AI in Finance: From Trading Bots to Fraud Detection

Wall Street isn’t just suits and shouting anymore—it’s algorithms and AI, baby! Finance is one of the hottest playgrounds for artificial intelligence.

Trading bots now make split-second decisions, buying and selling stocks faster than you can say “bull market.” Big banks use AI to spot fraud by flagging weird transactions—like that time someone tried to buy a jet ski in December (nice try, Chad).

Robo-advisors are helping regular folks invest smarter, using algorithms to build portfolios and rebalance them while you binge-watch your favorite show. Even credit scoring is getting an AI upgrade, looking beyond your credit card bill to things like your online behavior.

Fun fact: JPMorgan’s COiN platform reviews thousands of legal documents in seconds—a task that used to take lawyers weeks. Sorry, lawyers.

Bottom line: AI is making finance faster, safer, and a little less mysterious. Just don’t ask your trading bot for stock tips at parties.