Big data banking battle brewing

Banks are facing some of the biggest challenges they’ve ever seen–and this is an industry that has faced a lot over the years. Regulators and other enforcement agencies are arguably more relentless than in previous years to rid the industry of corruption and criminal behavior. But they’ve also added considerable pressure on banks to improve their technical forensic and security capabilities. Big data is the best answer to these problems but that’s not to say that it’s a quick and easy fix–nor is it to say that these are the only problems that need fixing.

By Pam Baker

Full Story: http://www.fiercebigdata.com/story/big-data-banking-battle-brewing/2014-07-30