Post Tagged with: "data"

Three Market Opportunities In Insurance Asset Management

Three Market Opportunities In Insurance Asset Management

by November 19, 2016 at 1:00 am 1 comment

The asset management side of insurance business is a sleeping beauty that hasn’t awoken to the Fintech drumming. Apart from the regulatory driven involvement due to Solvency II ( covered here) I have not seen any laser focus from Fintechs in the asset management part of insurance businesses. Naturally, lowRead More

Data Keeps Customers Safer, But Access to It Has Become a Battle

Data Keeps Customers Safer, But Access to It Has Become a Battle

by October 27, 2016 at 11:37 am 1 comment

In the Age of Information, companies that have made data their business are getting more competitive as they seek to tame the mountains of available data into useful, actionable insights and answers. The banks have the data. Fintech startups want it, and argue it is better for customers, but of course,Read More

Enriched Data Leads to a Better Breed of Personal Financial Management Tools

Enriched Data Leads to a Better Breed of Personal Financial Management Tools

by August 12, 2016 at 11:53 am 2 comments

Context is king in financial services today. The rich data delivered around transactions, particularly from mobile devices, is fueling the growth of a new breed of personal financial management. On Tuesday, data aggregation and analytics platform Yodlee, an Envestnet company, made a further advancement in delivering contextual information to customers while protectingRead More

Why Doesn’t Your Bank Know You Use Uber?

Why Doesn’t Your Bank Know You Use Uber?

by July 14, 2016 at 11:26 am 1 comment

Have you ever received a piece of mail from your bank offering something completely irrelevant, like a home loan just months after you’ve bought a house? You’d think this would be a thing of the past with the data banks have access to, but it’s still happening in the digital age.Read 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

Mega Social Media Data for Financial Services Has Arrived

Mega Social Media Data for Financial Services Has Arrived

by May 7, 2015 at 11:24 am 2 comments

It wasn’t too long ago that the suggestion that social media data could feed financial services underwriting and products was, well, dubious. Yes, we paid it lip service — isn’t it cool that OnDeck and Lenddo are using social media to make loans? The lip service ends today. Like a slow-moving glacier thatRead 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

Bank Innovation, Open Bank Project Form API Research Partnership

Bank Innovation, Open Bank Project Form API Research Partnership

by March 16, 2015 at 11:16 am 5 comments

Bank Innovation has teamed with the Open Bank Project to conduct a research initiative surrounding the use of APIs in banking. Specifically, Bank Innovation and the Open Bank Project will undertake a research survey to better understand how banks worldwide are prioritizing API initiatives and why. We intend for the query to uncoverRead 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

Google Sticking It to Softcard Users

Google Sticking It to Softcard Users

by February 25, 2015 at 10:24 am 1 comment

Softcard users will get no love from Google in the wake of the search giant’s acquisition of the telco-built mobile wallet platform. In an FAQ published since plans for the acquisition were announced last Monday, Google disclosed that no user information stored in Softcard will be transferred over to Google Wallet.Read More