EFFECTS OF ARTIFICIAL INTELLIGENCE ON THE FINANCIAL SECTOR Cover Image

YAPAY ZEKÂNIN FINANS SEKTÖRÜNE ETKİLERİ
EFFECTS OF ARTIFICIAL INTELLIGENCE ON THE FINANCIAL SECTOR

Author(s): Yunus TAŞ, Emine Aslan
Subject(s): International relations/trade, Financial Markets, ICT Information and Communications Technologies
Published by: Sage Yayınları
Keywords: Artificial Intelligence (AI); financial technologies (FinTech); algorithmic trading; machine learning (ML); portfolio management;

Summary/Abstract: Artificial intelligence (AI) has led to major changes, especially in the financial sector, transforming areas such as increased efficiency, risk management, and customer service. Technologies such as machine learning, deep learning, and natural language processing strengthen data analytics in financial markets, accelerating decision processes and enabling more accurate predictions. This article examines the developments and impacts of AI in the financial sector. It examines its contributions to financial services such as algorithmic trading, portfolio management, and credit assessment, and also discusses ethical issues and shortcomings. The importance of issues such as data privacy and the prevention of algorithmic biases was mentioned. As a result, it is predicted that the effects of AI in the financial sector will deepen and technological developments will create new opportunities for the sector. This study aims to provide a guide for financial institutions and academic research. This study has been prepared with a verbal analysis method and is based on the examination of existing literature and academic sources. In the study, theoretical approaches and current evaluations on the effects of artificial intelligence in the financial system are discussed. It aims to provide a guide for financial institutions, with a comprehensive coverage of AI in the financial sector.

  • Issue Year: 17/2025
  • Issue No: 67
  • Page Range: 11-18
  • Page Count: 8
  • Language: Turkish
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