Author: Senny Luckyardi ; Muhamad Fahrezi ; Eddy Soeryanto Soegoto
Abstract
The rapid advancement of financial technology (FinTech) has brought significant innovations while raising concerns about security, transparency, and trust. This study explores how blockchain and artificial intelligence (AI) enhance trust in digital finance by strengthening security, improving fraud detection, and ensuring regulatory compliance. This study systematically reviews the integration of blockchain and AI in financial operations using a qualitative research approach. The findings indicate that blockchain enhances transaction security through decentralization and immutability, while AI significantly improves fraud detection and risk assessment through predictive analytics and machine learning. These advancements are driven by blockchain’s ability to ensure data integrity and AI’s capacity to analyse vast datasets in real time. This research highlights the potential of these technologies to boost consumer confidence, promote financial inclusion, and enhance the resilience of digital financial systems. However, regulatory complexities, high integration costs, and interoperability issues must be addressed to enable broader adoption. © School of Engineering, Taylor’s University.
Author keywords
Artificial intelligence (AI); Blockchain; Digital finance; Fraud detection; Regulatory compliance
This article can be accessed at: https://www.scopus.com/pages/publications/105001500348


