O'Neill, Felicity
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2020
Subjects:
FINANCIAL SERVICES
FINANCIAL TECHNOLOGY
ARTIFICIAL INTELLIGENCE
FINANCIAL INCLUSION
SUPPLY CHAIN
TRADE FINANCE
EMERGING MARKET ECONOMIES
Online Access:http://documents.worldbank.org/curated/en/839801596184068790/Artificial-Intelligence-Innovation-in-Financial-Services
http://hdl.handle.net/10986/34305
id okr-10986-34305
recordtype oai_dc
spelling okr-10986-343052021-05-25T10:54:39Z Artificial Intelligence Innovation in Financial Services Biallas, Margarete O'Neill, Felicity FINANCIAL SERVICES FINANCIAL TECHNOLOGY ARTIFICIAL INTELLIGENCE FINANCIAL INCLUSION SUPPLY CHAIN TRADE FINANCE EMERGING MARKET ECONOMIES Artificial intelligence technologies are permeating financial services sectors around the world. The application of these technologies in emerging markets allows financial service providers to further automate their business processes and to leverage new and big data sources to overcome obstacles, including the high cost of serving rural and low-income customers and establishing customer identity and creditworthiness, that prevent the delivery of financial services to many consumers. Realizing financial inclusion benefits through the adoption of artificial intelligence relies on its responsible adoption by firms, on competitive market settings, and on continued investment in the necessary infrastructure. 2020-08-10T15:26:45Z 2020-08-10T15:26:45Z 2020-06 Brief http://documents.worldbank.org/curated/en/839801596184068790/Artificial-Intelligence-Innovation-in-Financial-Services http://hdl.handle.net/10986/34305 English EMCompass;No. 85 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic FINANCIAL SERVICES
FINANCIAL TECHNOLOGY
ARTIFICIAL INTELLIGENCE
FINANCIAL INCLUSION
SUPPLY CHAIN
TRADE FINANCE
EMERGING MARKET ECONOMIES
spellingShingle FINANCIAL SERVICES
FINANCIAL TECHNOLOGY
ARTIFICIAL INTELLIGENCE
FINANCIAL INCLUSION
SUPPLY CHAIN
TRADE FINANCE
EMERGING MARKET ECONOMIES
Biallas, Margarete
O'Neill, Felicity
Artificial Intelligence Innovation in Financial Services
relation EMCompass;No. 85
description Artificial intelligence technologies are permeating financial services sectors around the world. The application of these technologies in emerging markets allows financial service providers to further automate their business processes and to leverage new and big data sources to overcome obstacles, including the high cost of serving rural and low-income customers and establishing customer identity and creditworthiness, that prevent the delivery of financial services to many consumers. Realizing financial inclusion benefits through the adoption of artificial intelligence relies on its responsible adoption by firms, on competitive market settings, and on continued investment in the necessary infrastructure.
format Brief
author Biallas, Margarete
O'Neill, Felicity
author_facet Biallas, Margarete
O'Neill, Felicity
author_sort Biallas, Margarete
title Artificial Intelligence Innovation in Financial Services
title_short Artificial Intelligence Innovation in Financial Services
title_full Artificial Intelligence Innovation in Financial Services
title_fullStr Artificial Intelligence Innovation in Financial Services
title_full_unstemmed Artificial Intelligence Innovation in Financial Services
title_sort artificial intelligence innovation in financial services
publisher International Finance Corporation, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/839801596184068790/Artificial-Intelligence-Innovation-in-Financial-Services
http://hdl.handle.net/10986/34305
_version_ 1764480619292655616

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