scholarly journals Technological changes: Recent trends and challenges in banking sector

2020 ◽  
Author(s):  
Ambrose T.V ◽  
Rajaneesh Chidhambaran ◽  
Meghana C Mohan

Indian banking and digital banking system are connected and it is continuously evolving. Today with the introduction of cashless economy, central identity service Aadhaar, Payment infrastructure revamp with UPI, Telecom providers acting as banks, payments bank like PayTM, emergence of FinTechs(Financial Technologies) and introduction of private agencies to deal with digital payments have given a new horizon to digital banking services. The importance of Cloud banking, Big Data Analytics and Artificial intelligence is increasing day by day.

2018 ◽  
Vol 7 (1.8) ◽  
pp. 164 ◽  
Author(s):  
S Kusuma ◽  
D Kasi Viswanath

The internet of things & Big data analytics in eLearning brings tremendous challenges & opportunities to educational institutions & students. In recent trends, the growth of Pervasive computing, Social media, evolving IoT capabilities, technologies such as cloud computing, and big data and analytics are improving the core values of teaching and conducting research but also instilling a new digital culture and developing an IoT-centric society. The primary purpose of this paper is to provide an impact of IoT & Big data analytics in the area of E-learning and study on different E-learning approaches. 


Author(s):  
Shweta Kumari

n a business enterprise there is an enormous amount of data generated or processed daily through different data points. It is increasing day by day. It is tough to handle it through traditional applications like excel or any other tools. So, big data analytics and environment may be helpful in the current scenario and the situation discussed above. This paper discussed the big data management ways with the impact of computational methodologies. It also covers the applicability domains and areas. It explores the computational methods applicability scenario and their conceptual design based on the previous literature. Machine learning, artificial intelligence and data mining techniques have been discussed for the same environment based on the related study.


Author(s):  
Ganesh Chandra Deka

The Analytics tools are capable of suggesting the most favourable future planning by analyzing “Why” and “How” blended with What, Who, Where, and When. Descriptive, Predictive, and Prescriptive analytics are the analytics currently in use. Clear understanding of these three analytics will enable an organization to chalk out the most suitable action plan taking various probable outcomes into account. Currently, corporate are flooded with structured, semi-structured, unstructured, and hybrid data. Hence, the existing Business Intelligence (BI) practices are not sufficient to harness potentials of this sea of data. This change in requirements has made the cloud-based “Analytics as a Service (AaaS)” the ultimate choice. In this chapter, the recent trends in Predictive, Prescriptive, Big Data analytics, and some AaaS solutions are discussed.


Author(s):  
Mohd Vasim Ahamad ◽  
Misbahul Haque ◽  
Mohd Imran

In the present digital era, more data are generated and collected than ever before. But, this huge amount of data is of no use until it is converted into some useful information. This huge amount of data, coming from a number of sources in various data formats and having more complexity, is called big data. To convert the big data into meaningful information, the authors use different analytical approaches. Information extracted, after applying big data analytics methods over big data, can be used in business decision making, fraud detection, healthcare services, education sector, machine learning, extreme personalization, etc. This chapter presents the basics of big data and big data analytics. Big data analysts face many challenges in storing, managing, and analyzing big data. This chapter provides details of challenges in all mentioned dimensions. Furthermore, recent trends of big data analytics and future directions for big data researchers are also described.


Big Data ◽  
2016 ◽  
pp. 30-55 ◽  
Author(s):  
Ganesh Chandra Deka

The Analytics tools are capable of suggesting the most favourable future planning by analyzing “Why” and “How” blended with What, Who, Where, and When. Descriptive, Predictive, and Prescriptive analytics are the analytics currently in use. Clear understanding of these three analytics will enable an organization to chalk out the most suitable action plan taking various probable outcomes into account. Currently, corporate are flooded with structured, semi-structured, unstructured, and hybrid data. Hence, the existing Business Intelligence (BI) practices are not sufficient to harness potentials of this sea of data. This change in requirements has made the cloud-based “Analytics as a Service (AaaS)” the ultimate choice. In this chapter, the recent trends in Predictive, Prescriptive, Big Data analytics, and some AaaS solutions are discussed.


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