Why AI Supports Financial Inclusion
Unlocking Financial Access: How AI Drives InclusionFinancial inclusion is a crucial aspect of ensuring that all individuals have access to financial services and opportunities. However, many people around the world are still excluded from the formal financial system for various reasons. This is where artificial intelligence (AI) comes into play, revolutionizing the way financial institutions operate and expanding access to financial services for underserved populations.
AI-driven technologies have the potential to unlock financial access for millions of people by providing personalized services, reducing costs, and minimizing risks. By leveraging AI algorithms and machine learning, financial institutions can analyze vast amounts of data in real-time, allowing them to make more accurate le...