Fintech task force deliberates pros and cons of ‘big data’

https://bankinnovation.net/allposts/biz-lines/payments/fintech-task-force-deliberates-pros-and-cons-of-big-data/
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More than 2.5 quintillion bytes of data are created every single day. As such, lenders are collecting vast amounts of consumer information and calling it “big data,” a key product to generate insights, support decision making, and enable automation. Access to “big data” gives financial institutions more power over their consumers’ personal information and, in …Read More

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https://bankinnovation.net/allposts/biz-lines/payments/fintech-task-force-deliberates-pros-and-cons-of-big-data/