Fraud prevention is another successfully utilized area of neural network applications in business.
Another important application of neural network is in time-series forecasting. Several studies have attempted to use neural network for time-series prediction.
A new and prosperous area of application for neural network is in the field of health care and medicine.
In another recent study, Guler et al.(2009) used artificial neural networks to develop a diagnostic system to detect the severity of traumatic brain injuries.