How to solve

IS $350/650$ Bonus

Albert Lee, one of the Vice President of a Commercial Bank in the Detroit area, wants to hire you as a consultant to study the possibility of Al for his bank. To assist Jack, you will do a literature study $($do not have to be a journal$)$ to find out $3$ cases of AI applications in Banking. Answer the following questions for each case:

What AI tools $($such as Chat GPT$,$ Microsoft Copilot$)$ does the bank use?

What areas $($i$.$e$.$ mortgage loan, checking account etc.$)$ the Al application is used?

Is the application effective?

Are there any drawbacks in using Al for that application?

Is the bank an online$-$only bank or a traditional bank?

Is it a bank's headquarter in the US or another country?

Is a local bank, or a large bank with franchise?

Prepare a table to answer the above question. You have to indicate the sources of your cases in the reference of your report. You will receive a $6-$point bonus.