USE OF ARTIFICIAL INTELLIGENCE IN THE FINANCIAL FIELD

Abstract. The development of innovative approaches in computer technology has affected many areas as well as the business function. Finance, in particular, stands out as the business function most affected by this change. While artificial intelligence is evaluated within the scope of technological development on the one hand, its domain completely affects our socio-economic life on the other. Due to the rapid spread of artificial intelligence and the diversification of its areas of use, it has become imperative for economic activity to keep up with this change. In recent years, the applications of artificial intelligence, especially in the field of finance, have been rapidly increasing. The areas of use of artificial intelligence can be defined around the aims of encouraging the effective and efficient use of resources while meeting the needs of the age, minimizing or eliminating suspicious transactions, offering new products for user service and satisfaction, and increasing the functional quality of all other tools used in the finance sector. At the same time, research on the historical predictions of artificial intelligence also explains what kind of innovations artificial intelligence will bring to the field of finance.