article thumbnail

Watson Marketing Delivers a Competitive Edge that Financial Institutions can Bank On

Insights on Business

Pressures stem from a myriad of sources: competition from fintechs; unrelenting regulatory environment; associated costs of compliance (or non-compliance!); Using Watson Marketing analytics, data sources such as images, video and social media can be coaxed to reveal insight. Maximize personalized upsell and cross-sell opportunities.

Marketing 156
article thumbnail

Vocalink On The Grim Facts Behind Financial Crime’s $1.4T Toll

PYMNTS

The advantage lies in the rich data that is available, and where technology can help in real time — and it’s well-known that artificial intelligence (AI) and Big Data are recent developments that can help effectively wage war against criminals. Optimizing The User Experience.

Fraud 149
Insiders

Sign Up for our Newsletter

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

article thumbnail

Sowing The Seeds Of Agriculture Banking Modernization

PYMNTS

the agriculture sector is widely ignored by big banks and FinTechs. In B2B supply chains, financing and payments are intrinsically linked, a fact that guided the bank’s user experience strategy. But today, in some markets like the U.K., payment schemes, including Faster Payments.

Industry 131
article thumbnail

Artificial Intelligence is a game-changer, but are you AI-ready?

Insights on Business

So TCB wanted to look at external and internal data performance that would allow them to better source clients and to better identify, rank, and match clients to their portfolio–improving overall customer relationship management. Trust was a key component for achieving success on a variety of fronts.

Las Vegas 155
article thumbnail

Fintech with The Jetsons at FinovateFall 2016

Fintech Labs Insights

It’s 2016, and the red hot fintech sector has evolved immensely since Finovate first launched 10 years ago. With tech companies such as Uber and Venmo setting a higher bar for user experience, consumer expectations have also evolved. Underwriting has advanced thanks to the availability of big data.

Fintech 12
article thumbnail

MacGyver-izing Your Enterprise for Digital Transformation

FICO

I intentionally make a distinction between the two because “digital disruption” means more just all-digital start-ups: seeing the success Fintechs and InsurTechs are enjoying, experts report that 85% of your long-standing traditional banking and insurance competitors are busy transforming themselves for the digital battlefield. Not anymore.

article thumbnail

The Favorites of FinDEVr 2017 New York

Fintech Labs Insights

Our second developers conference in New York was a great opportunity to take a look at some of the technologies that continue to drive fintech innovation forward. MapD for its database and visualization layer that transforms Big Data into immersive, instantaneous, and actionable analytics. Day One Attendee Favorite.