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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.

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Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. One of the most powerful tools in the financial sector is data analytics. Big Data analytics reached a market valuation of $29.87

Analytics 237
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Tencent Plans $70B Spend For AI, Cybersecurity, IoT Tech

PYMNTS

The Chinese tech giant wants to capitalize on an initiative from Beijing, which announced it wanted to bolster the country’s technology infrastructure in the next few years. Tencent said the coronavirus pandemic had hit cloud-based companies hard, but the eventual outcome would likely be in the favor of digitization.

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Top 10 Things You Didn’t Know About Data & Analytics in the Oracle Cloud

Perficient

The world of modern data and analytics continues to evolve and is very exciting. The change really began in earnest about 10 years ago with the introduction of Hadoop and big data processing. While this explosion of data use cases started on premises, it is most certainly migrating to the Cloud as the primary platform.

Analytics 332
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The bank as a technology company – is this the future of financial services?

NCR

With more competition from emerging fintech players and new technology such as mobile and artificial intelligence demanding banks rethink how they deliver services to consumers, some companies are now looking to question how banks should define themselves in today’s market.

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GAC, Tencent Ink Deal To Create Mobility Company

PYMNTS

At the time, GAC said it wanted to access Tencent ‘s knowledge in digital payments, social media, Big Data and AI. Tencent, which operates WeChat, the hugely popular messaging app in China, has been diversifying its business with a focus on enterprises.

Company 100
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Frightful Five: The Apple Update That Pays

PYMNTS

Amazon takes another swing at Etsy, Apple catches up in the proprietary Pay game and Facebook matriculates a new generation of social media users with its new Messenger product for kids — this and more of the latest news from the Frightful Five, just in case you missed it. Microsoft.

Apple 111