Dataversity
APRIL 3, 2023
In July 2021, one of the world’s leading banks revealed a loss of $5.5 The bank identified the “failure of management and controls” in its investment banking arm as the fundamental cause of this loss. billion due to a default by one of its customers.
The Data Administration Newsletter
APRIL 18, 2023
Banks – and their data volumes – are at the epicenter of the world’s digital transformation. The pace of change mirrors the velocity, volume, and variety of data within the industry. It is where new products, new markets, and new touchpoints mean new – often cloud-based – ways to do business in financial services.
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Astera
NOVEMBER 1, 2023
Introduction As financial institutions navigate intricate market dynamics and heighten regulatory requirements, the need for reliable and accurate data has never been more pronounced. This has spotlighted data governance—a discipline that shapes how data is managed, protected, and utilized within these institutions.
Astera
JULY 11, 2023
One such innovation that has caught the attention of government bodies worldwide is automated bank statement data extraction. By harnessing the power of automated bank statement data extraction, governments are revolutionizing their operations and achieving substantial cost savings.
Dataversity
MARCH 30, 2022
In addition to tech millionaires secreting their wealth in cryptocurrencies and digital banks, increased incidences of identity theft and refund fraud […]. The post The IRS Embraces Big Data to Fight Tax Fraud appeared first on DATAVERSITY. This is due mainly to the rise of non-fungible tokens (NFTs) and the crypto bubble.
Astera
JANUARY 29, 2024
Their perspectives offer valuable guidance for enterprises striving to safeguard their data in 2024 and beyond. These insights touch upon: The growing importance of protecting data. The role of data governance. Resolving data security issues. The impact of industry regulations. Emergence of new technologies.
Analysts Corner
DECEMBER 21, 2022
According to Healthcare Big Data Analytics Market Report 2022 , by 2027, big data in healthcare is predicted to reach $71.6 By 2025 , the market of big data analytics in banking is predicted to grow to $62.10 By 2027 , the use of big data application database solutions and analytics is estimated to reach $12 billion.
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