Remove Big Data Remove Innovation Remove Operations Remove social media
article thumbnail

The big data boom – what it means for banking

NCR

Big data has been one of the tech industry’s most popular buzzwords for a few years now. But as the number of data sources grows and technology to process it becomes more powerful, the trend is changing from a nice-to-have addition to becoming an essential part of any company’s offering. Fighting fraud.

article thumbnail

Google Quits Cookies As Data Privacy Regs Show Fangs

PYMNTS

That’s a bad moon rising for some Big Data operators. In the middle are the consumers whose data fuels eCommerce, social media and basically the entire internet as we know it. This whole field of players now faces a growing throng of government entities pushing for consumer privacy clampdowns.

Google 288
Insiders

Sign Up for our Newsletter

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

article thumbnail

Coffee Proving To Be Latest Battle Ground For Tencent And Alibaba

PYMNTS

In addition, the companies plan to look into payment innovation, such as facial recognition technology and robotic delivery. As of now, Luckin Coffee already offers some innovative technology: Customers can monitor the progress of their orders through a livestream and have them delivered in an average of just 18 minutes.

Big Data 101
article thumbnail

Rethinking The SME Loan Underwriting Model In Southeast Asia

PYMNTS

In exchange, Grab gains greater visibility into SMB operations and performance. “By A merchant’s interaction with the platform, via merchant value-added services and channels including delivery drivers, front end app screens, also creates useful touchpoints that can be leveraged for data collection, verification and document delivery.

Data 193
article thumbnail

Data, Security Monopolize B2B Funding Rounds

PYMNTS

“It’s a huge anomaly,” said Small Business Administration Head of Innovation and Investment Mark Walsh, referencing the ability for startup founders to make it without venture capital. Data & Business Intelligence. Featurespace wasn’t the only startup this week operating in the data analytics game.

Security 100
article thumbnail

The bank as a technology company – is this the future of financial services?

NCR

Therefore, BBVA has sought to guard against this threat by transforming its operations to be more technology-focused, both by improving the internal products and services it offers to customers and by bringing in outside expertise. Being able to integrate customer data with innovative new digital services will also be essential.

article thumbnail

Worried About Digital Fraud Now? Just Wait For The Implants.

PYMNTS

There may come a day, a generation or two from now, when stories about the data breaches and other hacking threats faced by payments and commerce operators in 2018 seem quaint — or, at the least, like relatively primitive foreshadowing of a new type of digital criminality. It’s already happening, of course, albeit tentatively.

Fraud 176