The increase in mobile and ICT adoption over the years has seen masses gaining digital footprints for the first time ever, putting the spotlight on the potential of Big Data – information about individuals, their actions, and their preferences reflected through electronic transactions.
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On 22 Sept, MIMOS Chief Technology Officer Thillai Raj Ramanathan was one of the panellists at the Global Symposium on Innovative Financial Inclusion. Thillai Raj’s session focussed on data-related opportunities and challenges, automated analysis of data and data security. Watch the session’s video here as he talks about consumer protection and data privacy considerations when tapping Big Data.
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Organized by the World Bank Group and Bank Negara Malaysia, the Global Symposium on Innovative Financial Inclusion brought together 400 policymakers, regulators and supervisors from financial and non-financial sectors, and private saector industry leaders in innovative financial inclusion technology and solutions.