Domestic financial firm leverages AI to boost business

Ever wonder about the connection between girls in tight jeans and cracked phone screens?

A Chinese financial services company found, through data analysis, that young girls who like tight jeans replace their phone screens more frequently than other people. It then launched "screen insurance" targeting that demographic.

That's just one of many examples illustrating how artificial intelligence is transforming the financial industry, and Ant Financial, Alibaba Group's financial affiliate, is trying to utilize AI technologies to target individuals and small businesses.