Inteligencia artificial y sus nuevas apicaciones en el sistema financiero: caso Ecuador.

Abstract

The research paper, entitled "Artificial Intelligence and its New Applications in the Financial System: The Case of Ecuador", focuses on exploring the impact of artificial intelligence (AI) in the transformation of the Ecuadorian financial sector. It examines both the benefits and challenges inherent to the implementation of new applications of Artificial Intelligence in this specific context. First, it highlights how these innovations have optimized operational efficiency, streamlining key processes in the financial arena. In particular, concrete cases of AI applications that have improved decision-making, reduced costs and strengthened security in financial transactions are explored. However, this transformation is not without its challenges. The integration of new AI applications has impacted the increase in bandwidth, generating significant challenges for connectivity and telecommunications at the national level. In addition, we examine how these strains on IT infrastructure can affect the accessibility and reliability of financial services. A comprehensive analysis of the measures needed to overcome these obstacles to ensure a successful transition to an artificial intelligence-driven financial system is proposed. The conclusions highlight that this work contributes to the understanding of the intersection between artificial intelligence and the financial system.