Artificial intelligence (AI) is redefining how financial services operate, bringing new waves of innovation while enhancing efficiency and decision-making across the sector. From automating mundane processes to personalizing customer experiences, AI has firmly established itself as a game-changer, and nowhere is this more evident than in the fintech space. In recent years, the rise of generative AI (GenAI) models, like OpenAI's GPT, has accelerated this transformation. These tools do more than process data, they generate meaningful content, automate workflows, and unlock insights in ways traditional AI could never achieve.
Umar Farooq is a Head of Department with a focus on national news in Pakistan. He writes for various publications including Yahoo Finance, Insider Monkey, Outlook Publishing (India) Pvt. Ltd., ProPublica, Truthout, Decatur Daily, and Gadsden Times. Umar's articles cover a range of topics including finance, business, current affairs, and social issues.