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Hadoop counters Credit Card Fraud..(2/3)

by Vamsi Chemitiganti October 28, 2015

This article is the second installment in a three part series that covers one of the most critical issues facing the financial industry – Payment Card Fraud. While the first (and previous) post discussed …

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October 28, 2015 2 comments
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Big DataFinTechFraud

Big Data Counters Payment Card Fraud (1/3)…

by Vamsi Chemitiganti October 20, 2015

This article is the first installment in a three part series that covers one of the most critical issues facing the financial industry – Payment Card Fraud. Payment Cards include Credit, ATM & Debit …

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October 20, 2015 0 comments
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Big DataFinTechRisk

Big Data – Banking’s New Weapon In War Against Financial Crime..(2/2)

by Vamsi Chemitiganti October 13, 2015

According to the US treasury – “Money laundering is the process of making illegally-gained proceeds (i.e. “dirty money”) appear legal (i.e. “clean”). Typically, it involves three steps: placement, layering and …

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October 13, 2015 1 comment
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Big DataFinTechRisk

Big Data – Banking’s New Weapon In War Against Financial Crime..(1/2)

by Vamsi Chemitiganti October 8, 2015

Big data technologies led by Apache Hadoop can help financial services firms comply with a myriad of regulations, including US Anti-Money Laundering (AML) laws and requirements. In 2015, it goes …

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October 8, 2015 2 comments
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Big DataCloudOpen SourceRiskStrategy

Leverage Open Source to Defend and Disrupt..

by Vamsi Chemitiganti October 2, 2015

(Image Credit – Larry Putterman) “What Mark Zuckerberg (Facebook’s CEO) worries about the most is the lack of change, the lack of innovation, becoming the innovator’s dilemma company that gets …

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October 2, 2015 0 comments
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Big DataFinTech

Banking on Big Data….

by Vamsi Chemitiganti September 27, 2015

Everyday one hears more about how Big Data ecosystem technologies are helping create incremental innovation & disruption in any given industry vertical – be it in exciting new cross industry areas like Internet …

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September 27, 2015 5 comments
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FinTech

How a Pioneering Bank leverages Hadoop for Enterprise Risk Data Aggregation & Reporting..

by Vamsi Chemitiganti September 21, 2015

“We honestly believe technology is going to define banking for the next five years, so it’s incredibly and strategically important that putting two individuals in charge now allows us to …

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September 21, 2015 2 comments
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Big DataFinTech

Leveraging Big Data to Revolutionize Mortgage Banking..

by Vamsi Chemitiganti September 14, 2015

(Image Courtesy – www.theastuteadvisor.com) “Perhaps more than anything else, failure to recognize the precariousness and fickleness of confidence-especially in cases in which large short-term debts need to be rolled over continuously-is the key …

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September 14, 2015 8 comments
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