Artificial Intelligence in the Financial Industry
Kim Rittmeier2025-05-07T18:02:18+00:00Artificial Intelligence in the Financial Industry By Kim Rittmeier, Marketing, DEI Incorporated “The financial industry is undergoing a tectonic shift from the traditional bank to innovative fintech. Artificial Intelligence (AI) is playing a huge role in accelerating that transformation,” according to an article in Forbes. So, where is AI’s place in the financial industry? According to the US Department of the Treasury’s “Artificial Intelligence in Financial Services” report (December 2024), the use of traditional machine learning can be traced back to the 1940s. But its uses have expanded, especially in recent years due to massive leaps in technology. Now AI [...]