Page 23 - AI & Your Career review copy

CAREERS: Finance
a-Driven
Mo ey De isions
Fr m in esting st ategies to fr .
ud de ection,
A da a is el vating th fi ancial se tor.
I yo th r s r a nk a a e
e
a c s l e
eer in a fi nc g
a ance is
mo en
e yo r sp ed, l ten up Ha ing
a a e
e
a c ic gr sp of AI co cepts ca n
si nificantly bo st yo r ap eal, e e-
ci lly in ro ol es th t in olve da a an ly-
si , r k ma agement, o in estment
st ategies. I eed, A is al ov r th fi -
na ce wo ld, s eamlining pr cesses,
i roving ri k an lysis, i reasing effi ffi-
ci ncy, a pe sonalizing se vices fo r
th ir cl ents. H e ar a e
: wa s:
an and offer personalized investment ad-
vice to their clients.
For individuals who cannot afford
i d to the form of robo-advisors. These are
riv manage investment portfolios based
k with minimal human involvement.
Companies like Vanguard, Fidelity
ike ost Figuring Out the Best
others provide this lower-cost option.
Investment Strategies
s Fraud Detection
to here t and Prevention
ck or Pr ckRock, on nance, costing companies billions.
s, u Finance companies like PayPal are
yz t of data
fi al provide re -
mi er REVIEW COPY
rithms to detect and prevent fraudulent
activities. PayPal’s AI-based system
analyzes vast amounts of transaction
on-
Faster Loan Approvals
R s a textual information to identify suspi-
p s t e
f o management company, and Robin-
ercard
tak e
s m a a h m s e
t uses AI-powered technology, such as
home just that more challenging. To-
platform, also use AI-powered tools to
Decision Intelligence, to analyze pat-
day, homebuyers can sometimes get
analyze ds stor
tern and tect ro nn a o r H behavior, helping them develop effec-
c -
t Financial companies like Rocket
tive investment strategies. These AI-
tinuously adapt and improve fraud de-
ing AI t mo e
nie are mo driven systems enable finance compa-
tection capabilities, ensuring the secu-
Capital One are leveraging AI to move
nies to make data-driven decisions
rity of customer transactions.
the loan approval roces ong
mor GINEERING.COM AI -E