How Wix Fights The Money Laundering Threat With Data Analytics

PYMNTS

In either case, Wix’s solution is the same: a combination of in-depth knowledge of their customers’ and partners’ transactions paired with analytics technology to identify suspicious transactions. Preventing Money Laundering Analytically.

Qdoba On Curbing Chargeback Fraud With Data Analytics

PYMNTS

The October Mobile Order-Ahead Tracker® explores the latest digital ordering developments, including new technology deployments by Burger King and Disneyland , the growing threat of false chargebacks, and how QSRs like Qdoba are harnessing data analytics to reduce chargebacks and drive sales.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Deep Dive: The Power Of Data Analytics And AI For QSRs In A Complex Ordering Environment

PYMNTS

Harnessing consumers’ digital information is critical to the success of any business, and data analytics and artificial intelligence (AI) can be especially powerful tools.

WWS Business Analytics Management

Mobile Payments Today

WWS Business Analytics Management (WWS BAM) is the Data Analytics application module of the WWS software suite

How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Estimating the risks or rewards of making a particular loan, for example, has traditionally fallen under the purview of bankers with deep knowledge of the industry and extensive expertise. But times are changing. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. By leveraging the power of automated machine learning, banks have the potential to make data-driven decisions for products, services, and operations. Read the white paper, How Banks Are Winning with AI and Automated Machine Learning, to find out more about how banks are tackling their biggest data science challenges.

3 Fintech Data Analytics Startups to Watch

Bank Innovation

Compliance Exclusive Innovations Insurance Open Fintech Risk Startups 3 Startups to Watch AI data analytics machine learningFinancial institutions harnessing the power of big data must glean meaningful insights from many disparate data sets. Several startups helping banks and financial institutions make sense of data, alternative and otherwise, have emerged. According to one of our featured startups, Hexanika, the regulatory environment has intensified substantially lately.

How Zelle Protects Users Against Scams And Frauds With AI, Analytics

PYMNTS

The app relies on both in-house analytics systems and its financial institution (FI) partners’ security systems to fight these frauds and scams.

Why Procurement Optimization Must Go Beyond Spend Analytics

PYMNTS

As a high-spend business function, procurement is embracing the opportunity of data analytics to understand spending patterns and identify potential areas to cut costs. Spend analysis isn't the only way procurement data analytics tools can affect company bottom lines.

Nasdaq Acquires Cloud Analytics Platform eVestment for $705M

Bank Innovation

Nasdaq, the digital stock exchange, will acquire cloud analytics platform eVestment to provide enhanced data-driven returns to institutional investors. Capital Exclusive Operations Risk cloud analytics data analytics eVestment nasdaq stock exchange XigniteNasdaq announced today that it will pay $705 million to acquire the cloud database provider, using a mix of cash on hand and debt, the company announced today.

Oversight Broadens Spend Analytics To Fleet Cards

PYMNTS

19) that its Fleet module is now available to users of its artificial intelligence (AI) analytics platform that automates fleet card transaction analysis. Oversight’s technology targets fraud mitigation and fleet card misuse, it noted, and adds to an existing offering of card-based spend analytics that includes T&E cards and purchasing cards. B2B Payments B2B data analytics Fleet Cards News Oversight Systems spend analytics What's Hot In B2B

How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Estimating the risks or rewards of making a particular loan, for example, has traditionally fallen under the purview of bankers with deep knowledge of the industry and extensive expertise. But times are changing. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. By leveraging the power of automated machine learning, banks have the potential to make data-driven decisions for products, services, and operations. Read the white paper, How Banks Are Winning with AI and Automated Machine Learning, to find out more about how banks are tackling their biggest data science challenges.

Kabbage Acquires SMB Data Analytics Firm Radius

PYMNTS

Small business lending platform Kabbage has announced the acquisition of data analytics platform Radius Intelligence. The online lending platform pointed to Radius Intelligence’s capabilities in data acquisition and entity resolution, which enable its data analytics platform to analyze disparate and complex datasets, it said. With Kabbage, we can build a more sophisticated analytics solution to identify, reach and service small businesses.”

Lending Fintechs Acquire Analytics Fintechs: So What?

