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?
Answers
Answer:
Machine Learning.
Explanation:
Machine Learning.
Answer:
Machine learning is a subfield of artificial intelligence that enables data and software applications to produce correct results.
Explanation:
Banks have started automating processes to safeguard their banks against fraud because there is a lot of suffering in the banking industry every day. In which case following such procedures to get checks and conduct various types of activities in a methodical manner became absolutely important. Banks have started using digital emphasis has been laid on the system, so that a person can do the work of his bank from home, which can reduce fraud. Banks have formed various teams and use various alert facilities to prevent check fraud and the process of being vigilant against frauds from their banks.
Machine learning technology could be combined with the current solution to do this.
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