Key Takeaways:
- Data is essential for informing banking firms’ future growth
- Insights can uncover customer trends, compliance risks and more
- Understanding how to improve can drive competitive advantage
- Innovation and analytics must be balanced with robust security
Growth Opportunities Using Data: How Banks Can Tap Into Payments Data
Data is becoming the lifeblood of businesses all over the world, but the banking and finance sector is one where it can make a particularly big difference. It can unearth new levels of insights into customer behavior and preferences across billions of transactions and functions, enabling better decision-making around more intuitive, user-friendly and personalized solutions that drive competitive advantage.
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