How AI can help deal with your Financial Planning?

When it comes to Finances there are quite a few common questions which everyone have.

AI can play an important role in all the major areas of Finances:

One of the most interesting use case of AI is Taxbot. This company created a bot which could process the Tax Filing without any human intervention!

AI can also help organization in managing credit risk. If a finance organization put too much stringent criteria for accepting any application then very people will get the credit. But on the other hand if the criteria are too loose the company may be at a risk of loosing money. Zest Finance has recently used AI in managing Credit Risk.

HSBC has recently used AI to create an Anti Money Laundering solution.

There are hundreds of use cases of AI in Finance Industry. Want to know more? Stay tuned...