Banking · Technology in Banking
Consider the following statements regarding the use of AI and Data Science in banking: 1. AI helps in detecting illegal insider trading through anomaly detection techniques. 2. Banks use AI-based customer analytics to understand behavioral trends and create better marketing strategies. 3. AI has advanced capabilities to handle unstructured data, which makes it highly effective against cybercrimes. Which of the above statements are correct?
- 1All 1, 2, and 3
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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