How do banks use data mining?

#Mining Engineering

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How do banks use data mining?

lekhraj.kushwaha 26th May, 2022

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lekhraj.kushwaha 26th May, 2022

Banks utilise the classification method in data mining. It aids with a lot of data churning. It is also used for things such as calculating bank customer churns, detecting frauds, anticipating bank failures, analysing loan approvals, and so on.

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