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Banking
Hackathon Shows Banking Innovation Potential of Cloud-Deployed Analytics

Hackathon Shows Banking Innovation Potential of Cloud-Deployed Analytics

Business + ManagementFinancial ServicesAzureBankingSASSAS Blogposted by ODSC Community December 14, 2021

The way the pandemic accelerated digital transformation has opened many doors for data science. It forced many normal functions and operations into virtual models that generate streams of data. And since data and AI became synonymous with innovation long before COVID-19, the pandemic effectively accelerated innovation... Read more
How Big Data Analytics are Used in the Banking Industry

How Big Data Analytics are Used in the Banking Industry

Business + ManagementBankingdata analyticsposted by Shannon Flynn December 28, 2020

Banking institutions need to use big data to remodel customer segmentation into a solution that works better for the industry and its customers. Basic customer segmentation generalizes customer wants and needs without addressing any of their pain points. Big data allows the banking industry to create... Read more
Transaction Data Enrichment, an Opportunity for Financial Wellness

Transaction Data Enrichment, an Opportunity for Financial Wellness

Blogs from ODSC SpeakersBusiness + ManagementConferencesFinancial ServicesBankingconsumer datatransaction data enrichmentposted by Pramod Singh September 10, 2019

Editor’s Note: See Pramod’s talk “Transaction Data Enrichment and Alternative Data: An Opportunity for Business Growth and Risk Mitigation” at ODSC West 2019.  In a recent financial wellness survey of American adults, 58% of respondents said they did not have the financial freedom to enjoy life.... Read more
Going to the Bank: Using Deep Learning For Banking and the Financial Industry

Going to the Bank: Using Deep Learning For Banking and the Financial Industry

Deep LearningBankingConferencesDeep LearningODSC Londonposted by Spencer Norris, ODSC January 3, 2019

At ODSC London 2018, Pavel Shkadzko explained to the audience how Gini GmbH, where he works as a semantics engineer, uses deep learning to automate information extraction from financial documents, such as invoices. By applying deep learning to tasks historically handled by optical character recognition and... Read more
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