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Big Data Explosion

Cisco

Capturing these opportunities however is a multidimensional challenge requiring a broad set of data-related structures and competencies. These include institution-wide standards for data infrastructure, governance, and security, as well as business- specific needs related to data acquisition, data science, compliance, and more.

Big Data 148
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Big Lenders Need Help With Big Data, Too

PYMNTS

.” Financial institutions today are also struggling to connect the dots between all of the ways they use data analytics to mitigate risk and add value to their lending operations, added Horrocks. He offered the example of banks using analysis of financial statements to assess risk in the loan origination process.

Big Data 195
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Corporate Payments Firm AccessPay Secures US Backing

PYMNTS

Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. AccessPay’s platform solves a big pain point for large corporates.” ” Beringea, based in both the U.K. and U.S.,

Security 143
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Redefining banking through AI and big data

NCR

The answer comes down to understanding that AI is an umbrella name for multiple technologies built on big data and neural networks. Security is one of the main concerns of online banking, and automated systems are prone to hacking unless properly secured. Fraud detection. Image credit:iStockphoto/BeeBright.

Big Data 111
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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

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. B2B FinTechs in the U.S. and India seem to be an unshakable force these days.

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Uncovering the Hidden Efficiencies in Loan and Deposit Operations

Gonzobanker

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

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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.