Some say that a new industry has arrived when its own fashion statement becomes accepted practice. Gee, I still have an old Apple rainbow t-shirt! As seen on the recent conference circuit, it appears that Big Data haute couture is all the rage.
In this sponsored article, Dmitry Dolgorukov, CRO and Co-Founder of HES FinTech, suggesets that to effectively combat fraud, microfinance institutions must establish robust fraud detection systems. Early detection and prevention of fraudulent activities are vital in minimizing financial impact and safeguarding the funds of vulnerable customers. Microfinance institutions face a significant menace in the form of fraudulent activities, endangering their provision of financial services to underserved communities. Fraud not only leads to substantial financial losses but also erodes trust in the system, impeding the mission of microfinance institutions to foster inclusive growth and alleviate poverty.
Our friends over at Splunk, along with researchers at the Enterprise Strategy Group, set out to measure data innovation, surveying 1,250 senior IT and business decision-makers worldwide, across industries, at larger organizations to assess their data practices, their innovation infrastructure, and their results. This report, “The State of Data Innovation 2021” summarizes the findings.
Featured RSS Feed More News from insideHPC
Speak Your Mind