{"id":473,"date":"2019-03-06T13:18:51","date_gmt":"2019-03-06T13:18:51","guid":{"rendered":"http:\/\/clemson.world\/research\/?p=473"},"modified":"2020-02-04T19:14:52","modified_gmt":"2020-02-04T19:14:52","slug":"banking","status":"publish","type":"post","link":"https:\/\/clemson.world\/research\/banking\/","title":{"rendered":"What&#8217;s the Future of Banking?"},"content":{"rendered":"<div id='fullscreen_slider_1'  class='avia-fullscreen-slider main_color   avia-builder-el-0  el_before_av_hr  avia-builder-el-first   container_wrap sidebar_right' style=' '  ><a href='#next-section' title='' class='scroll-down-link av-control-default' aria-hidden='true' data-av_icon='\ue877' data-av_iconfont='entypo-fontello'><\/a><div   data-size='no scaling'  data-lightbox_size='large'  data-animation='slide'  data-conditional_play=''  data-ids='474,'  data-video_counter='1'  data-autoplay='true'  data-bg_slider='true'  data-slide_height='100'  data-handle='av_fullscreen'  data-interval='4'  data-class=' '  data-el_id=''  data-css_id='fullscreen_slider_1'  data-scroll_down='aviaTBscroll_down'  data-control_layout='av-control-default'  data-custom_markup=''  data-perma_caption=''  data-autoplay_stopper=''  data-image_attachment='scroll'  data-min_height='0px'  data-stretch=''  class='avia-slideshow avia-slideshow-1 av-slider-scroll-down-active av-control-default av-default-height-applied avia-slideshow-no scaling av_fullscreen   avia-slide-slider '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><ul class='avia-slideshow-inner ' style='padding-bottom: 66.6666666667%;' ><li style='background-position:center center;' data-img-url='https:\/\/clemson.world\/research\/wp-content\/uploads\/sites\/2\/2019\/03\/Big-Data_Banking_Opener.jpg' class=' slide-1 ' ><div data-rel='slideshow-1' class='avia-slide-wrap '   ><div class='av-section-color-overlay' style='opacity: 0.2; background-color: #000000; '><\/div><div class='av-click-to-play-overlay'><div class=\"avia_playpause_icon\"><\/div><\/div><\/div><\/li><li  data-controls='' data-mute='aviaTBaviaTBvideo_mute' data-loop='' data-disable-autoplay='aviaTBaviaTBvideo_autoplay'  data-mobile-img='https:\/\/clemson.world\/research\/wp-content\/uploads\/sites\/2\/2019\/03\/Banking_Video.jpg' data-fallback-link='http:\/\/' class=' av-video-slide  av-video-service-vimeo  av-mute-video av-mobile-fallback-image slide-2 ' ><div data-rel='slideshow-1' class='avia-slide-wrap ' style='background-image:url(\"https:\/\/clemson.world\/research\/wp-content\/uploads\/sites\/2\/2019\/03\/Banking_Video.jpg\");'  ><div class='av-click-overlay'><\/div><div class='mejs-mediaelement'><div data-src='\/\/player.vimeo.com\/video\/384815596?portrait=0&#038;byline=0&#038;title=0&#038;badge=0&#038;loop=0&#038;autopause=1&#038;api=1&#038;rel=0&#038;player_id=player_473_27160057_2117759868&#038;color=f26734' data-original_url='https:\/\/vimeo.com\/384815596' height='1600' width='900' class='av_vimeo_frame' id='player_473_27160057_2117759868'><\/div><\/div><div class='av-click-to-play-overlay'><div class=\"avia_playpause_icon\"><\/div><\/div><\/div><\/li><\/ul><div class='avia-slideshow-arrows avia-slideshow-controls'><a href='#prev' class='prev-slide' aria-hidden='true' data-av_icon='\ue87c' data-av_iconfont='entypo-fontello'>Previous<\/a><a href='#next' class='next-slide' aria-hidden='true' data-av_icon='\ue87d' data-av_iconfont='entypo-fontello'>Next<\/a><\/div><div class='avia-slideshow-dots avia-slideshow-controls'><a href='#1' class='goto-slide active' >1<\/a><a href='#2' class='goto-slide ' >2<\/a><\/div><\/div><\/div><div id='after_full_slider_1'  class='main_color av_default_container_wrap container_wrap sidebar_right' style=' '  ><div class='container' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-473'><div class='entry-content-wrapper clearfix'>\n<div  style='height:50px' class='hr hr-invisible   avia-builder-el-1  el_after_av_fullscreen  el_before_av_image  avia-builder-el-first '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<div  class='avia-image-container  av-styling-    avia-builder-el-2  el_after_av_hr  el_before_av_textblock  avia-align-center '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><div class='avia-image-overlay-wrap'><img class='avia_image' src='https:\/\/clemson.world\/research\/wp-content\/uploads\/sites\/2\/2019\/03\/Paul-Wilson.png' alt='' title='Paul-Wilson' height=\"300\" width=\"280\"  itemprop=\"thumbnailUrl\"  \/><\/div><\/div><\/div>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  av_inherit_color '  style='font-size:13px; color:#000000; '  itemprop=\"text\" ><p style=\"text-align: center;\"><b>Paul Wilson<br \/>\n<\/b>Trevillian Distinguished Professor\u00a0of\u00a0Economics\u00a0and Computer Science<\/p>\n<\/div><\/section>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-4  el_after_av_textblock  el_before_av_three_fifth  column-top-margin\" style='border-radius:0px; '><\/div>\n<div class=\"flex_column av_three_fifth  flex_column_div av-zero-column-padding   avia-builder-el-5  el_after_av_one_fifth  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><div  style=' margin-top:30px; margin-bottom:30px;'  class='hr hr-custom hr-center hr-icon-no   avia-builder-el-6  avia-builder-el-no-sibling '><span class='hr-inner   inner-border-av-border-thin' style=' width:1100;' ><span class='hr-inner-style'><\/span><\/span><\/div><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding   avia-builder-el-7  el_after_av_three_fifth  el_before_av_hr  column-top-margin\" style='border-radius:0px; '><\/div>\n<div  style='height:1px; margin-top:-50px'  class='hr hr-invisible   avia-builder-el-8  el_after_av_one_fifth  el_before_av_one_full '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  avia-builder-el-9  el_after_av_hr  el_before_av_hr  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  av_inherit_color '  style='font-size:40px; color:#000000; '  itemprop=\"text\" ><p style=\"font-size: 63px; line-height: 1.2em; text-align: center;\"><strong><span style=\"color: #af2c23;\">Question 6:<\/span> What is the future of banking?<\/strong><\/p>\n<\/div><\/section><\/div>\n<div  style='height:25px' class='hr hr-invisible   avia-builder-el-11  el_after_av_one_full  el_before_av_one_full '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  avia-builder-el-12  el_after_av_hr  el_before_av_one_full  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  av_inherit_color '  style='font-size:19px; color:#000000; '  itemprop=\"text\" ><p>The past three decades have seen many notable changes in the U.S. banking industry, but chief among those has been bank consolidation, with a disproportionate number of smaller banks disappearing through mergers and acquisitions, as well as failures. There were 14,400 commercial banks at the end of the first quarter of 1984 and 7,022 at the end of the fourth quarter of 2008. By first quarter 2018, only 4,852 remained.<\/p>\n<p>The scale of this consolidation has not been seen since the Great Depression. Economics professor Paul Wilson is using high-performance computing to not only analyze some of the factors driving this consolidation, but also to take some of the mystery and uncertainty out of that historical precedent.<\/p>\n<p>Between 1984 and 2008, the average size of U.S. banks increased fivefold in terms of inflation-adjusted total assets, explains Wilson, who spends about six weeks each year conducting research with David Wheelock, vice president and deputy director of research for the Federal Reserve Bank of St. Louis. Their collective work has been mentioned by Federal Reserve chair Ben Bernanke; a high-level official from the Bank of London recently cited their work in a speech.<\/p>\n<p>Together, Wilson and Wheelock are currently distilling more than three decades of data from thousands of banking institutions to help separate perception from reality when it comes to what banks should look like in the next 30 years.<\/p>\n<p>Changes in regulation along with advances in information-processing technology created the environment for the growing size and diminishing number of banks, according to bank executives and industry analysts. These insiders contend that banks must grow larger to work more economically. Critics say recent policies favor large banks, kill competition and create banks \u201ctoo big to fail.\u201d<\/p>\n<p>Wilson and Wheelock\u2019s findings strike at the heart of this debate, and their answers are being gleaned from vast data sets, consisting of dozens of observable variables: Think observations about consumer, business loans and real estate loans. Think observations about securities and the price of labor services. Think observations about income and condition reports, assets, inflation, and much more. Wilson then breaks down all those observations, not just by year but quarterly within those years.