AI and Machine Learning in Banking: A Systematic Literature Review

Machine learning techniques are using in many sectors for the better performance. Most of the time these are used for the prediction purpose so that the organization can take the necessary steps. In this paper, the different advantages and benefits of Artificial intelligence and machine learning techniques are discussed. The work of different researchers is discussed in this literature review to prove the importance of Artificial intelligence for the banking sector. It is also discussed how machine learning techniques can be helpful in the banking sector to deal with the risks especially the credit scoring process.