Spinning Raw Data Into Synthetic (Revenue) Gold For FIs
PYMNTS
JUNE 11, 2019
Regardless of whether banks and other firms are pursuing internal or external monetization, Koch said it is important for companies to “clean up” their data, get rid of duplicates and place that data into a data warehouse, where it can be made available for modification. Those fears, he added, can be solved through the use of synthetic data.
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