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Book part
Publication date: 17 June 2024

Akansha Mer, Kanchan Singhal and Amarpreet Singh Virdi

In today's advanced economy, there is a broader presence of information revolution, such as artificial intelligence (AI). AI primarily drives modern banking, leading to innovative…

Abstract

Purpose

In today's advanced economy, there is a broader presence of information revolution, such as artificial intelligence (AI). AI primarily drives modern banking, leading to innovative banking channels, services and solutions disruptions. Thus, this chapter intends to determine AI's place in contemporary banking and stock market trading.

Need for the Study

Stock market forecasting is hampered by the inherently noisy environments and significant volatility surrounding market trends. There needs to be more research on the mantle of AI in revolutionising banking and stock market trading. Attempting to bridge this gap, the present research study looks at the function of AI in banking and stock market trading.

Methodology

The researchers have synthesised the literature pool. They undertook a systematic review and meta-synthesis method by identifying the major themes and a systematic literature review aided in the critical analysis, synthesis and mapping of the body of existing material.

Findings

The study's conclusions demonstrated the efficacy of AI, which has played a robust role in banking and finance by reducing risk and operational costs, enabling better customer experience, improving regulatory complaints and fraud detection and improving credit and loan decisions. AI has revolutionised stock market trading by forecasting future prices or trends in financial assets, optimising financial portfolios and analysing news or social media comments on the assets or firms.

Practical Implications

AI's debut in banking and finance has brought sea changes in banking and stock market trading. AI in the banking industry and capital market can provide timely and apt information to its customers and customise the products as per their requirements.

Abstract

Details

Understanding Financial Risk Management, Third Edition
Type: Book
ISBN: 978-1-83753-253-7

Book part
Publication date: 31 May 2024

Jade Levell

Abstract

Details

Music, Mattering, and Criminalized Young Men: Exploring Music Elicitation as a Feminist Arts-Based Research and Intervention Tool
Type: Book
ISBN: 978-1-83753-768-6

Book part
Publication date: 3 June 2024

Rachana Sharma

Scholarly works on sex work and sex workers are mostly confined to discourses on human trafficking and the incidence of HIV/STIs among sex workers. Although crucial, this…

Abstract

Scholarly works on sex work and sex workers are mostly confined to discourses on human trafficking and the incidence of HIV/STIs among sex workers. Although crucial, this restricted focus has neglected the reality that sex workers are a diverse community, and while their challenges may appear to be linked at first glance, they differ greatly. While extensive research has been conducted on sex workers working in more open settings like brothels, hotels, and streets, there is a scarcity of research on sex workers working in more private spaces, such as, for instance, their own homes. Within the hierarchy of sex workers, home-based sex workers (HBSWs) among the indoor sex workers dominate commercial sex transactions. However, they are often overlooked due to their covert nature and invisible landscape. This chapter addresses the knowledge gap by examining the work lives and conditions of home-based female sex workers (FHBSWs) in Punjab. The study analyzes the complex lives of sex workers who use their home as both a family unit and a workplace. A detailed analysis of the risks and vulnerabilities they face in their daily lives and their coping strategies is also examined in this chapter. The study points out that although working from home may have positive outcomes for sex workers, the integration of sex work into the home environment exposes them to several challenges. Hence, the study emphasizes the need for tailoring interventions for sex workers who operate in different physical environments so that their unique needs and challenges are well addressed.

Details

People, Spaces and Places in Gendered Environments
Type: Book
ISBN: 978-1-83797-894-6

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Abstract

Details

Music, Mattering, and Criminalized Young Men: Exploring Music Elicitation as a Feminist Arts-Based Research and Intervention Tool
Type: Book
ISBN: 978-1-83753-768-6

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