Sat.Apr 17, 2021

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Destroying Gender Stereotypes In The Financial World

BankBazaar

Stereotypes have plagued our lives for years now, and finance is no exception to this phenomenon. Here are some gender-based stereotypes broken and crushed once and for all! Human society is very complex in its intrinsic design, and while this complexity has a lot of remarkable elements to it, it isn’t free from certain negative elements. Stereotypes may have come about due to some common patterns in history, but they have little relevance in the modern world today.

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Haunted by shame: victims of bank transfer scams tell of lasting trauma

TheGuardian

Fraud can have devastating consequences on victims, and not only financially Mary Higgins’s life changed the moment the phone rang one afternoon in November. The caller claimed to be from the Metropolitan police fraud department and told her that her bank cards had been compromised. In an elaborate scam, involving two days of phone calls from fake officials, the 78-year-old was persuaded that she was helping police with a money-laundering sting in which her bank was complicit and agreed to trans

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SAP sets up dedicated financial services unit | Walmart files for trademark for FinTech unit: ‘Hazel by Walmart’? | Microsoft buys Nuance for $16B

Bussman Advisory

FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: SAP retreats from Financial Services, spins off IP & staff to a partner Walmart files for trademark for FinTech unit: ‘Hazel by Walmart’ Microsoft buys speech recognition firm Nuance in a $16 billion deal.

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The Nerd Oscars: 24 Best Data Science Moments in Movies

FICO

You can’t have a gathering of FICO people without things getting kind of nerdy fast. It’s just part of the company’s DNA, a culture that attracts people who live for mathematics, analytics , simulation , optimization , decision modeling , and decision management. Walk into a conference room, and you’ll hear data scientists talking about hyper-parameter optimization and debating the finer points of traditional gradient descent vs.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper