scholarly journals Digitalisation and Big Data Mining in Banking

2018 ◽  
Vol 2 (3) ◽  
pp. 18 ◽  
Author(s):  
Hossein Hassani ◽  
Xu Huang ◽  
Emmanuel Silva

Banking as a data intensive subject has been progressing continuously under the promoting influences of the era of big data. Exploring the advanced big data analytic tools like Data Mining (DM) techniques is key for the banking sector, which aims to reveal valuable information from the overwhelming volume of data and achieve better strategic management and customer satisfaction. In order to provide sound direction for the future research and development, a comprehensive and most up to date review of the current research status of DM in banking will be extremely beneficial. Since existing reviews only cover the applications until 2013, this paper aims to fill this research gap and presents the significant progressions and most recent DM implementations in banking post 2013. By collecting and analyzing the trends of research focus, data resources, technological aids, and data analytical tools, this paper contributes to bringing valuable insights with regard to the future developments of both DM and the banking sector along with a comprehensive one stop reference table. Moreover, we identify the key obstacles and present a summary for all interested parties that are facing the challenges of big data.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shilpa Chauhan ◽  
Asif Akhtar ◽  
Ashish Gupta

Purpose The objective of this paper is to explore and extend the existing literature on the use of gamification in banking. Design/methodology/approach Gamification is a new concept, further its application in banking is in a nascent stage both from the perspective of research and application. To systematise the limited literature and to draw the future research prospects, studies are presented based on theories, characteristics, context and methodologies framework. Findings The synthesis of the literature on gamification opened to a spectrum of areas to determine the future of gamification in the banking industry. The study emphasises the use of social and psychological theory building in the banking industry. Further, the research on game elements is an underexplored area in the banking domain, while they have well exploited in other contexts. Banking context needs more literature evidence, empirically tested and validated research methods to understand the personality traits and customer behaviour arising from the use of gamification. Practical implications For bank management, this study lays the impact of gamification in this era of digital banking. With the right mix of hedonic and utilitarian elements, bank management shall be able to boost financial literacy, improve saving habits, simplify banking products and strengthen knowledge updates among bank employees. Understanding the key elements and present status of research on gamification and their impact on customer behaviour development is crucial for the bank in building strategic advantage. Originality/value This study on gamification applied explicitly to the banking sector. With no clear application of the elements and mechanics of technology used in gamification, this study presents past literature in a systematised manner and draws the future research agenda of gamification in banking services.


Author(s):  
Constanţa-Nicoleta Bodea ◽  
Maria-Iuliana Dascalu ◽  
Radu Ioan Mogos ◽  
Stelian Stancu

Reinforcement of the technology-enhanced education transformed education into a data-intensive domain. As in many other data-intensive domains, the interest for data analysis through various analytics is growing. The article starts by defining LA, with relevant views on the literature. A discussion about the relationships between LA, educational data mining and academic analytics is included in the background section. In the main section of the article, the learning analytics, as an emerging trend in the educational systems is describe, by discussing the main issues, controversies, problems on this topic. Final part of the article presents the future research directions and the conclusion.


Big Data ◽  
2016 ◽  
pp. 2368-2387
Author(s):  
Hajime Eto

As this book has the limited numbers of chapters and pages, many important issues remain unanalyzed. This chapter picks up and roughly discusses some of them for the future analyses in more analytical ways. The focuses are placed on how to apply the data scientific methods to the analyses of public voice, claims and behaviors of tourists, customers and the general publics by using the big data already acquired and stored somewhere.


Author(s):  
Arun Thotapalli Sundararaman

Study of data quality for data mining application has always been a complex topic; in the recent years, this topic has gained further complexity with the advent of big data as the source for data mining and business intelligence (BI) applications. In a big data environment, data is consumed in various states and various forms serving as input for data mining, and this is the main source of added complexity. These new complexities and challenges arise from the underlying dimensions of big data (volume, variety, velocity, and value) together with the ability to consume data at various stages of transition from raw data to standardized datasets. These have created a need for expanding the traditional data quality (DQ) factors into BDQ (big data quality) factors besides the need for new BDQ assessment and measurement frameworks for data mining and BI applications. However, very limited advancement has been made in research and industry in the topic of BDQ and their relevance and criticality for data mining and BI applications. Data quality in data mining refers to the quality of the patterns or results of the models built using mining algorithms. DQ for data mining in business intelligence applications should be aligned with the objectives of the BI application. Objective measures, training/modeling approaches, and subjective measures are three major approaches that exist to measure DQ for data mining. However, there is no agreement yet on definitions or measurements or interpretations of DQ for data mining. Defining the factors of DQ for data mining and their measurement for a BI system has been one of the major challenges for researchers as well as practitioners. This chapter provides an overview of existing research in the area of BDQ definitions and measurement for data mining for BI, analyzes the gaps therein, and provides a direction for future research and practice in this area.


2022 ◽  
pp. 1477-1503
Author(s):  
Ali Al Mazari

HIV/AIDS big data analytics evolved as a potential initiative enabling the connection between three major scientific disciplines: (1) the HIV biology emergence and evolution; (2) the clinical and medical complex problems and practices associated with the infections and diseases; and (3) the computational methods for the mining of HIV/AIDS biological, medical, and clinical big data. This chapter provides a review on the computational and data mining perspectives on HIV/AIDS in big data era. The chapter focuses on the research opportunities in this domain, identifies the challenges facing the development of big data analytics in HIV/AIDS domain, and then highlights the future research directions of big data in the healthcare sector.


2016 ◽  
Vol 21 (3) ◽  
pp. 525-547 ◽  
Author(s):  
Scott Tonidandel ◽  
Eden B. King ◽  
Jose M. Cortina

Advances in data science, such as data mining, data visualization, and machine learning, are extremely well-suited to address numerous questions in the organizational sciences given the explosion of available data. Despite these opportunities, few scholars in our field have discussed the specific ways in which the lens of our science should be brought to bear on the topic of big data and big data's reciprocal impact on our science. The purpose of this paper is to provide an overview of the big data phenomenon and its potential for impacting organizational science in both positive and negative ways. We identifying the biggest opportunities afforded by big data along with the biggest obstacles, and we discuss specifically how we think our methods will be most impacted by the data analytics movement. We also provide a list of resources to help interested readers incorporate big data methods into their existing research. Our hope is that we stimulate interest in big data, motivate future research using big data sources, and encourage the application of associated data science techniques more broadly in the organizational sciences.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohammed Ayoub Ledhem

Purpose The purpose of this paper is to apply various data mining techniques for predicting the financial performance of Islamic banking in Indonesia through the main exogenous determinants of profitability by choosing the best data mining technique based on the criteria of the highest accuracy score of testing and training. Design/methodology/approach This paper used data mining techniques to predict the financial performance of Islamic banking by applying all of LASSO regression, random forest (RF), artificial neural networks and k-nearest neighbor (KNN) over monthly data sets of all the full-fledged Islamic banks working in Indonesia from January 2011 until March 2020. This study used return on assets as a real measurement of financial performance, whereas the capital adequacy ratio, asset quality and liquidity management were used as exogenous determinants of financial performance. Findings The experimental results showed that the optimal task for predicting the financial performance of Islamic banking in Indonesia is the KNN technique, which affords the best-predicting accuracy, and gives the optimal knowledge from the financial performance of Islamic banking determinants in Indonesia. As well, the RF provides closer values to the optimal accuracy of the KNN, which makes it another robust technique in predicting the financial performance of Islamic banking. Research limitations/implications This paper restricted modeling the financial performance of Islamic banking to profitability through the main determinants of return of assets in Indonesia. Future research could consider enlarging the modeling of financial performance using other models such as CAMELS and Z-Score to predict the financial performance of Islamic banking under data mining techniques. Practical implications Owing to the lack of using data mining techniques in the Islamic banking sector, this paper would fill the literature gap by providing new effective techniques for predicting financial performance in the Islamic banking sector using data mining approaches, which can be efficient tools in business and management modeling for financial researchers and decision-makers in the Islamic banking sector. Originality/value According to the author’s knowledge, this paper is the first that provides data mining techniques for predicting the financial performance of the Islamic banking sector in Indonesia.


2021 ◽  
Vol 8 (1) ◽  
pp. 205395172110033
Author(s):  
Chiara Bonacchi ◽  
Marta Krzyzanska

This article presents a conceptual and methodological framework to study heritage-based tribalism in Big Data ecologies by combining approaches from the humanities, social and computing sciences. We use such a framework to examine how ideas of human origin and ancestry are deployed on Twitter for purposes of antagonistic ‘othering’. Our goal is to equip researchers with theory and analytical tools for investigating divisive online uses of the past in today’s networked societies. In particular, we apply notions of heritage, othering and neo-tribalism, and both data-intensive and qualitative methods to the case of people’s engagements with the news of Cheddar Man’s DNA on Twitter. We show that heritage-based tribalism in Big Data ecologies is uniquely shaped as an assemblage by the coalescing of different forms of antagonistic othering. Those that co-occur most frequently are the ones that draw on ‘Views on Race’, ‘Trust in Experts’ and ‘Political Leaning’. The framings of the news that were most influential in triggering heritage-based tribalism were introduced by both right- and left-leaning newspaper outlets and by activist websites. We conclude that heritage-themed communications that rely on provocative narratives on social media tend to be labelled as political and not to be conducive to positive change in people’s attitudes towards issues such as racism.


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