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?

1.Robotic Process Automation
2.Machine Learning
3.Mechanization
4.Sentiment Analysis
5.I don't know this yet.​

Answer 1

Answer:

Option 2. Machine learning is the appropriate answer.

Explanation:

Intelligent automation (IA), sometimes called cognitive automation, is the use of automated technology - artificial intelligence (AI), business process management (BPM), and robotic process automation (RPA) - to simplify and measure decisions in organizations.

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Answer 2

Machine learning is the technology that can be combined with existing technology to make the automaton detect fraud cheques.

Artificial intelligence (AI) and Machine learning (ML) models and algorithms can be constructed to study customer's account details and history of every transaction regarding it. Cheques will be inspected and an automaton can recognize signals of potential check fraud in banks.

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