Enhancing Check Deposit Systems Using Generative AI: A Paradigm Shift in Banking Technology

Author(s)	Kumar Shanmugasamy
Country	United States
Abstract	This paper explores the integration of generative artificial intelligence (AI) in enhancing check deposit systems within the banking sector. Banks can improve accuracy, reduce fraud, and streamline customer experiences by leveraging generative AI techniques. This paper comprehensively analyzes current check deposit processes, identifies key challenges, and proposes a generative AI-driven framework that addresses these challenges
Keywords	Generative AI, Check Deposit Systems, Banking Technology, Fraud Detection, Customer Experience, Automation , Digital Payments
Field	Computer > Artificial Intelligence / Simulation / Virtual Reality
Published In	Volume 6, Issue 6, November-December 2024
Published On	2024-12-22
DOI	https://doi.org/10.36948/ijfmr.2024.v06i06.33588
Short DOI	https://doi.org/g8w2x7

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