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Big Data Explosion

Cisco

The reality is that most institutions must reduce the complexity of managing large pools of data, much of it still decentralized, while simultaneously supporting the need to extract a broader range of business insights from structured and unstructured data. Creating new customer value from AI.

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FinovateFall Day 1: APIs, Biometrics, Big Data Analytics

Bank Innovation

Today FinovateFall debuted in New York, where thirty-nine fintech companies debuted their newest toys to an appreciative, fintech-hungry audience. The technology presented ranged from the latest in biometrics, including voice and facial recognition, the latest in how to create insights for big data use–and Read More.

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The Partnership Series – Volume Three: Fintechs, Big Data, and Third-Party Risk Management

Jack Henry

While there are advantages to partnering with fintechs and other third-party vendors, increasing the number of these relationships comes with its own set of strategic, tactical, and regulatory challenges.

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OCC keeps focus on bank/fintech partnerships

CFPB Monitor

Since the beginning of Michael Hsu’s tenure as Acting Comptroller of the Currency, bank/fintech partnerships have been a focus of OCC concern. Mr. Hsu also raised concerns about unknown risks or “nasty surprises” arising out of bank-fintech arrangements.

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A new era of technology enabled financial risk management (Part 1)

Insights on Business

Risk management professionals are comfortable with ideas about growth curves and early versus late investment. In the IBM white paper “ A new era of technology-enabled financial risk management ,” discover in greater detail how to apply emerging technologies to help modernize risk management capabilities.

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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

B2B FinTechs in the U.S. This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. Supply Chain Management.

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Big Lenders Need Help With Big Data, Too

PYMNTS

Traditional banks now realize the value in working with FinTech startups, augmenting their own service offerings by integrating the innovations of others. Data, Horrocks noted, is today an especially poignant point of friction for financial institutions in the lending process. But it’s not necessarily a new phenomenon.

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