Vedantam Seetha Ram, Sukirno Sukirno, Rama Rao Gangadhara Sakha
Artificial intelligence is being used across the domains irrespective of its pros and cons highlighted by various stakeholders across the globe. AI is having a decisive role in the finance field in bringing out innovative financial instruments that cater the economic growth. Current chapter is a literature survey driven one, for which research papers covering digital banking, technology applications in banking and finance industry, technology adoption, digital research study reports of governments, monitoring agencies and research organizations are considered. Finally, 43 variables are identified from dimensions as part of factors, like personal, psychological, technical, and policy maker’s guidelines that have influence on the adoption of AI technology in finance field such that a model is proposed which helps prospective researchers as a tool. This chapter considers the pros and cons of AI technology in finance field so that a corrective mechanism can be established in enhancing the quality of financial instruments to mitigate risk, such that a sustainable financial growth prevails. © 2026 by IGI Global Scientific Publishing. All rights reserved.
Jain University, India; Universitas Negeri Yogyakarta, Indonesia; GITAM University, India
