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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 Banks turn to Data Analytics as Demand for Digital Services Grows.

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Key Factors in Choosing Data-Driven Digital Signage Solutions

Smart Data Collective

We have mentioned that it has been instrumental in virtually all digital marketing strategies in recent years, such as PPC advertising. One of the most remarkable benefits of big data technology has been with using digital signage to promote branding. Doing Research Before Investing in Data-Driven Digital Signage Solutions.

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Is Machine Learning Changing Our Approach to Asset Management?

Smart Data Collective

Machine learning (ML) is a form of AI that is becoming more widely used in the market because of the rising number of AI vendors in the banking industry. The banking and financial industries are no different. . Relying on it is becoming the norm in response to the demands of the digital age. Why Machine Learning? Conclusion.

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The Incredible Impact of Blockchain Technology on the Economy

Smart Data Collective

With that said, the impact of cryptocurrencies on the economy goes much further than just the profit opportunities they present. It provided us with the first decentralized digital payment system, independent from banks and governments. Everyone is trying to buy bitcoins by any means necessary. Cryptocurrencies as a currency.

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5 Ways AI Technology Is Changing The Future Of Human Society

Smart Data Collective

Digitization empowers people to take care of their own wellbeing. The concern that the workforce would be severely damaged sustained as a result of innovation isn’t unfamiliar, but digitization can happen much faster than ever with the introduction of new technology. Better Standards of Education.

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Data-Driven Companies Leverage OCR for Optimal Data Quality

Smart Data Collective

OCR is a well-known technology developed for text recognition in any medium: photographic, handwritten, or digitized. Optical character recognition is able to convert any text present on a medium into computer-readable textual data. To continue your document analysis, the second step extracts all the data present on the blue card.

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Mining City Uses Blockchain to Offer Reliable New Bitcoin Wallet

Smart Data Collective

Blockchain is the reason that bitcoin become a sustainable digital coin, unlike many of the other digital coins that came before it. Bitcoin wallets are essentially blockchain wallets that are capable of holding digital coins. Think of your bitcoin wallet like you do your online bank account. Safety and Security.

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