Gonzobanker

Fintech deals continue to dominate the financial service headlines, and a growing number of these transactions are in analytics. the acquisition of portfolio analytics provider Visible Equity for an undisclosed sum. the acquisition of pricing analytics provider PrecisionLender for a cool $510 million. nCino and Q2 executives believe analytics will add gasoline to their digital origination fires. Lending is a great area of a bank for analytics to grow from naturally.

Bankers Are Excited by Data Analytics (But Not Roboadvisors), Infosys Reports

Bank Innovation

Data analytics is the most common digital technology currently being used by banks, a new report by consultancy Infosys, released yesterday, stated. Data analytics-- which is just what it sounds liker-- is currently being used by 73% of the 1,000 bankers surveyed for the study,Read More. DataBank Premium BlockChain data analytics roboadvisors

Expense Analytics Targets The Boondoggle

PYMNTS

” There are other applications for this kind of data, though Landers said SalesTrip will have to obtain significantly larger data sets to take advantage of sophisticated data analytics technologies like artificial intelligence (AI) and machine learning. ” B2B Payments B2B business travel corporate travel CRM data analytics expense management News Salesforce SalesTrip spend data spend management T&E

Union Bank’s Head of Business Data Explains the Importance of Prescriptive Analytics

Bank Innovation

It's the combination of prescriptive data analytics and predictive analytics that the new head of business data and insights at Union Bank, Una Fox, said is key to driving growth for the bank and its savings-only platform PurePoint Financial. Artificial Intelligence Exclusive Online Open Fintech Payments Premium Retail Social Media artificial intelligence Big Data big data analytics data analytics machine learning union bank

Analytics Firm Dun & Bradstreet Launches IPO

PYMNTS

Analytics firm Dun & Bradstreet has launched an initial public offering (IPO), with Goldman Sachs & Co. IPO Albertsons Analytics Dun & Bradstreet funding Investment ipo Lemonade News pandemic Vroom Warner Music What's HotLLC, BofA Securities, J.P. Morgan and Barclays acting as joint lead book running managers, a press release says.

How Predictive Analytics Platforms Help Brands Prepare For Coronavirus Complexity

PYMNTS

The coronavirus is causing unforeseen disruptions to businesses, but predictive analytics platforms are helping them plan for the unknown. Brown says that predictive analytics platforms provide companies with “answers that are based on data, not on subjectivity.” Coronavirus News PredictHQ predictive analytics

Barclaycard Rolls Out B2B Supply Chain Analytics For Procurement

PYMNTS

Barclaycard has rolled out its Barclaycard Payment Intelligence (BPI) offering that harnesses detailed information analytics to give procurement departments a wide view of their supply chains, which allows them to save money, according to an announcement.

Bank OS Provider nCino Adds Predictive Analytics

PYMNTS

Bank operating system provider nCino is expanding its functionality for financial institution (FI) clients with the deployment of artificial intelligence (AI) and predictive analytics, the company said Thursday (Nov. Its expanded Bank Operating System offering will integrate nCino IQ (nIQ), a solution that integrates AI and machine learning to promote automation and connect users to sophisticated and predictive data analytics.

FSS Risk Analytics As-a-Service

Mobile Payments Today

With growth in omni-channel payments, avenues for fraud are growing FSS Risk Analytics As-A-Service incorporates, machine learning and event correlation to proactively contain risk

Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

One of the most powerful tools in the financial sector is data analytics. Big Data analytics reached a market valuation of $29.87 Data analytics can give banks valuable insights into their customers’ financial lives and help them offer tailored financial products. What is Data Analytics? Data analytics has many purposes in the banking industry, ranging from improving cybersecurity to reducing customer churn. Data Analytics Behind the Scenes.

How Top-Performing CUs Innovate With Data Analytics

PYMNTS

For credit unions (CUs), data analytics can deliver that insight, helping them to more effectively address their members’ specific needs, and informing CUs of the products and services that can deliver the most effective returns on their investments. In fact, credit unions that focus on data analytics are more likely to pursue a wider range of innovations than those that do not. percent of CUs that did not focus on data analytics.

