Paper Details

Name: Ayush Kansal & Swati Oza Sharma
Country: India

Year: 2025
Volume: Volume No: 12, Issue No: 2, Year: 2025, (Specials issue-1)
Page Number: 38-142
DOI: https://doi.org/10.5281/zenodo.17839486

ABSTRACT
Artificial Intelligence (AI) has now become an irrevocable part of our lives. It has also
emerged as a transformational agent in revolutionizing the complex calculations and decision
making in the financial ecosystem. The innovation has brought the concept of digitalization
and now artificial intelligence, which is now bringing transforming developments on the field
of finance in today’s world. The study explores the growing aspects of AI in finance which
includes the role of automation, investment analysis, risk management, regulatory
compliances, evolving FinTech (Financial Technology), decentralized Finance (DeFi),
personalized financial services and integration of traditional finance into digitalization. The
study aims to examine the effect of AI along with challenges and opportunities on finance
and financial ecosystem. As there are two sides of a coin, the study enumerates the future
scope and the possible threats of upcoming role of AI in financial sector. As innovation never
ends, the study helps to understand the importance of Use of AI, cyber security, investor
awareness and Human Intelligence over the Artificial Intelligence before taking any financial
decisions.
Keywords: Artificial Intelligence (AI), Finance, financial ecosystem, Scope of AI in finance,
Challenges of AI in finance, digitalization.