---
title: Use of AI and ML in Banking & Finance to Improve Decision-Making, Automate Processes, and Enhance Customer Experiences
url: https://www.ml-quant.com/papers/ssrn/5086625/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 5086625
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5086625
featured: 2025-01-08
citations: 5
topic: Risk, Credit & Banking
---


# Use of AI and ML in Banking & Finance to Improve Decision-Making, Automate Processes, and Enhance Customer Experiences

The manuscript discusses the potential of AI and ML in finance and regulatory compliance, but also points out challenges related to data privacy, algorithmic bias, and model explainability.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5086625
- Identifier: SSRN 5086625
- Released: 2025-01-08
- First featured: Quant Letter No. 81 (2025-01-08): https://www.ml-quant.com/issues/2025-01-08/
- Citations (Semantic Scholar): 5
- Published in: not yet
- Topic: Risk, Credit & Banking

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