Artificial Intelligence (AI) has become a fundamental pillar in the development of the banking and financial sector, as it provides intelligent solutions that enhance operational efficiency, security, and customer services. Financial institutions rely on AI technologies to analyze big data and make accurate and fast financial decisions. AI plays a crucial role in fraud detection and combating financial crimes by analyzing transaction patterns and identifying suspicious activities in real time. This significantly reduces financial losses and protects customers’ accounts. Moreover, AI is widely used in credit risk management by evaluating customers’ creditworthiness through the analysis of their financial history and spending behavior. This enables banks to make more accurate and fair lending decisions while reducing default risks. In customer service, AI-powered virtual assistants and chatbots provide 24/7 support, respond to banking inquiries, and perform basic transactions, thereby enhancing customer experience and reducing staff workload. Additionally, AI supports financial analysis and market forecasting by helping investors and institutions understand economic trends, predict market fluctuations, and make informed investment decisions. It also contributes to automating banking operations and reducing operational costs. Despite its many advantages, the implementation of AI in the financial sector faces challenges related to data security, transparency, and regulatory compliance. Nevertheless, the future points toward increased reliance on AI to promote financial stability and drive innovation in banking services