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How To Evaluate An Ai Tool

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The 7-criteria framework

“What questions should I ask before buying an AI tool?” is the right question. The wrong question is “is X better than Y?” — that depends on your data, your stack, your team, and what you’ll use it for. This guide is the structured evaluation framework: 7 weighted criteria, red-flag signals, and the legal / ethical questions that should be on every buyer’s checklist.

Questions to ask before buying

Score any AI tool 1–5 across these seven, weighted by importance:

How to compare fintech and vertical AI tools

Domain-specific AI tools (fintech, healthcare AI, legal AI) have additional considerations:

Legal risks to know about using AI in business

For currency / international payment tools specifically: ask about exchange rate transparency, hidden FX margins, and whether they support all the currencies you actually need (not just the marketing top-10).

Ethical issues before deploying AI

The five areas to clear with legal before deploying AI in customer-facing contexts: