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Cybersecurity in Banking: Importance, Threats, Challenges

Knowledge Hut

As we transition to a digital economy, cybersecurity in banking is becoming a serious concern. Utilizing methods and procedures created to safeguard the data is essential for a successful digital revolution. What is Cybersecurity in Banking? Protecting the user's assets is the primary goal of cybersecurity in banking.

Banking 98
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Habib Bank manages data at scale with Cloudera Data Platform

Cloudera

As the leading financial institution of Pakistan, Habib Bank Limited (HBL) is at the forefront of all development initiatives which includes growth of priority sectors and targeting the unbanked population in the country. HBL was the first Pakistani commercial bank to be established in Pakistan in 1947.

Banking 85
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Recognizing Organizations Leading the Way in Data Security & Governance

Cloudera

The right set of tools helps businesses utilize data to drive insights and value. But balancing a strong layer of security and governance with easy access to data for all users is no easy task. Retrofitting existing solutions to ever-changing policy and security demands is one option.

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Cloud Computing in Banking Industry: Benefits, Applications, Challenges and More

Knowledge Hut

While an increasing number of businesses are adapting to cloud services, one industry is taking the time to adopt the concept on a holistic level: the banking sector. Cloud computing for banks enhances every aspect of the banking sector, from security to customer experience, making it a future-proof solution.

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The Award Winning Formula: How Cloudera Empowered OCBC With Trusted Data To Unlock Business Value from AI

Cloudera

The Role of AI in Banking 2024 continues to witness the rapid development of AI and its applications, with GenAI leading the charge. Banking, in particular, stands to gain significantly, with an estimated increase in revenue of US$200 billion to US$340 billion, equivalent to between 9% and 15% of their operating profits.

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Top 5 Data + AI Predictions for Financial Services in 2024

Snowflake

The foundation for success is a data platform that allows flexible, cost-effective ways to access gen AI — whether organizations want to use off-the-shelf commercial and open-source large language models (LLMs), or fine-tune their own LLMs for more complex applications. Rinesh Patel, Snowflake’s Global Head of Financial Services 2.

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Top 22 Cloud Computing Project Ideas in 2023 [Source Code]

Knowledge Hut

Source Code: Cloud-Enabled Attendance System Advantages Of a Cloud-Enabled Attendance System: Data and Analytics: You can easily generate reports Flexibility: You can track attendance in a variety of ways Remote management: Cloud-based attendance systems make use of software that can be accessed from anywhere on any device that has Internet access.