HOW ARE MILLENNIALS TRANSFORMING THE BANKING INDUSTRY

Infographic | December 1, 2021

But what is Big Data? In a nutshell, it is the ability to retain, process, and understand data like never before (Zikopoulos, 2015). Big Data is when you have challenges that cannot be handled by traditional database systems. Challenges in the context of Volume, Variety, Velocity, Veracity. These can be found in Financial Services. In fact, technology is so integral to banking that financial institutions are now almost indistinguishable from IT companies. This article looks at the Financial Services industry to examine Big Data and the technologies employed. It further covers ROI, Big Data analytics, regulation, governance, security, and storage as well as obstacles and challenges that have made the industry what it is today.

Infographic | March 22, 2022

The most common reasons for outsourcing financial services are: Reduce Costs, Focus on Core Business, Enhance Service Quality, Access to Financial Skills and Infrastructure, Critical to Business Needs, Drive Transformational Change, and Manage Business Environment.

Infographic | December 24, 2019

Tech firms have enjoyed a deluge of funding in the last few years. As discussed in our State of Venture Capital report, 2018, in particular, was a bumper year, with a total of $254 billion invested globally into ~18,000 startups through venture capital funds—a sharp increase of 46% from 2017’s total. Figures for 2019 are not yet completely finalized, but initial reports point to a slowdown in funding levels in the first half of the year and a mild rebound in Q3.

Infographic | January 23, 2020

Have you heard about BUDGET YOUR MONEY? Most of us heard about this for thousand times. If your organization or your family wants financial security, a budget is the only answer. Let’s know What is Budget? The budget is the estimate of income or expenditure for a period of time. In simple words, a budget is a financial plan based on finance and expenses. The budget involves revenues, resources, quantities, expenses, assets, etc. Some people opt to write the budget by hand, while others use a spreadsheet or budgeting apps.

Infographic | January 23, 2020

Do you know where your money is going each month? Do you know where it went yesterday? It is really important to keep track of your expenses. It is useful to make a budget for your future planning. Tracking your spending helps you to identify the expenses and you can control it. If you know the reason for expanding your money, where you spend you can utilize your money in a good way.

Infographic | January 29, 2020

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