Banks: Too Slow to Leverage Their Data in Better Ways

Data has become the currency of the digital age, providing insights into markets, customers and businesses that were previously unavailable. Technology Magazine takes a look at ways in which data is set to transform the finance industry.

“Banks have extremely precise data on the cash flows through the banks. They have the transaction data but most of the rich data is about understanding the data behind the flow”. By understanding what is driving those transactions banks will improve their customer service.

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