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The world of banking and financial services is abuzz with the potential of generative AI. It's a game-changer that can revolutionize customer service, boost revenue, and streamline operations. But wit...
You must hear this often if you manage any kind of risk – risk and value go together. And that’s true, of course for data! Both data and its infrastructure must be managed for their benefits and risks...
Data is increasingly valued as an asset for companies, so ensuring that data is of high quality is imperative. Progressively, in the world of IoT, we are seeing machines make decisions. These decision...
Democratizing data for customers through responsible sharing will actually democratize credit for people in the financial ecosystem. As a part of India stack, the Account Aggregator (AA) network is ba...
Most banks are experiencing an upward curve in In-directly monetizating data to increase revenue. This involves analyzing the existing data trove and revealing insights that can improve the organizati...
Clean Data is a crucial need to get an outcome from Machine Learning models. Often much time to the tune of 40% is spent on understanding and cleaning data before modeling and providing an outcome. Sc...
The pace of digitization has increased the need for embracing the cloud for nimble management of scalable operations. 68% of IT practitioners say they are using the cloud to store most of their data. ...
It's natural to take a risk-based approach to data privacy. However, I believe approaching privacy through a benefits-based approach has its own merits. Moreover, by managing customer privacy, there i...
Banks and Financial institutions are modernizing their data platforms and associated tool-sets to serve the fast needs of data practitioners, including data scientists, data analysts, business intelli...
In 2021, the focus of financial services will be inclined to enable digital customer journeys as well as to sustain and grow revenue streams. Actively governing data will make managing it more formali...
The development of Artificial Intelligence and Data Protection domains are largely dependent on the economic and societal needs. While Artificial Intelligence develops better customer services by wran...
Accuracy measures the degree to which data represents the real-world entity in this case a person, organization, or Source from where we know it has originated. Measuring data quality is possible if t...