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Personal Finance and Banking: AI and Blockchain’s Transformation of Financial Services
Subtitle: From Reducing Fraud to Providing Better Investment Advice, AI and Blockchain are Revolutionizing the Financial Industry
Introduction
The financial services industry is currently undergoing a transformative shift, as innovative digital technologies like Artificial Intelligence (AI) and blockchain are poised to reshape the landscape of personal finance and banking. These advanced technologies hold the promise of delivering substantial enhancements in areas such as fraud prevention, data protection, and customized investment guidance, among numerous other advantages. This article explores the various ways AI and blockchain are revolutionizing the financial services domain, concentrating on the implications of these technologies for personal finance and banking.