Question

A regional bank implemented an automated solution to streamline their operations
for receiving and processing checks/cheques. They would like to further enhance
the solution to recognize signs of potential check fraud and alert their security
teams accordingly.
Which technology could be combined with the current solution to do this?​

Answer 1

Answer:

Machine Learning

Explanation:

Answer 2

Machine Learning helps  to streamline the bank operations  for receiving and processing checks/cheques.

Explanation:

• A branch of artificial intelligence that allows the computer software applications and the data to provide accurate output is called as Machine learning.
• It plays a vital role in finance industry especially in baning sector.
• Based on the algorithms, maching learning finds the legitimate and illegitimate transactions.
• It helps to find out the malpractices that occur during transactions.
• Thus it reduces the level of risks.