Tag - Big Data in Banking Systems

Big Data Analytics in Banking Systems

Typically Banking systems are responsible to validate and verify financial transaction data, geo-location data from mobile devices, merchant data, and authorization including submission data. Data from lots of social media channels and Banking’s mainframe data center have a significant challenge to process and deliver final output. The Issue: Legacy systems are incapable of processing the data in when is in motion. Combining all different format of data is together is another challenge like structured, semi- structured and un-structured. Big data Approach:- Big data analytics...

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