Technique for enhancing fraud detection in banking with facial biometric feature storage

In this paper a new approach is presented for improved storage of facial biometrics in banking that is aimed at enhancing fraud detection capabilities. Fraudulent activity in the banking sector is becoming more and more overwhelming. Building of resilience strategy is recommended as well as microservice architecture for the biometric system. Efficient storage of facial biometrics in banking storage system that involves digital watermarking of personal identification documents and blockchain. The proposed algorithm delivers enhanced capabilities for cyber resilience in fraud detection as well as image watermarking with promising results in terms of quality.