As the world of fintech grows rapidly, the amount of data that has been generated on a daily basis is also increasing exponentially. Data has emerged as one of the prestigious possessions for both businesses and consumers. According to multiple reports, this data is estimated to be 2.5 quintillion bytes, extracted from various sources such as financial transactions, market data, and customer information. And this is only increasing with every passing second. It is no surprise to anyone that traditional data processing methods are not fully equipped to handle such a massive dataset, often leading to inaccurate or incomplete insights and misleading conclusions.
With the increasing volume of data generated through financial transactions, it is crucial for financial institutions to extract meaningful insights from it to drive decision-making, bolster innovation and gain a competitive edge. This is where data science comes into the picture, playing a vital role in transforming and harnessing raw unstructured data into meaningful insights so that fintech companies can benefit from it. With the potential to generate up to $1 trillion annual value as per a report by McKinsey & Company, data science has been a game-changer for the fintech industry. It has completely revolutionised the way financial data has been analysed, resulting in predicting market trends, mitigating risk and preventing fraudulent activities, and providing innovative products and services to consumers.
هذه القصة مأخوذة من طبعة September 2023 من Food & Health.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 2023 من Food & Health.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
INDIA'S FESTIVE GOLD BUYING SPREE CONTINUES, DEFYING RECORD PRICE
Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals, hoping bullion would continue to rally and deliver promising returns amid a cooling stock market, industry officials told Reuters.
CAKE MIXING CEREMONY @ THE WESTIN CHENNAI VELACHERY
The Westin Chennai Velachery begins its celebration this festive season with its annual Cake-Mixing Ceremony, welcoming enthusiastic home chefs in the city, and children from Rising Stars (outreach of India) to an exciting evening of flavor, fun, and festivity.
PUMA LAUNCHES NEW GLOBAL BASKETBALL CAMPAIGN
Puma has launched its first worldwide brand campaign in 10 years, highlighting the sportswear giant’s basketball division.
YOGA FOR TEENAGERS A Path to Balance & Well-being
In a world where teens face an evergrowing list of pressure from academic achievements to social expectations, the search of balance becomes crucial.
DIABETES-AN ENEMY WITHIN AND HOW TO MANAGE IT WISELY
Diabetes is a medical condition that occurs when the level of glucose (sugar) in the blood is too high. This can happen for two reasons; either the body is unable to produce insulin, the hormone which regulates blood sugar levels, or the insulin produced isn't working properly. On this page, we'll explore both type 1 and type 2 diabetes in more detail, look at the treatment options available, including the role diet and lifestyle have in managing the condition, and how a nutrition professional can support you.
SAMITIVEJ HOSPITALS
Samitivej Hospitals, part of Bangkok Dusit Medical Services (BDMS), are a leading group of private hospitals serving both Thailand and the ASEAN region. Samitivej’s first hospital was founded in June 1979.
SPICES DO MORE THAN JUST ADDING FLAVOUR TO OUR FOODS
A spice is any dried plant bark, leaf, root, seed, or bud used to enhance the taste of food.
TANISHQ & DE BEERS
FORM STRATEGIC PARTNERSHIP TO PROMOTE NATURAL DIAMONDS IN INDIA
DABUR TO ACQUIRE AYURVEDIC PERSONAL CARE BRAND SESA CARE
Fast moving consumer goods and personal care business Dabur has initiated its acquisition of Ayurvedic haircare brand Sesa Care to enable Dabur to expand into the midpriced hair oil market.
DOES COFFEE SUPPORTS WEIGHT LOSS?
Losing weight can be difficult, and many individuals try a variety of methods.