Banks Explore Graph Technology to Tackle Data Complexity for Compliance
Although graph technology is still in the early stages of adoption, banks such as Wells Fargo and ING have begun leveraging it to find previously unknown connections between datasets.
Banks are exploring graph technology, a method of data storage that shows the different relationships between data points, for a number of use cases, including fraud detection, anti-money laundering, and regulatory compliance.
Knowledge graphs offer an alternative to siloed, disconnected data stored in relational databases, as they represent domains of knowledge, connecting information in a systematic way. Knowledge graphs encode information in a network of nodes, like a data map set to
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