Can AIGC help in Financial Technology? The Impact on Businesses and Consumers

DOI

10.2991/978-94-6463-260-6_28How to use a DOI?

Keywords

Fintech; AIGC; Technology; Business; Application strategy

Abstract

Financial technology (FT) has become a rapidly growing field, with the rise of digital payment, mobile banking, and online trading. The use of artificial intelligence (AI) and machine learning algorithms has allowed FT to greatly enhance the speed, accuracy, and ease of service. This paper explores the benefits that AIGC has on businesses, banks, and consumers. We focus on analyzing the rise in applications for AIGC within fintech and discuss the potential impact it has had on both business models and customer experience. We further explore the areas in which banks and consumers can benefit from the application of AIGC.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Haiwei Wang
PY  - 2023
DA  - 2023/09/28
TI  - Can AIGC help in Financial Technology? The Impact on Businesses and Consumers
BT  - Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
PB  - Atlantis Press
SP  - 216
EP  - 227
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-260-6_28
DO  - 10.2991/978-94-6463-260-6_28
ID  - Wang2023
ER  -