<\/p>\n<p>To quantify the data-crunching process, Wilson\u2019s initial sample consisted of 887,369 quarterly observations on all U.S. commercial banks between 1984 and 2006; the second sample was 868,647 quarterly observations on all commercial banks from 1984 to 2000, as well as a mix of commercial banks and bank holding companies comprising the largest top-tier banking organizations from 2001 to 2006.<\/p>\n<p>If it sounds like a lot of data \u2014 that\u2019s because it is. And it\u2019s astronomically more than what\u2019s been done to date. Previous highly regarded statistical studies on the topic have used sample sizes between 300 to 441.<\/p>\n<p>With the Palmetto Cluster\u2019s computing capabilities, Wilson can analyze data samples almost 3,000 times larger than those used in some of the most highly regarded statistical studies of commercial banks and bank holding companies. It\u2019s no wonder Wilson and his Federal Reserve colleague\u2019s findings are making waves near and far, the most recent being this: While size limits or \u201ccaps\u201d on banks could end the perceived problem of creating banks \u201ctoo big to fail,\u201d it could, in reality, have the opposite effect on the economy by increasing the overall cost of banking services, preventing banks from being able to economize.<\/p>\n<p>That means caps could be more costly to the American public than the occasional bailout. It\u2019s controversial, but it\u2019s based on data, which is making experts pay attention.<\/p>\n<p>The ability to crunch all their data on the Palmetto Cluster was key in the findings. To put it in perspective, one of Wilson\u2019s first papers was published in the <i>Journal of Monetary Economics<\/i> in 2001. At that time, he was at the University of Texas, with access to one of the fastest machines in the world at the time. He was able to estimate only one year at a time because of the limit of the computing technology.<\/p>\n<p>Compare that to 2018: Using the Palmetto Cluster, he processed in the realm of a million observations for a paper he co-authored on banks \u201ctoo big to fail\u201d that appeared in the <i>Journal of Applied Econometrics.<\/i><\/p>\n<p>\u201cWhat was impossible 18 years ago,\u201d Wilson says, \u201cwe can now do at Clemson in a matter of weeks.\u201d<\/p>\n<\/div><\/section><\/div>\n<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  avia-builder-el-14  el_after_av_one_full  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  av_inherit_color '  style='font-size:35px; color:#000000; '  itemprop=\"text\" ><p style=\"line-height: 1.4em;\"><span style=\"color: #af2c23;\"><strong>A:\u00a0<\/strong><\/span>Banks may end up being twice the size that they are now in order to prevent rising costs in the banking industry. And policymakers will have strong data to support the notion that this is likely less expensive for the American public than capping bank sizes.<\/p>\n<\/div><\/section><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-16  el_after_av_one_full  el_before_av_three_fifth  column-top-margin\" style='border-radius:0px; '><\/div>\n<div class=\"flex_column av_three_fifth  flex_column_div av-zero-column-padding   avia-builder-el-17  el_after_av_one_fifth  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><div  style=' margin-top:30px; margin-bottom:30px;'  class='hr hr-custom hr-center hr-icon-no   avia-builder-el-18  avia-builder-el-no-sibling '><span class='hr-inner   inner-border-av-border-thin' style=' width:1100;' ><span class='hr-inner-style'><\/span><\/span><\/div><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding   avia-builder-el-19  el_after_av_three_fifth  el_before_av_one_half  column-top-margin\" style='border-radius:0px; '><\/div>\n<div class=\"flex_column av_one_half  flex_column_div av-zero-column-padding first  avia-builder-el-20  el_after_av_one_fifth  el_before_av_one_half  column-top-margin\" style='border-radius:0px; '><div  class='avia-image-container  av-styling-    avia-builder-el-21  avia-builder-el-no-sibling  avia-align-center '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><div class='avia-image-overlay-wrap'><img class='avia_image' src='https:\/\/clemson.world\/research\/wp-content\/uploads\/sites\/2\/2019\/02\/Big-Data_Feed-World_Thumbnail.jpg' alt='' title='Big-Data_Feed-World_Thumbnail' height=\"367\" width=\"550\"  itemprop=\"thumbnailUrl\"  \/><\/div><\/div><\/div><\/div>\n<div class=\"flex_column av_one_half  flex_column_div av-zero-column-padding   avia-builder-el-22  el_after_av_one_half  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p style=\"color: #af2c23; font-size: 16px; font-weight: bold; margin: 75px 0px 25px 0px;\">QUESTION 1 <span style=\"color: #000000; font-weight: lighter;\">of 6:<\/span><\/p>\n<p style=\"color: #000000; font-size: 33px; font-weight: bold; margin: -25px 0px 25px 0px; line-height: 1.2em;\">Can we feed the world in a healthy sustainable way?