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Book of the Month: Data Models for Banking, Finance, and Insurance

Dataversity

This time, well be going over Data Models for Banking, Finance, and Insurance by Claire L. This book arms the reader with a set of best practices and data models to help implement solutions in the banking, finance, and insurance industries. Welcome to the first Book of the Month for 2025.This

Banking 130
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Bank Statement Extraction: Software, Benefits, and Use Cases

Astera

Bank statements contain useful financial information that can be turned into important insights. With the era of manual bank statement extraction firmly in the past, intelligent document processing (IDP) and artificial intelligence (AI) offer a better way of processing bank statements and obtaining the valuable data they contain.

Banking 52
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The Future of Digital Currencies and Data Management

Dataversity

The post The Future of Digital Currencies and Data Management appeared first on DATAVERSITY.

Digital 246
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7 Key Industries Being Transformed by Data Savvy Virtual Agents

Smart Data Collective

Banking has been gradually going digital for years now, but that shift was accelerated last year. Without being able to physically enter branches, more people were reaching out to their banks via phone or online. To ramp up this increased need for virtual customer support, many banks have turned to using virtual assistants.

Banking 290
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The Complex Reality of Personal Data In The Credit Card Industry

Smart Data Collective

To start with, retailers who want to perform an online transaction with you may ask if you’d like to have your card data stored online. From there, banks and retailers have options. The most common and widespread solution for data storage of any kind is the cloud, and the finance industry is no stranger to it.

Retail 286
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Cyber Fraud Statistics & Preventions to Prevent Data Breaches in 2021

Smart Data Collective

Threats like identity fraud, credit card fraud, online banking fraud, and online shopping fraud are the most widely known due to their occurrence frequency. Online banking fraud can be a type of identity fraud. In this case, the fraud is taking place through an online banking system. Cyber fraud is not just one or two types.

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Strategies to Make Better Profits for CPAs During Tax Season

Smart Data Collective

Working on your client’s bank statement at the end of the year makes the job even more complicated. You can always request that your clients share their bank statements with you on a monthly basis. You can always request that your clients share their bank statements with you on a monthly basis.