I realized after my post on big data last week that I probably needed to take a step backwards and define “big data” in the first place. What are the characteristics of big data?
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Zombie Technologies in Financial Services
With Zombie Fever in full swing, I was thinking about technologies in banks and credit unions we just can’t seem to kill. Five came to mind this afternoon:
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Why Do I Still Have a Separate Savings Account?
I was thinking about the topic of multiple deposit accounts earlier in the week, and the Bank Simple demo that Fast Company posted yesterday prompted me to post.
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I Like Big Data (and I Can Not Lie)
A couple of days ago the WSJ ran a piece on Visa and MasterCard using cardholders’ purchase data to target Internet advertising. Think this data might be valuable? From the article:
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No One Man (or Woman) Should Have All That Power
2012 planning is in high gear for many financial services organizations, so it’s top of mind in my conversations with technology and business unit leaders. Ron Shevlin put up a post earlier in the week that I left a comment on regarding disconnects between the CEO, CIO, and business leaders in a case study. One of my points was that the CIO (or CTO, Director of IT, or whoever the senior IT leader is) is set up to fail if they are essentially the sole owner of project prioritization.
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