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4 of the Biggest Data Breaches in Banking

Smart Data Collective

People use finances daily, but it doesn’t mean they are completely protected from data breaches. 2016 DOS attack on Lloyds, Royal Bank of Scotland and Halifax. In November 2016, 9,000 Tesco Bank users suffered a financial loss that occurred over a period of 48 hours. Big data is causing a number of data breaches. Tesco Bank.

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4 Great Programs Businesses Can Use to Get Accurate Data Results

Smart Data Collective

In 2016 experts projected that the “ big data ” industry would be worth somewhere around $30 billion by 2022. Due to its top-rated security, finance and health-related business may want to take a close look at this data analytics tool. Customer service is also in real-time.

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Big Data Leads to the Possibility of a Cashless Society

Smart Data Collective

In 2016, just 7% of payments were made by a debit or credit card. Big data has brought many changes to the future of finance. The proportion of payments being made by contactless “tap and go” technology has rocketed in the UK during the last few years. Big data technology has made it possible for companies to offer these services.

Big Data 283
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Big Data Offers New Solutions for Disaster Mitigation Planning

Smart Data Collective

Marketing and finance are two of the functions that are most dependent on big data. In 2016, cyber-attacks cost the United States economy between $57 billion and $109 billion. Organizations are using big data to solve many of their most pressing challenges. Disaster planning is one of the areas that can benefit from big data solutions.

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How Financial Institutions Are Becoming Champions Of Big Data

Smart Data Collective

According to Financial Regulation News, banks lost $2.2bn to fraud throughout 2016, as revealed by the most recently collated statistics. Fraud remains a major risk for banks, and is only set to increase as people become more open with their data.

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ElegantJ BI Listed as a Representative Vendor in the Recent Gartner Market Guide for Enterprise-Reporting-Based Platforms

ElegantJ BI

ElegantJ BI, a leader in Business Intelligence and Corporate Performance Management solutions, is pleased to announce that its suite of Business Intelligence and performance management tools was listed as a representative vendor in the Gartner ‘Market Guide for Enterprise-Reporting-Based Platforms,’ published in February 2016.

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ElegantJ BI is Silver Sponsor at Gartner Business Intelligence, Analytics & Information Management Summit: Mumbai India June 7-8

ElegantJ BI

ElegantJ BI is pleased to be a Silver Sponsor at the Gartner Business Intelligence, Analytics and Information Management Summit, which will be held on June 7-8, 2016 in Mumbai, India. The theme of the conference is Information & Analytics Leadership: Empowering People with Trusted Data.