AI-Driven Tools Transforming The Banking Landscape: Revolutionizing Finance

The integration of Artificial Intelligence (AI) into banking has transformed the industry, impacting efficiency, security, and customer experience. This research paper explores AI's effects on operational efficiency, risk management, and back-office processes. AI automates tasks, optimizes risk management through machine learning, and organizes back-office processes, reducing costs and enhancing competitive advantage. The combination of banking and AI revolutionizes risk management, with AI- driven tools safeguarding against cybercrimes. Customer experience is crucial, and AI plays a vital role in enhancing it, from chatbots to personalized products. AI-driven banking services are now integral, tailoring services to improve customer experience and foster loyalty. In summary, AI's integration empowers banks with efficiency, security, and enhanced customer services, reshaping the landscape of banking and finance. The paper examines innovative AI techniques for reducing irregularities and protecting financial data.