Organizing and Leveraging Data in Financial Services/Banking
For financial services and banking organizations, managing data is an immediate necessity and a huge challenge. Data is key in prospecting, assessing creditworthiness, and delivering personalized solutions to customers. It’s also essential to prevent fraud, which is unfortunately on the rise as unscrupulous individuals attempt to take advantage of government programs related to COVID-19.
In this article, you will learn about data challenges facing the financial services/banking industry and how to overcome them.