ISSN 2712-7834
Semeko Galina

Semeko Galina

PhD (Econ. Sci.), Leading Researcher of the Department of Economics, Institute of Scientific Information for Social Sciences, Russian Academy of Sciences (Moscow, Russia)

Artificial Intelligence in the banking sector: opportunities and challenges

The article deals with the problems of using Artificial intelligence technologies in the banking sector in the world in general and in Russia in particular. The potential of Artificial intelligence technologies and their role in improving efficiency of banks in the face of increasing competition from new high-tech financial providers is discussed. The factors hampering the introduction of Artificial intelligence technologies in banks are analyzed.

Keywords: Artificial Intelligence; financial services market; banking sector; transformation of banking.

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For citation: Semeko G.V. Artificial Intelligence in the banking sector: opportunities and challenges / English transl. by Nikulichev M.Y. // Social Novelties and Social Sciences. – Moscow : INION RAN, 2021. – N 2. –P. 82–95.
DOI: 10.31249/snsn/2021.02.06, 10.31249/snss/2021.02.07
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