Post Tagged with: "Analytics"

AI and the IoT will Change Fintech by 2021, But Blockchain’s Not Ready

AI and the IoT will Change Fintech by 2021, But Blockchain’s Not Ready

by September 22, 2016 at 10:06 am 0 comments

A new report says artificial intelligence and IoT are going to transform fintech before blockchain, which still has some growing up to do. The rise of AI and the Internet of Things (IoT) is happening rapidly—and according to a Forrester Research report released earlier this month, these are the two technologies thatRead More

Bank of America, MasterCard Tap Real-Time Email Interactions

Bank of America, MasterCard Tap Real-Time Email Interactions

by December 29, 2015 at 5:23 pm 1 comment

It’s not only mobile usage and transaction data that is of interest to financial institutions — they want to be able to interact with customers, even through the medium of email. A Cupertino, Calif.-based company called LiveClicker began offering real-time email interactions last summer and has so far netted at leastRead More

Here’s a Peek at ING’s Fintech Focus

Here’s a Peek at ING’s Fintech Focus

by September 9, 2015 at 11:37 am 0 comments

Those Dutch know how to fintech. From Rabobank to Adyen to ABN Amro (or at least before it imploded with the credit crisis), the Netherlands has been a global spark for fintech evolution in recent years. Which is why ING Groep NV‘s fintech strategy deserves a look. Today, the DutchRead More

The Rise of the Fintech Intermediary Ecosystem

The Rise of the Fintech Intermediary Ecosystem

by July 7, 2015 at 4:02 pm 1 comment

Here’s a quiz for you: Which commands a greater price today: A) a financial product; or B) the distribution of that financial product? If you answer B, then you were right — or you work at Xignite. Xignite, which is raising a new round of funding, has made its business beingRead More

TransUnion’s Database on Consumers Grows 25% — Every Year

TransUnion’s Database on Consumers Grows 25% — Every Year

by April 6, 2015 at 6:45 am 1 comment

Do you know what a petabyte is? Well, TransUnion — which filed for an IPO last week — has 30 of them, and that number has been growing 25% every year since 2010. Those 30 petabytes (1 million gigabytes, for those of you who are not “Big Bang Theory” cast members)Read More

Analyze This: Improving Consumer Engagement Through Customer Analytics

Analyze This: Improving Consumer Engagement Through Customer Analytics

by February 3, 2015 at 8:00 pm 0 comments

Big data and customer analytics have and continue to be hot topics in retail banking. According to Bob Meara, senior analyst with Celent’s Banking practice, “62% of financial institutions in a recent Celent survey strongly believe that customer analytics offers significant competitive advantages and 53% strongly feel they need aRead More

Using Behavioral Analytics in Banks’ Digital Content

Using Behavioral Analytics in Banks’ Digital Content

by January 6, 2015 at 10:18 am 1 comment

How can banks know what customers really want? Many banks plan to further invest in digital in 2015. It makes sense – digital is immediate, it’s always on, it’s a cost saver – and it pleases customers. The key is to give customers what they need, not only what they say they need. Behavioral economics research allows us to do this and to differentiate between declared and revealed preferences – what customers say they want, vs. what they really want – to engage with customers in a meaningful manner.

Mining Your ATM Data: Extracting the Maximum ROI

Mining Your ATM Data: Extracting the Maximum ROI

by September 20, 2014 at 9:00 am 1 comment

You know your ATM data is a goldmine. But now what do you do about it?

Never Mind Apple’s Stance, Data Remains a Core Payments Pursuit

Never Mind Apple’s Stance, Data Remains a Core Payments Pursuit

by September 16, 2014 at 10:26 am 0 comments

For Apple, privacy means not even securing data, but abstinence from it. What about the rest of the fintech world?

What’s the Hidden Strategy Behind the Belly and Level Money App Updates?

What’s the Hidden Strategy Behind the Belly and Level Money App Updates?

by August 15, 2014 at 10:48 am 1 comment

What’s the message behind the major two major updates of fintech apps this week? Belly and Level Money, two upstart fintech apps, released major upgrades this week — Belly yesterday and Level Money on Wednesday. Belly, a rewards app, added a feature called Belly Bites, where users can redeem freeRead More