Comparative Analysis on Artificial Intelligence Technologies and its Application in FinTech

Universal technology has advanced with time, and as they say, “Necessity is the Mother of Invention,” this is impacting people's attitudes. As a result, people's attitudes regarding online networks have shifted from those of cable networks, which has steadily influenced the world's adoption of new technologies. Computerized Intelligence (AI). AI will enable financial businesses to totally rethink their business models, launch cutting-edge goods and services, and, most crucially, influence customer experience initiatives. In this second machine age, banks will face competition from nimble fintech startups that use cutting-edge technologies to supplement or even replace human labor with complex algorithms. Banking businesses will need to accept AI and use it into their business plan in order to keep a strong competitive advantage. As human selection is expensive, AI and ML are replacing human analysts in corporate tasks. Since AI is built on ML, it learns over time and provides the utmost accuracy in calculations and data analysis. AI also has the ability to introduce process automation to many industries as needed, as well as smart analytics and clear thought. AI-powered Chat-Bots have established themselves as a viable customer service tool, and because they save businesses time and money, they appear to be an uncomposable resource. The investments are a major part of the finance sector and taking in account of the investments prediction by the artificial intelligence algorithms and a comparison between them is the main motive behind this paper.