If there is an industry which is going to benefit the most from Big Data Explosion it’s got to be Banking.
Banks accumulate vast amount of data for debit and credit transactions, purchase histories, Channel Usage, Products, Accounts, Customer Interaction, rate changes, loyalty behavior and more. The use of social media and mobile financial services, bank has access to more customer details than ever before.
Today banking industry is sailing in tough economic and regulatory environment resulting in decline in growth and profits and even more with customer demanding personalized banking experience has put banks in spot. With Big Data in place banks are looking business with new eyes.
The Big Data Analytics for Banking Summit will help you understand what big opportunities Big Data offers to banks. Examine the big data use, opportunities and challenges and how your organization can turn existing and new data into insights and get competitive edge in the overcrowded banking sector.