AI-Driven Transformation in Finance: A Comprehensive Review of Key Applications, Ethical Issues, and Future Directions

Artificial Intelligence (AI) has transformed the financial sector through automation, predictive analytics, fraud detection, and algorithmic decision-making. This study examines major AI applications in banking, investment management, credit risk assessment, and customer service while also addressing ethical concerns such as algorithmic bias, data privacy, and transparency. The research uses a Systematic Literature Review (SLR) approach based on literature published between 2018–2026. Findings s