How Business Intelligence is transforming Banking?

The banking industry has been expanding in its capabilities owing to the digitization and the pace at which it is being embraced in recent years. Moreover, it is becoming competitive like never before, thereby empowering the modern banking customers. For over a decade since the economic crisis hit the world, banks have been under constant…

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Applying BI and Analytics to Fight Banking Frauds

We keep reading news and updates every few days highlighting how banking is transforming with the help of cutting-edge technology. Moreover, the new tools, software etc. utilising the large banking data can prove to be beneficial for financial institutions. How? Let us study further… Data can be used for better decision making and for preventing…

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3 Tips on Risk Management Your Bank Must Know!

It is no surprise that the economic crisis that hit the world in year 2008 was an outcome of poor Risk Management in the banking industry. The effect of this global crisis was seen in the form of downsizing in companies, increased unemployment and reduce in goods/services demands. The banks across the world were found…

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