Global AI Developments and Fintech Trends
The global artificial intelligence in fintech market is projected to reach USD 41.16 billion by 2030, growing at a CAGR of 16.5% from 2022 to 2030, driven by high AI adoption in financial organizations to detect and prevent fraud through digital banking channels.
The global artificial intelligence in fintech market size was valued at USD 9.45 billion in 2021 and is projected to reach USD 41.16 billion by 2030, growing at a compound annual growth rate (CAGR) of 16.5% from 2022 to 2030. Fintech, or financial technology, applies modern technology to financial services to improve or automate banking and investing activities. In addition to assisting with regulatory and compliance management, business analytics and reporting can assist in analyzing client behavior, which will drive demand for AI in the fintech market.