February 23, 2025

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Discover the privacy concerns associated with big data analytics in the financial sector and explore effective solutions.
As the financial sector increasingly leverages big data analytics, privacy concerns have emerged as a critical issue. The aggregation of vast amounts of personal data has the potential to enhance decision-making and risk management but also raises questions about data security, user consent, and compliance with regulations. This article delves into the privacy challenges faced by financial institutions and provides actionable solutions to address these concerns.