Big Data and Banking: How Our Data Protects Us

darko Business Leave a Comment

Some of the main tasks for the bankers are, among others, keeping, preserving, deriving more from less, taking the best out of what the clients deposit to them, with great confidence and trust. Almost the same definition could be applied to the Data Scientists dealing with the big data. They also deal with keeping, preserving, deriving more conclusions from a little information, getting the best out of the existing databases which they handle with great care and confidentiality. It is maybe because of this similarity in definitions, or maybe because of the fact that the databases in the banks are …