Banking / Finance

Big Data is Big Business in Banking

09th Aug `13, 10:21 AM in Banking / Finance

As in any industry, also the banking industry can benefit a lot from big data and the big…

BDMS
Guest Contributor
 

As in any industry, also the banking industry can benefit a lot from big data and the big data technologies. They are collecting large amounts of data that they can use to determine customer risk profiles, detect fraudulent actions around the world and to improve customer relationship management and customer experiences. Alacer has release an infographic that shows the possibilities of big data for the banking industry:

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