Where Artificial Neural Network Is Used

Neural networks are a series of algorithms that mimic the operations of a human brain to recognize relationships between vast amounts of data. They are used in a variety of applications in financial services, from forecasting and marketing research to fraud detection and risk assessment.

What are artificial neural networks used for?

Artificial Neural Network(ANN) uses the processing of the brain as a basis to develop algorithms that can be used to model complex patterns and prediction problems.

What are the types of artificial neural network?

• Modular Neural Networks. …
• Feedforward Neural Network – Artificial Neuron. …
• Radial basis function Neural Network. …
• Kohonen Self Organizing Neural Network. …
• Recurrent Neural Network(RNN) …
• Convolutional Neural Network. …
• Long / Short Term Memory.