<\/p>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-24  avia-builder-el-no-sibling ' ><a href='https:\/\/clemson.world\/research\/feed-the-world'  class='avia-button   avia-icon_select-yes-right-icon avia-color-red avia-size-large avia-position-left '   ><span class='avia_iconbox_title' >LEARN MORE<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue879' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div>\n<\/div><\/section><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-25  el_after_av_one_half  el_before_av_three_fifth  column-top-margin\" style='border-radius:0px; '><\/div>\n<div class=\"flex_column av_three_fifth  flex_column_div av-zero-column-padding   avia-builder-el-26  el_after_av_one_fifth  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><div  style=' margin-top:30px; margin-bottom:30px;'  class='hr hr-custom hr-center hr-icon-no   avia-builder-el-27  avia-builder-el-no-sibling '><span class='hr-inner   inner-border-av-border-thin' style=' width:1100;' ><span class='hr-inner-style'><\/span><\/span><\/div><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding   avia-builder-el-28  el_after_av_three_fifth  el_before_av_one_full  column-top-margin\" style='border-radius:0px; '><\/div>\n<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  avia-builder-el-29  el_after_av_one_fifth  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p style=\"color: #000000; font-size: 25px; font-weight: bold; text-align: center;\">EXPLORE OTHER QUESTIONS<\/p>\n<p style=\"color: #af2c23; font-size: 25px; font-weight: bold; text-align: center;\">\u2193<\/p>\n<\/div><\/section><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-31  el_after_av_one_full  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p style=\"color: #af2c23; font-size: 16px; font-weight: bold;\">QUESTION 2:<\/p>\n<p style=\"color: #000000; font-size: 19px; font-weight: bold; margin: -12px 0px 12px 0px; line-height: 1.2em;\">Can we find better ways to treat cancer?<\/p>\n<p style=\"color: #af2c23; font-size: 16px; font-weight: bold;\"><span style=\"color: #af2c23;\"><a style=\"color: #af2c23;\" href=\"https:\/\/clemson.world\/research\/treat-cancer\">Learn More\u00a0\u2192<\/a><\/span><\/p>\n<\/div><\/section><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding   avia-builder-el-33  el_after_av_one_fifth  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p style=\"color: #af2c23; font-size: 16px; font-weight: bold;\">QUESTION 3:<\/p>\n<p style=\"color: #000000; font-size: 19px; font-weight: bold; margin: -12px 0px 12px 0px; line-height: 1.2em;\">Will we be driving cars, or will they be driving us?<\/p>\n<p style=\"color: #af2c23; font-size: 16px; font-weight: bold;\"><span style=\"color: #af2c23;\"><a style=\"color: #af2c23;\" href=\"https:\/\/clemson.world\/research\/cars\">Learn More\u00a0\u2192<\/a><\/span><\/p>\n<\/div><\/section><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding   avia-builder-el-35  el_after_av_one_fifth  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p style=\"color: #af2c23; font-size: 16px; font-weight: bold;\">QUESTION 4:<\/p>\n<p style=\"color: #000000; font-size: 19px; font-weight: bold; margin: -12px 0px 12px 0px; line-height: 1.2em;\">Future of medicine \u2014 man or machine?<\/p>\n<p style=\"color: #af2c23; font-size: 16px; font-weight: bold;\"><span style=\"color: #af2c23;\"><a style=\"color: #af2c23;\" href=\"https:\/\/clemson.world\/research\/medicine\">Learn More\u00a0\u2192<\/a><\/span><\/p>\n<\/div><\/section><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding   avia-builder-el-37  el_after_av_one_fifth  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p style=\"color: #af2c23; font-size: 16px; font-weight: bold;\">QUESTION 5:<\/p>\n<p style=\"color: #000000; font-size: 19px; font-weight: bold; margin: -12px 0px 12px 0px; line-height: 1.2em;\">Can we save the planet from one of its most damaging pollutants?