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The aim of the BAFI 2020 conference is to bring together researchers and developers from data science and related areas with practitioners and consultants applying the respective techniques in different business-related domains. Our goal is to stimulate an academic exchange of recent developments as well as to encourage the mutual influence between academics and practitioners. At BAFI 2020, the focus will be on methodological developments aimed at uncovering information contained in large data sets, as well as on business applications in various sectors, among them finance, retail, and telecommunications.