AI Application Areas � Student Projects (Points 6�16)
Development of Application Areas for AI - Student Project Ideas
9. Finance
AI Fraud Detection in Transactions
- Computer vision and AI analyze transaction behavior to detect fraud.
- ROI: Reduces financial losses and improves security.
Personalized Investment Advisor
- Interaction AI provides tailored investment advice based on financial goals.
- ROI: Improves user engagement and decision-making.
AI Risk Assessment for Loans
- Digital twin models credit risk using past financial data and behavior.
- ROI: Reduces defaults and optimizes loan approvals.
Automated Tax Filing Assistant
- Extracts relevant information from tax documents to auto-fill returns.
- ROI: Saves time and improves filing accuracy.
Smart Insurance Premium Calculator
- Analyzes customer behavior and history to offer personalized premiums.
- ROI: Increases sales and customer retention.
