7
Banking industry applications and usage
Abstract
Financial service is a complex industry with regulatory and compliance requirements which are tough to manage and maintain. The amount of traceability and scrutiny that is imposed on this data makes it an excellent use-case for big data applications. How do we thrive in the new age of digital data journey with an augmentation and inclusion of the platform and what benefits can this deliver is the focus of this chapter.
Keywords
Banking industry; Big data; Client chatbots; Customer lifetime value; Digital transformation; Fraud and compliance tracking
Digital transformation has changed banking largely across the world. We are seeing the disappearance of the ATM, the emergence of open ledger distributed ...
Get Building Big Data Applications now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
