GridGain Systems, provider of enterprise-grade in-memory computing platform solutions based on Apache® Ignite™, announced the availability of the GridGain Professional Edition 1.7, a fully supported version of Apache Ignite 1.7.
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.
The goal for this insideBIGDATA technology guide, sponsored by Dell Technologies, is to provide direction for enterprise thought leaders on ways of leveraging big `data technologies in support of analytics proficiencies designed to work more independently and effectively across a few distinct areas in today’s financial service institutions (FSI) climate: (i) Retail Banking; (ii) Regulatory and Compliance, (iii) Algorithmic Trading; and (iv) Security Considerations.
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