Big Data or Big BS in Banking
Jeff For Banks
OCTOBER 28, 2012
'Banking is becoming increasingly and irreversibly data driven. The amount of information we collect on customers exceed most industries, with the possible exception of the medical industry. Much like medical, the information we collect is highly personal. Since outsiders (i.e. thieves) want our money, this data is constantly under hacker siege. But, in my experience, bankers don''t often effectively use the data they have for good.
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