<\/p>\n<p style=\"color: #af2c23; font-size: 16px; font-weight: bold;\"><span style=\"color: #af2c23;\"><a style=\"color: #af2c23;\" href=\"https:\/\/clemson.world\/research\/pollution\">Learn More\u00a0\u2192<\/a><\/span><\/p>\n<\/div><\/section><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding   avia-builder-el-39  el_after_av_one_fifth  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p style=\"color: #aaaaaa; font-size: 16px; font-weight: bold; line-height: 1.2em;\">CURRENTLY EXPLORING QUESTION 6:<\/p>\n<p style=\"color: #aaaaaa; font-size: 19px; font-weight: bold; margin: -5px 0px 12px 0px; line-height: 1.2em;\">What is the future of banking?<\/p>\n<\/div><\/section><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-41  el_after_av_one_fifth  el_before_av_three_fifth  column-top-margin\" style='border-radius:0px; '><\/div>\n<div class=\"flex_column av_three_fifth  flex_column_div av-zero-column-padding   avia-builder-el-42  el_after_av_one_fifth  el_before_av_one_fifth  column-top-margin\" style='border-radius:0px; '><div  style=' margin-top:30px; margin-bottom:30px;'  class='hr hr-custom hr-center hr-icon-no   avia-builder-el-43  avia-builder-el-no-sibling '><span class='hr-inner   inner-border-av-border-thin' style=' width:1100;' ><span class='hr-inner-style'><\/span><\/span><\/div><\/div>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding   avia-builder-el-44  el_after_av_three_fifth  el_before_av_hr  column-top-margin\" style='border-radius:0px; '><\/div>\n<div  style='height:50px' class='hr hr-invisible   avia-builder-el-45  el_after_av_one_fifth  el_before_av_video '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<div  class='avia-video avia-video-16-9   av-lazyload-immediate  av-lazyload-video-embed  '   itemprop=\"video\" itemtype=\"https:\/\/schema.org\/VideoObject\"  data-original_url='https:\/\/vimeo.com\/384815596' ><script type='text\/html' class='av-video-tmpl'><div class='avia-iframe-wrap'><iframe loading=\"lazy\" title=\"Big Data | The Future of Banking | 2020\" src=\"https:\/\/player.vimeo.com\/video\/384815596?dnt=1&amp;app_id=122963\" width=\"1500\" height=\"638\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write; encrypted-media; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\"><\/iframe><\/div><\/script><div class='av-click-to-play-overlay'><div class=\"avia_playpause_icon\"><\/div><\/div><\/div>\n<div  style='height:50px' class='hr hr-invisible   avia-builder-el-47  el_after_av_video  el_before_av_textblock '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  av_inherit_color '  style='font-size:13px; color:#000000; '  itemprop=\"text\" ><p><strong>Heidi Coryell Williams<\/strong> is the director of Writing and Editing Services at Clemson University.<\/p>\n<\/div><\/section>\n<div  style='height:50px' class='hr hr-invisible   avia-builder-el-49  el_after_av_textblock  avia-builder-el-last '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":12,"featured_media":472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[9],"tags":[168,164],"coauthors":[155],"class_list":["post-473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","tag-banking","tag-supercomputers"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/s9IEky-banking","jetpack_featured_media_url":"https:\/\/clemson.world\/research\/wp-content\/uploads\/sites\/2\/2019\/03\/Big-Data_Banking_Thumbnail.jpg","_links":{"self":[{"href":"https:\/\/clemson.world\/research\/wp-json\/wp\/v2\/posts\/473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/clemson.world\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/clemson.world\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/clemson.world\/research\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/clemson.world\/research\/wp-json\/wp\/v2\/comments?post=473"}],"version-history":[{"count":0,"href":"https:\/\/clemson.world\/research\/wp-json\/wp\/v2\/posts\/473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/clemson.world\/research\/wp-json\/wp\/v2\/media\/472"}],"wp:attachment":[{"href":"https:\/\/clemson.world\/research\/wp-json\/wp\/v2\/media?parent=473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/clemson.world\/research\/wp-json\/wp\/v2\/categories?post=473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/clemson.world\/research\/wp-json\/wp\/v2\/tags?post=473"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/clemson.world\/research\/wp-json\/wp\/v2\/coauthors?post=473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}