Financial Innovation through Artificial Intelligence and Its Contribution to Enhancing Financial Inclusion

Abstract

This study aims to introduce modern financial innovations based on artificial intelligence technologies and determine the extent of their contribution to enhancing financial inclusion in the financial industry, by studying the extent to which these technologies contribute to the development of financial products, and the extent of spread and acceptance of these products by dealers in the financial sector, After presenting the theoretical framework of the study variables, this research paper presented the reality of artificial intelligence technologies in the financial field and some of the experiences of these technologies. This study concluded that artificial intelligence has effectively contributed to making financial services available to various client groups and gaining new categories that were distant or excluded by traditional financial technologies. Therefore, it is necessary to make greater use of artificial intelligence techniques as a solution to raise levels of financial inclusion, especially in the economies of developing countries. If the use is carried out within a special regulatory and legislative framework and a tight protection system.