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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.

Analytics 270
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10 Reports every bank and credit union should run NOW

Abrigo

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions.

Report 195
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Survey: US Consumers Bargain Hunting, Not Hoarding Now

PYMNTS

Shoppers are making more trips to dollar stores, stocking up on store brands and bypassing snacks and sodas at convenience stores, according to a CNBC report that cited IRI , the Chicago-based data and analytics provider reported. Last week, PYMNTS reported nonfarm jobs fell by 20.5 percent, up from a 50-year low of 3.5

Survey 131
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Data Analytics Changes The Working Capital Management Paradigm

PYMNTS

AP and AR automation initiatives are becoming commonplace amid the pandemic, according to a survey that found 48 percent of businesses have fast-tracked their digitization efforts. How Advanced Analytics Are Helping Businesses Handle Capital Management Changes. Developments From Around The World of Back-Office Optimization.

Analytics 155
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MatrixCare Targets Niche Healthcare Market With Analytics Tool

PYMNTS

MatrixCare, a technology provider with a targeted focus in the healthcare industry, is rolling out new data and analytics solutions for its clients. On Thursday (June 29), the company announced the availability of two new solutions, MyAnalytics and MyData, available through the MatrixCare Analytics Suite of offerings, for this niche market.

Analytics 162
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LevaData Eyes Procurement’s Slow March Toward Data Analytics

PYMNTS

While executives may understand the importance of key technologies like data analytics, artificial intelligence (AI) and machine learning (ML) to improve their processes, they don’t always turn that understanding into actionable adoption of those tools. They attribute data analytics to heightened efficiency and reduced costs.

Analytics 153
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Is Your Financial Institution Data Driven? Survey says, ‘Probably Not’

Celent Banking

Data analytics is not a new pursuit. But owing to the inherent complexity of advanced data analytics platforms, experience with data analytics has been the domain of only the largest organizations. Well, that depends on what you mean by data analytics. But are they? What gives? I think there are at least two reasons.

Survey 202