Leveraging Big Data in The Banking Sector: An Analysis of Challenges and Opportunities at the Central Bank of Aden

Central banks in developing countries face numerous challenges, including counterfeiting and decision-making difficulties. These banks generate vast amounts of data daily, which may not be fully utilized. This study aims to explore the scope, nature, characteristics, sources, and application areas o...

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Main Authors: Shaima Abdulrahman Mohsen, Dr. Nasr Mohammed Alsakkaf, Prof. Mohammed Fadhl Abdullah, Dr. Ali Saleh Belaeed
Format: Article
Language:Arabic
Published: University of Science and Technology, Yemen 2024-11-01
Series:مجلة الدراسات الاجتماعية
Subjects:
Online Access:https://journals.ust.edu/index.php/JSS/article/view/2546
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author Shaima Abdulrahman Mohsen
Dr. Nasr Mohammed Alsakkaf
Prof. Mohammed Fadhl Abdullah
Dr. Ali Saleh Belaeed
author_facet Shaima Abdulrahman Mohsen
Dr. Nasr Mohammed Alsakkaf
Prof. Mohammed Fadhl Abdullah
Dr. Ali Saleh Belaeed
author_sort Shaima Abdulrahman Mohsen
collection DOAJ
description Central banks in developing countries face numerous challenges, including counterfeiting and decision-making difficulties. These banks generate vast amounts of data daily, which may not be fully utilized. This study aims to explore the scope, nature, characteristics, sources, and application areas of Big Data in central bank of Aden, with a focus on why central bank should adopt it. The researchers used a descriptive methodology, conducting a comprehensive review of relevant studies, scientific theses, and research papers. The collected data were analyzed using SPSS software. A questionnaire, which was validated by experts and academic staff from the University of Science and Technology, was administered to the information technology management staff at the Central Bank of Yemen's headquarters in Aden and its branches. The study's findings led to several recommendations and identified future research opportunities, emphasizing the study's importance as a foundational effort in this area.
format Article
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institution Kabale University
issn 2312-525X
2312-5268
language Arabic
publishDate 2024-11-01
publisher University of Science and Technology, Yemen
record_format Article
series مجلة الدراسات الاجتماعية
spelling doaj-art-0affdf8ca6e949c3b2f3922c0c14931d2024-12-30T10:06:04ZaraUniversity of Science and Technology, Yemenمجلة الدراسات الاجتماعية2312-525X2312-52682024-11-0130543144810.20428/jss.v30i5.25462318Leveraging Big Data in The Banking Sector: An Analysis of Challenges and Opportunities at the Central Bank of AdenShaima Abdulrahman Mohsen0Dr. Nasr Mohammed Alsakkaf1Prof. Mohammed Fadhl Abdullah2Dr. Ali Saleh Belaeed3Research Scholar Information Systems, University of Science & Technology, Aden, YemenFaculty of Information Systems, University of Science & Technology, Aden, YemenFaculty of Information Technology, University of Science & Technology, Aden, YemenFaculty of Information Systems, University of Science & Technology, Aden, YemenCentral banks in developing countries face numerous challenges, including counterfeiting and decision-making difficulties. These banks generate vast amounts of data daily, which may not be fully utilized. This study aims to explore the scope, nature, characteristics, sources, and application areas of Big Data in central bank of Aden, with a focus on why central bank should adopt it. The researchers used a descriptive methodology, conducting a comprehensive review of relevant studies, scientific theses, and research papers. The collected data were analyzed using SPSS software. A questionnaire, which was validated by experts and academic staff from the University of Science and Technology, was administered to the information technology management staff at the Central Bank of Yemen's headquarters in Aden and its branches. The study's findings led to several recommendations and identified future research opportunities, emphasizing the study's importance as a foundational effort in this area.https://journals.ust.edu/index.php/JSS/article/view/2546spss analysiscentral bankingdata utilizationbig data
spellingShingle Shaima Abdulrahman Mohsen
Dr. Nasr Mohammed Alsakkaf
Prof. Mohammed Fadhl Abdullah
Dr. Ali Saleh Belaeed
Leveraging Big Data in The Banking Sector: An Analysis of Challenges and Opportunities at the Central Bank of Aden
مجلة الدراسات الاجتماعية
spss analysis
central banking
data utilization
big data
title Leveraging Big Data in The Banking Sector: An Analysis of Challenges and Opportunities at the Central Bank of Aden
title_full Leveraging Big Data in The Banking Sector: An Analysis of Challenges and Opportunities at the Central Bank of Aden
title_fullStr Leveraging Big Data in The Banking Sector: An Analysis of Challenges and Opportunities at the Central Bank of Aden
title_full_unstemmed Leveraging Big Data in The Banking Sector: An Analysis of Challenges and Opportunities at the Central Bank of Aden
title_short Leveraging Big Data in The Banking Sector: An Analysis of Challenges and Opportunities at the Central Bank of Aden
title_sort leveraging big data in the banking sector an analysis of challenges and opportunities at the central bank of aden
topic spss analysis
central banking
data utilization
big data
url https://journals.ust.edu/index.php/JSS/article/view/2546
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AT profmohammedfadhlabdullah leveragingbigdatainthebankingsectorananalysisofchallengesandopportunitiesatthecentralbankofaden
AT dralisalehbelaeed leveragingbigdatainthebankingsectorananalysisofchallengesandopportunitiesatthecentralbankofaden