In 2017, banks and card companies successfully prevented £1.4 billion worth of unauthorised financial fraud, technological innovation in fraud prevention is beginning to realise tangible benefits for the sector. This article explores the latest industry insights into the development of big data security technologies in and how these developments can detect and remediate attacks in a complex IT environment.
Possibly as a result of increasingly competitive customer experience efforts in other markets, customers now expect a more personalised service from their banks than ever before, and one with more assurances that they are getting the best deal. The recession has not only made the customer more cautious when it comes to investment – regulators have also taken on a more involved and stringent route approach to oversight. Financial Services are therefore relying more on the benefits of Big Data to help them move forward. But is the market coping? From resourcing to security, there is more than enough to be concerned about...
Disclaimer: All views expressed in this article are those of the individuals cited and do not necessarily reflect those of Barclays, USB, or any other organisation.
At last year's conference, Payal Jain & Di Black from Barclays walked our audience through the process of using customer analytics for an array of benefits, from saving costs to doing what's right for the customer and saving time. Filled with statistics and graphs, this presentation will help you see the true value of customer data and come up with ideas for your own business.
Shlomi Cohen, Head of Analytical CRM at Bank Hapoalim, spoke at last year's Big Data for Financial Services summit about using customer analytics to improve revenue and numbers. He showed our audience the benefits and methods of automated predictive analytics, and he put everything in this comprehensive and informative presentation. Download now, and you will feel like you were there!
This report, produced by Data Analytics IQ, surveyed over 100 professionals in the financial services industry in order to gauge the latest trends and activity when it comes to implementing big data programmes – including the specific strategies and technologies under consideration.
As these results demonstrate, while most organisations are yet to start production of their big data programmes, there is keen interest from most to seize the benefits of the tools and services that are becoming increasingly available. Big data is not a shortcut to success but is, according to those involved in the business, set to be a leading enabler for improved efficiency, cost-savings and customer engagement. Download the report for exclusive insight...
Various sources of information are providing companies access to unprecedented amounts of data, whether they come from management systems, customer data, customer feedback, market data, or social media. While Big Data offers the promise of unprecedented insight into business operations and customers it also poses a number of new challenges.
This special report, featuring original research data and interviews with leading practitioners and experts in the field, looks at the ways that companies are tackling the challenges and opportunities for companies to effectively convert, use and maximize the value of data collected into real business value.
The journey towards an effective big data programme will be one of the key lines of discussion at this year's Big Data & Analytics for Financial Services conference...Download the full annual report today!