How Big Data Trends Influence the Banking Industry

Big Data in Banking Industry
Big Data in Banking Industry

The need to solve business challenges, in light of both advancing technologies and the changing nature of data, banking, and financial organizations are starting to look closer at Big Data’s potential benefits. The collection of Big Data Trends helps banking industry understand the needs and expectations of people. This way they can keep up with trends and make changes in their operations to improve their services as well as customer relations. Continue reading “How Big Data Trends Influence the Banking Industry”

Latest Trends In Anti-Money Laundering Compliance

Anti-Money Laundering Compliance
Anti-Money Laundering Compliance

Anti-money laundering (AML) compliance requirements of the Bank Secrecy Act (BSA) have marked their prominence in banks and financial organizations since years. Post-9/11 era, government agencies, including law enforcement as well as regulatory, have put much emphasis on BSA compliance. And, such agencies, at local, state and federal levels, are actively taking part in ensuring that financial organizations comply with the BSA. Continue reading “Latest Trends In Anti-Money Laundering Compliance”

Cross-Functional Collaboration Effective And Efficient Risk Assessment

Effective And Efficient Risk Assessment
Effective And Efficient Risk Assessment

Jurisdictions and timetables are inevitable for companies with global operations while implementing new regulations. With the number of laws and regulations increasing day by day, it is very important for companies to have an updated framework to combat risks.

 

Limitations of traditional risk assessment process

In organizations with multiple guaranteed functions, frustration with existing risk assessment processes is common. The reasons are varied objectives, timing challenges, overlapping members, and more. The other problem is that, data generated in isolated processes may be partial in scope, thus resulting in failure to recognize and alleviate risks broadly.

Continue reading “Cross-Functional Collaboration Effective And Efficient Risk Assessment”

All about Financial Statement Analysis

Financial Statement Analysis
Financial Statement Analysis

Financial statement analysis is nothing but reviewing and evaluating a company’s financial statements. It plays a major role in understanding the financial health of a company, thereby facilitating effective decision making. Financial statement analysis has different users, i.e. internal and external users. Internal users are the people who analyze the financial statement in order to make right decisions associated with the company operations. Continue reading “All about Financial Statement Analysis”

Why Mobile Learning?

BENEFITS OF MOBILE LEARNING
BENEFITS OF MOBILE LEARNING

A recent research by Pew Research Center showed that nearly 72% adults in the United States own a Smartphone. Mobile Learning is an innovation that has drastically transformed the way info is obtained and used. Mobile phones have become such an important necessity that everyone wishes to own at least one. As a result, e-learning industries are taking huge advantage of this.
Continue reading “Why Mobile Learning?”

Augmented Reality & Compliance– Are You Up To Date With This Technology?

AUGMENTED REALITY & COMPLIANCE
AUGMENTED REALITY & COMPLIANCE

Always there has been a lot of buzz about virtual reality and augmented reality. Most of them wonder if they will revolutionize eLearning or will they enhance eLearning. Above all, can we provide cost-effective eLearning with these emerging technologies?

Let’s discover! Continue reading “Augmented Reality & Compliance– Are You Up To Date With This Technology?”