Question

A regional bank implemented an automated solution to streamline their operations for receiving and processing checks. They would like to further enhance the solution to recognize signs of potential 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:

Feasible one

Answer 2

Answer:

Machine Learning

Explanation:

• We know that machine learning acts as an assisstance to bank operations when it comes to receiving as well as processing cheques.
• It is a branch of artificial intelligence.
• It helps the computer software applications to give an output that is accurate.
• It plays a key role in the banking sector.
• It also helps in detecting the malpractices in transactions, if any.
• It also plays an important role in the reduction of risk factors.

Hence, the technology that could be combined with the current solution to do this is machine learning.

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