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Big Data in Banking – Demystified

There is a lot of discussion about big data these days, and along with it, the 3 V’s; velocity, variety, and volume. But I get two major questions from bankers I talk to on the subject. First, what does this really mean to the day-to-day operations of banking, and second, what should I do about it? Although each question is complex and a discourse in itself, let me take a few moments to begin to answer these questions.

By: Frank Bria

Full Story: http://www.zootweb.com/blog/index.php/big-data-banking-demystified/1549/

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