Revolutionizing finance with conversational AI: a focus on ChatGPT implementation and challenges

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Vydáno v:Humanities & Social Sciences Communications vol. 12, no. 1 (Dec 2025), p. 388
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Springer Nature B.V.
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245 1 |a Revolutionizing finance with conversational AI: a focus on ChatGPT implementation and challenges 
260 |b Springer Nature B.V.  |c Dec 2025 
513 |a Journal Article 
520 3 |a This study aims to investigate the application and management strategies of ChatGPT in financial services. We explore the potential of ChatGPT in financial customer service, financial planning, risk management, portfolio analysis, insurance services, and fraud prevention, for which it is found to provide efficient automated solutions for financial institutions. To successfully implement ChatGPT applications, we emphasize the importance of managing conversational AI, including clarifying business requirements, identifying application scenarios, building appropriate data models, ensuring security and privacy, performing manual supervision, and establishing evaluation and feedback mechanisms. Besides, we also analyze the challenges and limitations of ChatGPT in financial business, such as data trustworthiness, data privacy and security issues, model bias, and regulatory and compliance issues. Under this foundation, we propose corresponding solutions. Finally, we look forward to the future development of ChatGPT in the financial domain and make corresponding practical suggestions to help financial institutions better utilize ChatGPT technology. 
653 |a Language 
653 |a Customer services 
653 |a Efficient markets 
653 |a Deep learning 
653 |a Trends 
653 |a Fraud prevention 
653 |a Decision making 
653 |a Behavioral economics 
653 |a Data encryption 
653 |a Natural language processing 
653 |a Automation 
653 |a Bank technology 
653 |a Financial services 
653 |a Access control 
653 |a Digital technology 
653 |a Chatbots 
653 |a Financial institutions 
653 |a Bias 
653 |a Investor behavior 
653 |a Risk management 
653 |a Feedback 
653 |a Prevention programs 
653 |a Credibility 
653 |a Application 
653 |a Conversation 
653 |a Models 
653 |a Fraud 
653 |a Security 
653 |a Financial planning 
653 |a Human-computer interaction 
653 |a Data 
653 |a Quality of service 
653 |a Privacy 
653 |a Insurance 
653 |a Implementation 
653 |a Portfolios 
653 |a Customer service 
773 0 |t Humanities & Social Sciences Communications  |g vol. 12, no. 1 (Dec 2025), p. 388 
786 0 |d ProQuest  |t Social Science Database 
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