since Artificial Intelligence (AI) came into existence, the worlds most fast-paced and demanding industries have embraced it being an integral part of their operations and services. Visionary entrepreneurs and executive managers have actively been exploring the new Al application in financial services to gain a competitive edge in the market. As proposed in the global survey, collaboratively conducted by the World Economic Forum and the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School, Al is evolving fast to transform a range of models in the global financial services industry today. This article talks about how Al has been beneficial for the financial services sector and the opportunities it brings for the financial services providers