In 1994 Stanford Federal Credit Union was the first US financial institution to offer internet banking to all its customers. Since then, digital banking has rapidly adopted newer technologies to automate business processes and simplify customer interaction.
Topics: big data, advanced analytics, KYC, data analytics infrastructure, digital marketing, business insights, risk manangement, regulation, machine learning, risk management, financial risk, data analytics, community banking, customer analyitcs, digital banking, AI led digital banking
In the movie “Minority Report,” set in 2054, Tom Cruise plays the captain of the “PreCrime” police force, which uses “precognitive” abilities of mutants to stop crime before it happens. Silicon Valley futurists have sometimes used this reference in the context of the art of the possible with Big Data. We have another 40 years to go to see how analytics can accurately forecast future events based on human behavior. Meanwhile, imagining the future with some level of accuracy is within our reach today.
Topics: industrial big data, PreReview, 2014, analytics, Hadoop, big data, advanced analytics, quantitative analytics, data scientist, analytics as a service, data analytics infrastructure, digital marketing, business insights, business perspective solutions, predictive analytics