The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 6/2025. Finance.

Dmitry A. Kochergin

Dr. Sci. (Econ.), Assistant Professor, Chief Researcher, Institute of Economics of the RAS, Moscow, Russia

ORCID 0000-0002-7046-1967

MAIN TRENDS IN THE USE OF ARTIFICIAL INTELLIGENCE IN THE FINANCIAL SECTOR

147-169

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This article is devoted to researching the current applications of artificial intelligence in the financial sector. The study examines the basic concepts and elements of artificial intelligence technology, identifies the main areas of its application in the financial sector, and reveals new opportunities and risks associated with the introduction of artificial intelligence. The study found that the introduction of artificial intelligence allows for the automation of business processes, the optimization of resource and time use, the execution of routine processes, and the solution of complex tasks through big data analysis and pattern recognition. The main areas of application of artificial intelligence in the financial sector are: payments, financial intermediation, insurance, and asset management. In these areas, the use of artificial intelligence im- proves the efficiency of financial services by reducing the costs of internal transaction processing, regulatory compliance, fraud detection, and customer service. At the same time, the use of AI generates new sources of cyber risks and exacerbates problems of bias and discrimination in financial decision-making, which contributes to an increase in legal and operational risks.

Keywords: artificial intelligence, machine learning, neural networks, large language models, generative artificial intelligence, artificial intelligence agents, general artificial intelligence, application of artificial intelligence in payments, lending, insurance and asset management, risks of artificial intelligence implementation.

JEL: C63, G21, G22, O33

EDN: EQJOKW

DOI: https://doi.org/10.52180/2073-6487_2025_6_147_169

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Manuscript submission date: 01.09.2025

Manuscript acceptance date: 18.11.2025

For citation:

Kochergin D.A. Main trends in the use of artificial intelligence in the financial sector // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 6 Pp. 147-169. (In Russ.). https://doi.org/10.52180/2073-6487_2025_6_147_169 EDN: EQJOKW

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