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Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. Every interaction tells banks what customers actually want, meaning FIs just need the right tools to interpret this data. Data Analytics Behind the Scenes.

Analytics 237
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How Nearshore Software Development is Helping Healthcare Companies Innovate

Perficient

Technology solutions to apply alternative care methods, process sensitive data, and improve the overall consumer experience have been ingrained in the healthcare industry long before the arrival of COVID-19. Agile has been a part of the Perficient Latin America operational DNA from the beginning.

Software 294
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Machine Learning and AI ‘Crucial’ to Fighting Fraud, Research Shows

Banking Exchange

Online payment fraud could cost companies more than $200 billion over four years, finds Juniper Research Risk Management Technology AML & Fraud Cyberfraud/ID Theft Compliance/Regulatory Operational Risk Big Data Security Online Cards BSA/AML Feature3 Feature Financial Research Payments.

Fraud 97
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AFP 2014

Celent Banking

Perhaps reflecting the post-recession environment in which US corporates operate, I noticed little talk of traditional cash management topics like optimized sweeps or new investment vehicles. Rather, most of the buzz seemed to be around risk management, Big Data, and treasury dashboards.

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OCC keeps focus on bank/fintech partnerships

CFPB Monitor

Mr. Hsu also raised concerns about unknown risks or “nasty surprises” arising out of bank-fintech arrangements. This approach is expected to enable a clearer focus by the OCC on risks and risk management expectations.

Fintech 146
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Uncovering the Hidden Efficiencies in Loan and Deposit Operations

Gonzobanker

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

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Why fragmentation of the global data supply chain poses risks to financial services

BankUnderground

But potential fragmentation of the global data supply chain now poses a novel risk to financial services. In this blog post, we first discuss the importance of data flows for financial services, and then potential risks from blockages to these flows. Big Data and financial services. 15 of this report ).

Data 131