Addressing the data processing evolution in banking and within the financial sector
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Vladimir Fedak Initially posted on company’s blog — https://itsvit.com/blog/big-data-analytics-banking-sector/ Big Data Analytics can become the main driver of innovation in the banking industry — and it is actually becoming one. We list several areas where Big Data can help the banks perform better. Investments in Big Data analytics in banking sector totalled $20.8 billion in 2016, according to…
High-level representatives of companies such as the Financial Intelligence Centre, FrameAML, ABSA Bank, Werksmans Attorneys, Fiserv, PwC, SAS, Deloitte Botswana, Financial Intelligence Unit, Zimbabwe and AVeS Cyber Security, will address delegates at the fourth Annual Anti-Money Laundering & Financial Crime 2018 Southern Africa Conference. Taking place on 30 & 31 October at the…
Source: Which – 50 Brands do not (and should not) improve customer experience (CX) simply because it feels right to have happier customers. The reason to invest in CX is to deliver more loyal customers—customers who spend more, churn less, are less costly to serve, inclined to recommend or refer others, and more likely to…
The evolution of data analytics in banking and the financial sector is happening right now! Where data and analytics are considered, the question on everyone’s mind will always be “Where to from here?” These questions arise from a lack of data control and visibility, as well as ever-evolving challenges in the data management space. To…
Source: FANews Euler Hermes publishes second edition of the Euler Hermes Collection Complexity analysis, which looks into debt collection procedures in 50 countries • South Africa is ranked the eighth most complex for debt collection behind Saudi Arabia, United Arab Emirates, Malaysia, China, Russia, Mexico and Indonesia • Sweden, Germany and the Netherlands are amongst…
Regulatory technology investment is set to explode over the next few years, with spending forecast to jump six-fold by 2023 as firms encounter a growing number of compliancy challenges. That is according to a new report from Juniper Research, which predicts that spending on RegTech platforms will increase from an estimated $18bn (£14bn) this year…
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