Smart Data Collective
SEPTEMBER 29, 2022
OCR is a well-known technology developed for text recognition in any medium: photographic, handwritten, or digitized. Optical character recognition is able to convert any text present on a medium into computer-readable textual data. Extraction of credit cards data. This article reveals all! How does OCR work?
Astera
FEBRUARY 9, 2024
End-to-End Credit Risk Assessment Process The credit risk assessment is a lengthy process where banks receives hundreds of loan applications daily from various channels, such as online forms, email, phone, and walk-in customers. The data is stored in different locations, such as local files, cloud storage, databases, etc.
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GAVS Technology
APRIL 9, 2024
Powered by tens of thousands of employees, the customer’s businesses have a nationwide reach with well over a thousand branches, lakhs of agents/channel partners, and several bank partners The customer – a leading NBFC, administers a variety of financial services and functions across multiple applications, serving a diverse user base.
Analysts Corner
OCTOBER 31, 2023
Banking sector : integrating credit information, accounts, and financial transactions. Commercial : Customer Relationship Management (CRM) systems that integrate customer data and preferences to identify greater business opportunities in personalized campaigns and actions. Some kind of digital surveillance.
Astera
DECEMBER 18, 2023
From managing customer transactions and financial records to dealing with regulatory requirements and risk management, data plays a crucial role in every aspect of banking operations. This data is categorized as big data, a term denoting “large, diverse sets of information that grow at ever-increasing rates.”
Astera
DECEMBER 18, 2023
From managing customer transactions and financial records to dealing with regulatory requirements and risk management, data plays a crucial role in every aspect of banking operations. This data is categorized as big data, a term denoting “large, diverse sets of information that grow at ever-increasing rates.”
Astera
FEBRUARY 9, 2024
The data is stored in different locations, such as local files, cloud storage, databases, etc. The data is updated at different frequencies, such as daily, weekly, monthly, etc. The data quality is inconsistent, such as missing values, errors, duplicates, etc.
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