A Framework For Exploring The Integration Of AI And Financial Literacy Toward A Sustainable Financial Ecosystem

Abstract

Introduction: The nascent field of artificial intelligence(AI) and sustainability development holds significant implications for financial inclusion and literacy. this study looks at how artificial intelligence might improve financial decision-making, especially for underrepresented groups. Using knowledge from the 2030 Agenda, which covers a wide range of development-related topics, this paper clarifies how AI-powered financial products can help solve complicated problems and give people of all socio-economic backgrounds more power.

Objectives: This study the development of decision support systems in the financial industry, stressing the role of AI in optimizing workflows and enhancing results. Based on an analysis of recent literature, this study explores the complex workings of AI-powered financial analysis, highlighting how it can improve the precision, effectiveness, and inclusivity of decision-making. In addition, a theoretical framework that incorporates AI into financial literacy campaigns highlights the technology’s contribution to risk assessment, fraud detection, text analysis, and improved customer services. This approach emphasizes how crucial AI is to increasing financial services accessibility, encouraging sustainability, and encouraging lifelong learning.

Method and result: This study deeply analyses the research articles, papers, or conferences to explore education with information technology so that the weaker section of society has access to improve their standard of living. The study highlights the complex interplay between cognitive and non-cognitive components of financial ability. Individuals may make better judgments, comprehend financial concepts, and negotiate complex economic environments by utilizing AI-driven tools and platforms. Personalized recommendations, predictive insights, and customized learning experiences are all provided by AI-driven solutions, which further advance financial inclusion and literacy worldwide.