Russian and foreign practice of artificial intelligence in banking and its significance for business processes

The research is devoted to the study of the features and possibilities artificial intelligence in banking, substantiating its importance for the business processes of modern commercial banks. The Russian and foreign banking practice of using artificial intelligence, the volume of investments in the...

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Main Authors: E. A. Zolotova, E. Yu. Kalashnikova, O. N. Chuvilova, S. M. Grishanov
Format: Article
Language:Russian
Published: North Caucasus Federal University 2023-03-01
Series:Вестник Северо-Кавказского федерального университета
Subjects:
Online Access:https://vestnikskfu.elpub.ru/jour/article/view/2427
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author E. A. Zolotova
E. Yu. Kalashnikova
O. N. Chuvilova
S. M. Grishanov
author_facet E. A. Zolotova
E. Yu. Kalashnikova
O. N. Chuvilova
S. M. Grishanov
author_sort E. A. Zolotova
collection DOAJ
description The research is devoted to the study of the features and possibilities artificial intelligence in banking, substantiating its importance for the business processes of modern commercial banks. The Russian and foreign banking practice of using artificial intelligence, the volume of investments in the development of technology are considered. The assessment of the level of digitalization of the banking sector is given and the leading banks that are active users of artificial intelligence are identified. Particular attention is paid to the use of technology in the field of lending. The main problems of banks in assessing potential borrowers are identified. With this in mind, technological solutions have been developed aimed at improving the accuracy and efficiency of artificial intelligence when considering loan applications
format Article
id doaj-art-c89df8753ec64f6fa5e6170f171489bb
institution DOAJ
issn 2307-907X
language Russian
publishDate 2023-03-01
publisher North Caucasus Federal University
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series Вестник Северо-Кавказского федерального университета
spelling doaj-art-c89df8753ec64f6fa5e6170f171489bb2025-08-20T02:54:06ZrusNorth Caucasus Federal UniversityВестник Северо-Кавказского федерального университета2307-907X2023-03-0101213110.37493/2307-907X.2023.1.32412Russian and foreign practice of artificial intelligence in banking and its significance for business processesE. A. Zolotova0E. Yu. Kalashnikova1O. N. Chuvilova2S. M. Grishanov3Institute of Economics and management, NCFUInstitute of Economics and management, NCFUInstitute of Economics and Management, NCFUNCFUThe research is devoted to the study of the features and possibilities artificial intelligence in banking, substantiating its importance for the business processes of modern commercial banks. The Russian and foreign banking practice of using artificial intelligence, the volume of investments in the development of technology are considered. The assessment of the level of digitalization of the banking sector is given and the leading banks that are active users of artificial intelligence are identified. Particular attention is paid to the use of technology in the field of lending. The main problems of banks in assessing potential borrowers are identified. With this in mind, technological solutions have been developed aimed at improving the accuracy and efficiency of artificial intelligence when considering loan applicationshttps://vestnikskfu.elpub.ru/jour/article/view/2427artificial intelligencebig databusiness processesdigital technologiescredit assessmentdigital assistantsbiometric identificationscoring model
spellingShingle E. A. Zolotova
E. Yu. Kalashnikova
O. N. Chuvilova
S. M. Grishanov
Russian and foreign practice of artificial intelligence in banking and its significance for business processes
Вестник Северо-Кавказского федерального университета
artificial intelligence
big data
business processes
digital technologies
credit assessment
digital assistants
biometric identification
scoring model
title Russian and foreign practice of artificial intelligence in banking and its significance for business processes
title_full Russian and foreign practice of artificial intelligence in banking and its significance for business processes
title_fullStr Russian and foreign practice of artificial intelligence in banking and its significance for business processes
title_full_unstemmed Russian and foreign practice of artificial intelligence in banking and its significance for business processes
title_short Russian and foreign practice of artificial intelligence in banking and its significance for business processes
title_sort russian and foreign practice of artificial intelligence in banking and its significance for business processes
topic artificial intelligence
big data
business processes
digital technologies
credit assessment
digital assistants
biometric identification
scoring model
url https://vestnikskfu.elpub.ru/jour/article/view/2427
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AT eyukalashnikova russianandforeignpracticeofartificialintelligenceinbankinganditssignificanceforbusinessprocesses
AT onchuvilova russianandforeignpracticeofartificialintelligenceinbankinganditssignificanceforbusinessprocesses
AT smgrishanov russianandforeignpracticeofartificialintelligenceinbankinganditssignificanceforbusinessprocesses