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The big data boom – what it means for banking

NCR

Big data has been one of the tech industry’s most popular buzzwords for a few years now. But as the number of data sources grows and technology to process it becomes more powerful, the trend is changing from a nice-to-have addition to becoming an essential part of any company’s offering. Fighting fraud.

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Top 10 Things You Didn’t Know About Data & Analytics in the Oracle Cloud

Perficient

The world of modern data and analytics continues to evolve and is very exciting. The change really began in earnest about 10 years ago with the introduction of Hadoop and big data processing. While this explosion of data use cases started on premises, it is most certainly migrating to the Cloud as the primary platform.

Analytics 332
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The Taming Of The Slew (Of Data, That Is)

PYMNTS

Big Data can present big rewards or big headaches for retailers. A recent whitepaper by Synchrony Financial titled “Taming Big Data” found that efficient, targeted data collection can result in customized experience, which, in turn, leads to a better return on investment.

Data 100
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Deep Dive: How Data Provides Businesses With Competitive Analytics

PYMNTS

Fraud solutions are needed to help firms understand the meaning behind increasingly complex data sets. These solutions use Big Data analytics and machine learning (ML) to help businesses better detect fraud and reduce the risks of financial losses. This is a problem that can be easily remedied.

Analytics 116
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What does next generation distribution mean for banks?

NCR

By offering the type of interactions customers want, they can get ahead of their competitors, improve their customer experience and find new avenues for revenue generation. Next generation distribution strategies therefore need to move far beyond channel integration to provide customers with a complete omnichannel solution.

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Digital transformation: How a three-phase process can fund itself

Insights on Business

It entails simplification and building operational efficiency in applications, infrastructure and data to wring costs out of your current environment. A recent report on digital transformation from the Hackett Group mentions COEs as useful building blocks in an optimized operating model.

Data 119
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The Layered Approach To Consumer Authentication

PYMNTS

And they’re doing so by using authentication processing that relies on the rapidly growing available spectrum of big data: AKA the “digital fingerprint” of a consumer. Authentication depends upon access to data, usage of data and acting on that data in real time. Which comes back to how data is being managed.

Big Data 100