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5 Ways Your Retail Banks Can Use Data to Better Serve Digital Natives

Smart Data Collective

One of the sectors most impacted by big data has been banking. Big data is even more important to the banking sector as more of their services become digitalized. The market for analytics technology in the banking sector is projected to be worth over $5.4 billion by 2026.

Banking 312
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Investing in Data Solutions To Streamline Your Retail Business

Smart Data Collective

New advances in data analytics and data mining tools have been incredibly important in many organizations. We have talked extensively about the benefits of using data technology in the context of marketing and finance. However, big data can also be invaluable when it comes to operations management as well.

Retail 334
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How Big Data and AI are Revolutionizing Payments

Smart Data Collective

In this post, we’ll explore how organizations can leverage big data and AI instruments to improve their ROI. How Big Data is changing the finance and retail scene. Typically, finance and retail sectors face challenges in optimizing their ROI. Data analytics simplifies and personalizes payment methods.

Big Data 348
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Data Analytics Improves Credit Risk Reduction Via Diversification

Smart Data Collective

Data analytics technology has significantly improved the state of finance. The financial analytics market size was worth $7.99 We have talked about some of the many ways that data analytics technology is changing the state of finance. Big data technology is making these processes easier than ever.

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Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

How Big Data Helps Fintech Companies And Startups To Better Serve And Protect Their Customers. Fintech analytics helps businesses in the financial and banking industry offer satisfactory services by: Enhancing View Of Customer Profiling. Big Data provides data that fintech companies can leverage to build customer profiles.

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How To Enhance Your Analytics with Insightful ML Approaches

Smart Data Collective

Did you know that 53% of companies use data analytics technology ? Machine Learning Helps Companies Get More Value Out of Analytics. There are a lot of benefits of using analytics to help run a business. You will get even more value out of analytics if you leverage machine learning at the same time.

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8 Steps to Leveraging Analytics to Create Successful Ecommerce Stores

Smart Data Collective

They are able to utilize Hadoop-based data mining tools to improve their market research capabilities and develop better products. Companies that use big data analytics can increase their profitability by 8% on average. Many people don’t know the difference in banking services offered by different types of banks.