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Redefining Cross-Border Financial Flows : Transforming Remittances with AI and Other Technologies / by Hari Prasad Josyula

By: Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Publisher: Berkeley, CA : Apress, 2024Publisher: Berkeley, CA : Imprint: Apress, 2024Edition: 1st ed. 2024Description: 1 Online-Ressource(XIV, 130 p. 1 illus.)ISBN:
  • 9798868810640
Subject(s): Additional physical formats: 9798868810633 | 9798868810657 | Erscheint auch als: 9798868810633 Druck-Ausgabe | Erscheint auch als: 9798868810657 Druck-AusgabeDDC classification:
  • 004 23
DOI: DOI: 10.1007/979-8-8688-1064-0Online resources: Summary: Chapter 1: Remittance Revolution -- Chapter 2: Understanding Remittance Challenges -- Chapter 3: The Role of AI in Financial Technology -- Chapter 4: Innovations in Remittance Platforms -- Chapter 5: Enhancing Security and Compliance -- Chapter 6: Impact on Financial Inclusion -- Chapter 7: AI and Cryptocurrencies in Remittances -- Chapter 8: Overcoming Ethical and Social Challenges -- Chapter 9: AI-Powered Market Insights and Global Remittance Trends -- Chapter 10: Future Trends and Predictions -- Chapter 11: Recommendations and Strategies -- Chapter 12: Conclusion.Summary: Analyse how AI and other cutting-edge technologies affect the complex web of international financial transactions. The global remittance sector and artificial intelligence (AI) work together in a way that is testament to the revolutionary force of innovation in the always changing financial and technology landscape. As we stand at the threshold of a new age, this book aims to explore the layers of complexity underlying the confluence of AI and remittances. Your investigation will go beyond the current state of affairs and into the future, whereby predictive analytics and autonomous financial transactions will fundamentally alter the way that we send and receive money internationally. This process's incorporation of AI technology represents a revolution rather than a simple progression, one that might improve millions of people's lives by streamlining, securing, and lowering the cost of financial transactions. This book breaks down the complex workings of AI prediction models, reveals how blockchain integration may be used to facilitate safe and transparent transactions, and examines how biometric authentication can strengthen the security of financial transactions. It dives into the complexities of regulatory compliance, understanding the difficult balance between innovation and conformity to existing standards. When machines carry out transactions based on complex algorithms and current market circumstances, what does it entail for people and economies? What effect does this change have on how people make financial decisions? This book is an invitation to imagine a future in which financial systems are not just efficient but also naturally intelligent. It is a call to reflect on the moral ramifications, the effects on society, and the obligations that accompany the dawn of a new era of financial opportunity. Remittances are about to undergo a revolution, and you have a crucial role to play in determining how this will play out.PPN: PPN: 1910706493Package identifier: Produktsigel: ZDB-2-SEB | ZDB-2-CWD | ZDB-2-SXPC
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