Data science is a major area of investment for banks. It has proven impact on cybersecurity and fraud protection, risk mitigation, customer relationship management and more. When fully operationalized for production, data science enables banks to make data-driven decisions with unprecedented levels of speed, transparency and accountability. Its accelerating digital transformation initiatives while delivering better financial products and services that meet customers’ needs.
Time-to-market delivery for data science impact is crucial to success. It is especially crucial for traditional retail banks with physical locations and high overhead that must find innovative ways to compete with their online competitors.
Read the full article “Better Data, Better Banking: How New Technologies are Helping Banks Solve the Big Data Challenge” in the Bank News featuring Ryohei Fujimaki, dotData CEO and founder.