How Mastercard Advisors uses AI and analytics to fuel ‘rapid experimentation’

Bank Innovation

Artificial Intelligence Carousel Daily Post 1 Premium Product Design Profiles Sales & Marketing artificial intelligence data analytics gdpr Mastercard Mastercard Advisors psd2 Test & LearnThe direct-to-consumer era of e-commerce is changing the way customers behave and is having a ripple effect on merchants’ customer outreach strategies, requiring enhanced speed and accuracy in decision making.

gA Launches Predictive Enterprise Data Analytics Platform

PYMNTS

AI- and Big Data-powered enterprise analytics solutions have become a key target for investors in recent months. B2B Payments AI B2B big data Business Technology data analytics digital Enterprise Management gA News Platform predictive analytics What's Hot In B2BDigital consulting solutions provider gA is introducing a new solution designed to help companies wield data to make better decisions. A press release issued on Tuesday (Jan.

Deutsche To Invest Billions In Automation, Analytics

PYMNTS

The company will also apply more data analytics to improve the efficiency of delivery routes and accuracy of parcel volume predictions. Investments Analytics automation Deutsche Post ecommerce expansion freight Investment logistics News profits Shipping What's HotGerman shipping and logistics company Deutsche Post DHL has investment and expansion plans to capitalize on the growing eCommerce space worldwide, according to a report from Reuters.

Kabbage Debuts Small Business Cash Flow Analytics

PYMNTS

Kabbage , which works with business analytics, has launched a new program that promises to help small- to medium-sized businesses (SMBs) calculate and predict cash flow and help them identify cash surpluses and deficits, according to a press release.

Medpricer Launches Healthcare Spend Analytics

PYMNTS

Medpricer, a technology company that targets the medical and healthcare services with cost management solutions, is rolling out a spend analytics tool. 14), Medpricer announced the launch of mSource Insights, a spend analytics solution designed to provide deeper insight into healthcare organizations’ spend on purchased services. B2B Payments B2B Healthcare Medpricer News spend analytics What's Hot In B2B

Predictive Analytics Are Retailers’ Crystal Ball

PYMNTS

All it takes is predictive analytics, a tool powered by artificial intelligence (AI), which looks at dozens or even hundreds of variables to determine what a user is likely to do next based on what he’s doing now. That’s the question that Rephael Sweary, President, WalkMe hopes his company’s new AI Predictive Analytics solution can help organizations answer. Predictive analytics can see where the latter went astray and guide them back onto the straight and narrow path to purchase.

Checkout.com buying ProcessOut to strengthen data analytics

Payments Source

London-based Checkout.com views the acquisition of ProcessOut and its data analytics platform as a complement for its end-to-end payments service, as it seeks to build strength in the European market and eyes further expansion into Asia Pacific. Asia Online payments M&A Europe

Tradeshift Adds Spendency Spend Analytics To Platform

PYMNTS

Supply chain payments company Tradeshift is teaming up with spend analytics solution provider Spendency to augment its offering, the firms said Friday (Sept. B2B Payments accounts payable B2B News spend analytics spend data Spendency supplier payments supply chain payments Tradeshift transaction data What's Hot In B2B

Eved Adds Spend Analytics To Event Procurement

PYMNTS

The tool allows companies and their event planning teams to access reports and data analytics into their event spend. “Evaluating enterprise-level event spend is incredibly complex, and data analytics is the key to unlocking improved performance,” said the firm’s CEO, founder and product architect, Talia Mashiach.

Google Cloud Collabs On Enterprise Analytics With ThoughtSpot

PYMNTS

Google Cloud has announced a partnership with artificial intelligence and data analytics firm ThoughtSpot to develop cloud analytics solutions for the enterprise. Collectively, the companies said they are focusing on data analytics challenges brought on by the trend of organizations adopting multiple clouds. a firm that provides API analytics and gateways for the enterprise.

Analyzing The Analytics Officer

PYMNTS

The chief analytics officer must navigate an increasingly complex playing field of business risk, cybersecurity, financial data, employee data, and just data, period. PYMNTS: What does a day in the life of a Chief Analytics Officer look like? JD: The most difficult part of my job is staying focused amid an increasingly complex and competitive landscape for analytics. Likewise, the competition for analytics talent is higher than I have ever experienced over my 25-year career.

New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

In this month’s Feature Story, PYMNTS talked to Jason Powers , senior vice president of administration for Ascend Federal Credit Union , about how the CU protects its ITMs with physical anti-skimming devices and behind-the-scenes digital analytics.