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A survey of AI in finance

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  • Yi Cao
  • Jia Zhai

Abstract

In recent years, the dramatically fast development of financial technology (fintech) has played an important role in the production, delivery and consumption of financial products and services. In this survey, we sum up the primary research discoveries in fintech area, which include the possible evolution of fintech’s effect on customer protection, prosperity and the discovery of the asset prices and returns, and the design of digital frameworks in the era of the fintech.

Suggested Citation

  • Yi Cao & Jia Zhai, 2022. "A survey of AI in finance," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 20(2), pages 125-137, April.
  • Handle: RePEc:taf:jocebs:v:20:y:2022:i:2:p:125-137
    DOI: 10.1080/14765284.2022.2077632
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    Cited by:

    1. Li, Aimin & Li, Zhiyong & Bellotti, Anthony, 2023. "Predicting loss given default of unsecured consumer loans with time-varying survival scores," Pacific-Basin Finance Journal, Elsevier, vol. 78(C).
    2. Nigar Karimova, 2024. "Application of AI in Credit Risk Scoring for Small Business Loans: A case study on how AI-based random forest model improves a Delphi model outcome in the case of Azerbaijani SMEs," Papers 2410.05330, arXiv.org.

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