Date of Publication :8th May 2024

Abstract:Abstract— In the evolving landscape of banking, the integration of advanced data technologies and frameworks stands as a testament to the sector’s commitment to innovation and efficiency. It offers a comprehensive exploration of the advancements in data management within banking, underpinned by a thorough analysis of literature and comparative studies. It underscores the significance of data-driven decision-making in modern bank- ing, the paper delves into a curated selection of studies and methodologies that have shaped the contemporary banking data ecosystem. Methodologically, the paper employs a systematic approach to dissect and compare various data management technologies, providing insights into their efficacy, limitations, and potential implications for the banking industry. Through this lens, the review elucidates the pivotal role of advanced data technologies in enhancing customer experiences, optimiz- ing operational processes, and mitigating risks. Furthermore, it underscores the importance of continuous evaluation and adaptation, positioning banks to navigate the challenges and opportunities of an increasingly digital financial landscape.

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