Big Data, the fuel for Digital Banks - Think Big

In 1981, Bill Gates said "640KB will be enough for anybody". Surpisingly, it was hard even then, to imagine where we would be today; in a sea of data. Big data is fuelling the world of business, driving human decision making and building machine learning systems which have become essential components to success in the growing sector of digital banking, particularly in Monzo and Revolut. Big Data, as the name suggests, provides 1000's of metrics which inform many real decisions, so how has Data ensured the continuing success at these innovative companies? Monzo, founded in 2015 by 5 young men who had previously worked for Starling Bank provided a truly unique banking experience than any on the market at the time.