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Recognizing the Importance of Data Integrity in Finance
Imagine if everyone online suddenly started complaining on social media that their bank savings accounts had unauthorized deductions. This is exactly what happened when thousands of customers of one of the major banks in Southeast Asia discovered that their account balances ended up negative due to duplicate transactions! This led to customers feeling anxious while reports of this data integrity issue went viral online. How would you feel if your hard-earned money suddenly disappeared overnight due to a data integrity issue?
Maintaining the integrity, accuracy, and reliability of financial data is key to the success of any organization. Data integrity plays a crucial role in finance, ...
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