Post Tagged with: "Big Data"

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

Hot Hashtag: Why Are We So Excited About #BigData?

Hot Hashtag: Why Are We So Excited About #BigData?

by August 30, 2016 at 11:25 am 1 comment

#BigData is not a phenomenon unique to fintech: basically every consumer-focused service with the money to do so has been utilizing it since the term was first coined in the late 90s; or even before that point, really, as using data to make decisions is the literal definition of deductiveRead More

What Data Feeds Your Robo-advisor?

What Data Feeds Your Robo-advisor?

by August 24, 2016 at 2:02 am 1 comment

Much like vegetables, we should all be concerned with the Kind of Data and the Quality of Data. Choices of data (and veggies) abound and we need to pick the appropriate set-combo. Quality of Data is a more complex issue that troubles mostly risk managers and regulators but should alsoRead More

Top 5 Fintech Fundings: Credit Scoring in China and AI for the Stock Market

Top 5 Fintech Fundings: Credit Scoring in China and AI for the Stock Market

by April 11, 2016 at 12:57 pm 1 comment

Last week this space saw much of the largest fintech funding rounds taking place outside the U.S. That trend continues this week, with some San Francisco-grown AI thrown into the mix. This week we witnessed a major push forward in the process of collaboration between financial institutions (FIs) and startups. ThisRead More

Prophis Tech: Data hides value, Dependency graphs tell stories, NO More Blind Spots! 

by October 19, 2015 at 3:59 am 0 comments

The art of investing is based on data analytics and `human judgment`. More than half of what we include within the latter human part, can actually be derived from better data analytics. Products and services from Big Data provider companies, are selling improved solutions and decision making tools that reduceRead More

After 5 Years in Subprime, ZestFinance Elbows In to Near-Prime Personal Loans

After 5 Years in Subprime, ZestFinance Elbows In to Near-Prime Personal Loans

by July 16, 2015 at 10:41 am 0 comments

After five years plying the subprime lending sector, ZestFinance is finally moving into near-prime credit for debt consolidation. Known for its Big Data-driven loan underwriting for deep subprime customers, ZestFinance launched a near-prime personal loan product yesterday called Basix. This is just the company’s second direct loan product for consumers. Its first wasRead More

Top 5 Reasons to Read Ron Shevlin’s New(ish) Book

Top 5 Reasons to Read Ron Shevlin’s New(ish) Book

by May 22, 2015 at 11:28 am 1 comment

In a sense, if you’ve been reading Ron Shevlin’s Snarketing 2.0 blog, now part of The Financial Brand, you have already read his book Smarter Bank, published Jan. 30. Much of the material is familiar, but lacking the vibrant comment section that followed those online posts. So why would anyone in FinTechRead More

Coolest Brands 2015: XigniteAggregation for Aggregators

Coolest Brands 2015: Xignite

Aggregation for Aggregators

by March 15, 2015 at 9:54 am 1 comment

Building a data-driven financial services company? You will probably end up calling Xignite at some point. The San Mateo-based startup offers on-demand financial data from the cloud to companies such as Yodlee, eToro, Personal Capital, Betterment, and Wealthfront. These are companies selling aggregation services — and doing so by wayRead 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

How to Build a Better Bank App [SLIDESHOW]

by January 15, 2015 at 10:10 am 3 comments

This slideshow from ING data analytics specialist Natalino Buso lays out how to build a better banking app using APIs and data.