Growing competitive pressures from non-banking financial service providers are driving financial organizations to transform themselves to gain a competitive edge digitally. To become truly data-driven and transform digitally, banking firms must address the data issues...
big data in finance
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Big Data in Banking: Transforming Business Operations Significantly
Companies in the banking sector are working hard today to adopt a data-driven approach to enhance their customer service and expand business operations. But the main challenge lies in the fact that banking companies are disrupted by the immense volume of data assets...
3 Key Advantages of Big Data in the Finance Sector
Today, big data is one of the biggest contributors to growth and advancements across all industries. The importance of big data for decision-makers and businesses has more to do with the data quality and its analysis rather than the raw amount of data. Good data can...
Gear Up for The Top 5 Banking Industry Trends That are Going to Dominate 2019
2018 has been an eventful year for the banking sector with a booming inclination of customers towards online banking, and new technologies like bitcoin and blockchain marking their territory in retail banking. Companies in the banking sector are continuously...