Lists

Finance Experts Share 6 Ways Big Data is Transforming The Industry

We’re creating a lot of data these days. We pay off credit card bills with a click of the mouse. We send money by bumping phones. There are apps that make it easy for the average consumer to invest in stocks, startups, and more.

All of these devices and solutions create large data sets otherwise known as big data. Each individual interaction rolls up to tell a larger story about how money is spent, lent, and invested. Big data opens up a wealth of opportunities for the finance industry to make more informed decisions and build more efficient products.

Source: business2community.com
Author: Denise Chan

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s