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Big Data Adoption Process

BDA

Big Data, the current buzz word in the IT and financial space has caught the imagination of a lot of organizations. Studies released in the past year or so have clearly shown that Big Data investments are rising across industries and around the globe[1]. It represents a business adoption paradox: it promises speed, but successful…

How Big Data Addresses the Issue of Anti-Money Laundering

AML

Anti-Money laundering (AML) is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent, detect, and report money laundering activities. Money laundering activities typically aim to generate income with no regulation to maximize income for as little cash outflow as possible, with no…

Automation in Banking

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Banking and Automation- the two terms are synonymous to each other in the same way bread is to butter – always clubbed together. We live in a digital age and hence, no institution of the global economy can be immune from automation and the advent of digital means of operations. In fact, banks and financial…