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The Role of Artificial Intelligence in Improving the Efficiency of Financial Risk Management Utomo, Widodo Budi; Yaqin, Nurul; Sari, Nurmala
Pasundan Social Science Development Vol. 6 No. 1 (2025): Pasundan Social Science Development (PASCIDEV)
Publisher : Doctoral Program of Social Science Pasundan University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56457/pascidev.v6i1.257

Abstract

Artificial Intelligence (AI) has revolutionized the financial sector by offering sophisticated solutions for financial risk management. This article discusses how AI helps companies improve efficiency in identifying, managing, and minimizing risks in the financial sector, including market, credit, and operational risks. With algorithms such as machine learning, natural language processing, and neural networks, AI can process big data quickly, provide accurate analysis, and support strategic decision-making. Despite challenges such as data security and context understanding, the benefits of AI go far beyond these barriers, making it an essential innovation in the digital age. This research highlights the importance of AI integration to create a more secure, efficient, and competitive financial system.
Penerapan Ilmu Manajemen Keuangan untuk Meningkatkan Pendapatan Masyarakat Melalui Pemberdayaan Ekonomi di Desa Ciwalat Kecamatan Pabuaran Kabupaten Sukabumi Waruwu, Nofirman Yantoni; Utomo, Widodo Budi; Andica, Juita; Sari, Nurmala; Yaqin, Nurul; Marjohan, Masno; Hamsinah, Hamsinah
Jurnal PKM Manajemen Bisnis Vol. 4 No. 2 (2024): Jurnal PKM Manajemen Bisnis
Publisher : Perhimpunan Sarjana Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37481/pkmb.v4i2.826

Abstract

This service is entitled Application of Financial Management Science to Increase Community Income Through Economic Empowerment in Ciwalat Village, Pabuaran District, Sukabumi Regency. The general aim of this community service activity is to provide practical training and knowledge of financial management in increasing community income through economic empowerment which has an impact on community welfare.  The methods used are survey methods and direct delivery of material as well as simulations and discussions regarding management, financial management, product marketing and the application of HRM in increasing community income through economic empowerment which has an impact on community welfare. The conclusion of this community service is that management assistance will be provided in developing community knowledge to increase income through economic empowerment by establishing financial management through family financial reports in an effort to realize the welfare of the people of Ciwalat Village, Pabuaran District, Sukabumi Regency.