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Using a big data approach to overcoming banking regulatory requirements

Insights on Business

IBM RegTech Innovations. Continued innovation in big data technology makes it possible to extend it into new sectors, such as risk management. The result is the ability to compute risk analytics on larger volumes of more complex data in a much shorter timeframe. The benefits of innovation.

Big Data 151
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Big Data Explosion

Cisco

These include institution-wide standards for data infrastructure, governance, and security, as well as business- specific needs related to data acquisition, data science, compliance, and more. Recent cloud innovations, like Data Cloud solutions, specifically target big data in the cloud.

Big Data 134
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Top 4 Fintech Funding Rounds: MissFresh e-commerce, Collibra, Dwolla, Habito

Bank Innovation

Fintech got a fresh flush of capital this week, with some old favorites joining newer names all with innovations in big data, e-commerce software, compliance, and many more.

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Is Online Lending Ignoring Big Data Risks?

Bank Innovation

Elevate Credit Inc., which is pining to get to an IPO, today announced that it hired a new chief information officer. Joan Kuehl, who is the online lender’s first CIO, has extensive experience, having worked at Travelers and Bank of America — so it deserves notice when her first pronouncements Read More.

Big Data 150
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3 Fintech Data Analytics Startups to Watch

Bank Innovation

Financial institutions harnessing the power of big data must glean meaningful insights from many disparate data sets. Several startups helping banks and financial institutions make sense of data, alternative and otherwise, have emerged.

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BNP Paribas Wants to Innovate Smarter and Harder, But Not Necessarily Faster

Bank Innovation

French bank BNP Paribas doesn’t need to be the first bank to announce innovation—it just wants to be the one that’s best at executing it. “We We have a lot of brain power, a lot of computer power—and that computer power is getting cheaper and cheaper—and we are sitting on a pile of data,” Bruno D’Illiers, […].

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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.