Big Data Analytics In Banking

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Big Data Analytics in Banking

Big data analytics in banking refers to the use of vast amounts of structured and unstructured data to enhance decision-making, improve customer service, and optimize operations. With the rise of digital banking, financial institutions now have access to an unprecedented amount of data from customer transactions, online behavior, social media, and market trends. By analyzing this data, banks can gain valuable insights into customer preferences, risk profiles, and emerging market opportunities. This allows them to offer personalized financial products, predict customer needs, and identify potential fraud or credit risks more effectively.
Big Data in Finance: Transforming the Financial Landscape

Author: Bahaaeddin Alareeni
language: en
Publisher: Springer Nature
Release Date: 2025-07-12
This book uncovers the potential of machine learning, artificial intelligence, and advanced analytics to empower financial institutions to stay competitive in an ever-evolving market. In the age of digital transformation, big data is revolutionizing the financial industry, reshaping how businesses understand markets, manage risks, and make strategic decisions. "Big Data in Finance: Transforming the Financial Landscape" offers a comprehensive exploration of the cutting-edge technologies and analytics driving this change, making it an essential resource for professionals, scholars, business leaders, and enthusiasts alike. From enhancing operational efficiency to enabling more accurate forecasting, this book delves deep into how data-driven insights are transforming traditional financial models. With practical insights, real-world applications, and contributions from industry leaders, this book provides a balanced perspective on both the opportunities and challenges of data-driven finance. It addresses key ethical considerations, regulatory concerns, and future trends, offering readers a holistic understanding of the dynamic intersection of technology and finance. Discover how big data is shaping the future of finance, and gain the knowledge you need to harness its full potential. Whether you're looking to innovate, optimize, or simply stay informed, "Big Data in Finance: Transforming the Financial Landscape" is your roadmap to success in the new era of digital finance.