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Big Data Explosion

Cisco

This challenge is compounded by the growing use of alternative data from sources like customer data platform (CDP) providers, fintech partnerships, and even from sensors and IoT devices. Financial services cloud adoption is accelerating, due in part to the significant computing horsepower required by big data and AI analytics.

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Fintech task force deliberates pros and cons of ‘big data’

Bank Innovation

quintillion bytes of data are created every single day. As such, lenders are collecting vast amounts of consumer information and calling it “big data,” a key product to generate insights, support decision making, and enable automation. More than 2.5

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What Are the Big Data Initiatives at Major Companies?

Bank Innovation

Financial institutions and other large corporation are using Big Data for a range of successful projects and initiatives, according to a recent survey. Almost 81% of executives, surveyed by consulting firm NewVantage, characterized their big data investments as “successful.”

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Bank Innovation Launches Public Telegram Channel

Bank Innovation

EXCLUSIVE – Interested in the latest trends in payments, digital banking, blockchain technology, API, security, big data and all the other hot topics in the fintech space? Come join Bank Innovation’s Telegram Group.

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Financial Services will Invest $9 Billion in Big Data This Year

Bank Innovation

Data is created at every financial transaction, and as datasets expand beyond what a single database can hold, big data is born. As complex as these datasets can be, they hold valuable information for financial institutions and are spurring financial services investments.

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Using a big data approach to overcoming banking regulatory requirements

Insights on Business

IBM RegTech Innovations. Continued innovation in big data technology makes it possible to extend it into new sectors, such as risk management. The result is the ability to compute risk analytics on larger volumes of more complex data in a much shorter timeframe. The benefits of innovation.

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Big Data and Analytics: Keys to Bank Innovation in Distribution and Marketing

Accenture

Banks are relying more and more upon Big Data and analytics to transform their distribution and marketing strategies. In our research into how high-performing companies (those that deliver above-average business performance on a consistent basis) approach analytics, we found that. Read more.

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