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4 of the Biggest Data Breaches in Banking

Smart Data Collective

Sadly, they often affect banks. Banking is an important sector of the world. This article discusses four of the most significant data breaches in banking…. We put a considerable amount of trust in our banks. We expect banks to fulfil their duty and provide protection. Tesco Bank. Tesco Bank was fined £16.4

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How Artificial Intelligence (AI) Is Changing Banking

Smart Data Collective

There are tons of applications for artificial intelligence available, especially when it comes to banking. The banking industry has been able to utilize a variety of AI technology to streamline processes, enhance security, and improve the customer experience. AI may also be reshaping how banking is done in the not so distant future. “In

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How Financial Institutions Are Becoming Champions Of Big Data

Smart Data Collective

The success of both Fintech companies and traditional banks will hinge on their ability to leverage big data to its fullest potential. According to Forbes, the five largest US banks have a combined loan portfolio of $3.8 Banks are driving the investment in big data more than most other companies within the financial sector.

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The Incredible Impact of Blockchain Technology on the Economy

Smart Data Collective

It provided us with the first decentralized digital payment system, independent from banks and governments. This evolution of the blockchain allowed us to create our own cryptocurrencies, jumpstarting the ICO craze of 2017, and driving the prices of cryptocurrencies through the roof.

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AI Technology Helps Facilitate Bitcoin Trading in Djibouti

Smart Data Collective

The bitFinance team is composed of experienced professionals from the banking and tech industries. In 2017, the country’s central bank issued a statement saying that it sees “great potential” in Blockchain technology. You will also be able to get your money faster since there are no bank delays.

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Here’s How Blockchain Can Change Bancassurance

Smart Data Collective

move within the insurance and banking chain through documents and forms. Currently, there is no linking system between these the two parties involved (banks and insurance companies) that allows for quick and smooth information exchange. Say, a banking agent tries to change information regarding a customer. Unlike the U.S.,

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Blockchain Offers Huge Stability to Bitcoin Autotrading Apps

Smart Data Collective

Unlike some other best bitcoin autotrading app, you can purchase coins using your debit card or bank transfer. It has fallen from its peak value of $4 in 2017 to just $0.85 eToro is an online brokerage regulated by the FCA and offers a UK bank account deposit option. Some experts predicted it would outperform bitcoin.

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