Artificial Intelligence (AI) Technology-Based Approach in Banking Compliance Supervision

With the acceleration of the development process of economic globalization, the compliance risks enterprises face have become increasingly severe and complex, especially for Fintech enterprises, which face unclear regulatory policies and rules and the dual challenges of financial risks and technology risks at the same time. The Fintech sector is more likely to trigger systemic risks than other industries. As a result, the compliance requirements for Fintech will also be stricter than those of other industries (Khang & Jadhav et al., 2024).