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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

Part of the disconnect with the Census data is that it measures averages, but nothing is ever average. The average temperature in Boston in February is 37 degrees Fahrenheit, but on Saturday it was 52 degrees. Census Bureau data reports that suggest nearly all retail sales happen in a physical store. In other words, it’s a lot.

Big Data 135
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Can Fintech Pave a Way for Financial Inclusion?

Bank Innovation

Federal Reserve Governor Lael Brainard addressed barriers to financial inclusion at a conference hosted by the Boston Fed and the Aspen Institute in Boston on Oct.

Boston 186
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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

Three Finovate alums brought in new cash: Kreditech raised $11 million for its banking and lending services for the underbanked. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Automated lending solutions for financial institutions. Automated lending solutions for financial institutions.

Company 12
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Online consumer lending. Data analytics for financial services companies. Person-to-person small biz lending platform. Multi-family lending management. Multi-family lending management. Tags: SMB, enterprise, commercial lending, non-residential real estate, underwriting, investing. Source: Finovate.

Company 12
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Fintech Fundings: 38 Companies Raise $220 Million the Second Week of June

Fintech Labs Insights

CrowdFlower tapped Microsoft to lead a $10 million round to further its big data analytics. Data analytics platform. HQ: Boston, Massachusetts. Tags: SMB, lending, alt-lender, commerical loans, trade finance, billing, invoicing, cash flow, working capital. Buzz Points grabbed $1.8 Alt-lender and payments.

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Fintech Fundings: 20 Companies Raise $300 Million Week Ending July 17

Fintech Labs Insights

Source: Boston Business Journal. Big data analytics for financial institutions. Tags: Data analytics, business intelligence, BI. Total raised: $45.1 Source: Finovate. Online alt-lender. HQ: Palo Alto, California. Latest round: $35 million. Total raised: $42.7 Source: Crunchbase. AcadiaSoft. HQ:Pembroke, Massachusetts.

Fintech 12
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B2B Investors Set Sights On Data, AI, Analytics

PYMNTS

In what’s becoming an increasingly popular theme for B2B startup investors, this week’s funding rounds for B2B startups largely centered on tackling data silos and empowering the enterprise with the insights that data can provide. Existing partners of the FI including Coinbase and online lending platform Affirm.

Analytics 176