<ul><li>AI enhances fraud prevention by analyzing transaction patterns and detecting anomalies in real-time, reducing false positives compared to rule-based systems.</li><li>AI-powered virtual assistants provide 24/7 customer support and offer automated financial insights, enhancing customer experience and reducing operational costs.</li><li>AI improves credit assessments by analyzing alternative data sources, expanding financial inclusion and speeding up loan approvals while reducing bias in lending decisions.</li><li>AI-powered trading algorithms analyze financial data, predict market trends, and execute trades automatically, improving market predictions and enhancing trading efficiency.</li></ul>

The Role of AI and Data Science in FinTech

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