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Demystifying Data Science in the Financial Service sector
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Data Science is often perceived as a black box approach not suited to credit decisioning. However, when understood, Data Science methodologies can allow for better data usage, a better understanding of customers and ultimately better strategies and decisions. We will discuss potential approaches to overcome the fear of the unknown, get stakeholders comfortable with Data Science and remove blockers of its adoption in the financial Services. We will then talk through NewDay's journey with Data Science and their current progress, sharing with you their successes and challenges.