Impact of Hadoop and Big Data Analytics on Banking and Security
Apache Hadoop and Big Data Analytics are being integrated by the Banking and Securities industry (along with a host of other financial organizations) for analyzing strategies linked with their points of sale, transactions, authorizations, and other processes. These and other relevant data points are helping banks identify, take up, and mitigate fraud. For instance, data collated with the help of Hadoop alerts banking authorities when a debit / credit card is stolen, lost, or used with unusual...