AI and fintech are revolutionizing global finance by enhancing efficiency, security, and customer experience. The fintech market is projected to reach $340 billion in 2024, driven by AI's role in automating processes and improving decision-making. However, challenges like AI bias, data privacy, and regulatory issues remain. The integration of AI with blockchain and IoT is set to further innovate finance, promoting inclusivity and sustainable practices. Addressing ethical and technical concerns is crucial for a balanced financial ecosystem.