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AI Agents & Applications · intermediate · concept 253 of 311 · Updated Nov 4, 2026

AI in Finance

Finance has used machine learning for years in fraud detection, credit scoring and trading, and now adds language models for research, compliance and customer service. Regulation and explainability shape what can ship, since a lender may need to give the reasons for a decision. Bias, model risk and shared dependence on the same few vendors are the main concerns.

Key terms

Fraud detectionCredit scoringModel risk managementAlgorithmic tradingExplainability

Where you meet it in the real world

Fraud checks, underwriting support, document review, research assistants