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The Rise of Generative AI in Finance: A Survey of Techniques and Studies

delete2026-06-18
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PRE
AI
S
Shanshan Feng *
Y
Yi Long Tan
J
Jordan Soh Jing Ren
E
Elijah Xuan Ye Yeo
R
Rayner Ong
M
Miao Xie
J
Jun Wang
DOI:10.1007/s12293-026-00513-6delete
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Abstract

Abstract

En 中文
The rapid advancement of generative AI (GenAI) has introduced transformative methodologies to the financial sector, enabling the creation of novel data and solutions to longstanding challenges such as data scarcity, privacy, and domain adaptation. Despite the proliferation of GenAI research in finance, there is a lack of comprehensive surveys that systematically review the core generative techniques and the unique research problems posed by different financial data modalities. This paper addresses this gap by providing an in-depth overview of foundational GenAI methodologies, including Variational Autoencoders (VAEs), Generative Adversarial Networks (GANs), Normalizing Flow, Diffusion Models, and Large Language Models (LLMs), as well as their adaptations for financial tasks. We categorize and analyze research challenges according to data modalities: textual, time series, tabular, and graph data. For each modality, we introduce representative tasks such as classification, forecasting, question answering, and synthetic data generation, and further discuss current limitations and future research directions. This survey aims to serve as a technical reference for researchers and practitioners seeking to understand and advance GenAI techniques in the financial domain.
Keywords:
Generative AI
Financial Studies
Large Language Models
Data Modality

Journal

Memetic Computing cover
Memetic Computing
IF:
2.3
Papers:
447
Citations:
718

Organization

S
southwestern university of finance and economics
Scholars:
519
Papers: 312
Citations: 0
N
Nanyang Technological University
Scholars:
4.8W
Papers: 4.7W
Citations: 8.1W
C
china agricultural university
Scholars:
4.9W
Papers: 2.9W
Citations: 43
N
National University of Singapore
Scholars:
7.4W
Papers: 6.4W
Citations: 11.4W
W
wuhan university
Scholars:
7.8W
Papers: 5.7W
Citations: 70
Cited Papers

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