Bank Innovation

SEPTEMBER 8, 2016

The technology presented ranged from the latest in biometrics, including voice and facial recognition, the latest in how to create insights for big data use–and Read More. Today FinovateFall debuted in New York, where thirty-nine fintech companies debuted their newest toys to an appreciative, fintech-hungry audience.

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Bank Innovation

APRIL 9, 2018

EXCLUSIVE – Interested in the latest trends in payments, digital banking, blockchain technology, API, security, big data and all the other hot topics in the fintech space? Come join Bank Innovation’s Telegram Group.

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Insights on Business

JUNE 18, 2019

In this series of blogs, we will focus on four transformative technologies with emerging risk applications that can help banks and financial institutions grow profitability and protect the enterprise. Each technology is at the start of an enormous adoption growth curve, and has been the subject of intense discussion.

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Accenture: Banking

JUNE 17, 2020

The post Sustainable finance starts with data and technology appeared first on Accenture Banking Blog. Research from Accenture, Hermes and non-profit disclosure advocate CDP identified environmental risks with a combined potential impact of $699bn.

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Cisco

APRIL 26, 2022

The future of financial services will be shaped by the ability of financial institutions to extract and deliver more customer value from data. The convergence of mobile, cloud, and IoT technologies continues to create new opportunities for institutions to deliver personalized and contextual financial services.

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PYMNTS

MAY 15, 2019

In this environment, blockchain has surfaced as a technology heralded by many as the disruptive force that can address some of the modern threats to supply chains, from cyberattacks to vendor risks. One of the biggest selling points of distributed ledger technology (DLT) is its ability to preserve the integrity of data.

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PYMNTS

JULY 7, 2020

Palantir Technologies is the latest in a recent flurry of tech companies to signal plans for a potential IPO. Known as the oldest startup in Silicon Valley, the data analytics software company said in a press statement that it has filed confidential paperwork with the U.S.

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Chris Skinner

MARCH 20, 2016

I’ve been illustrating my frustration with incumbent banks for some time, saying that they lack technology leadership. Almost a third of my new book talks about the biggest challenge for banks to respond to Fintech, Big Data, Cloud, Blockchain and all those other issues is to have leadership.

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PYMNTS

FEBRUARY 27, 2019

Michael Sassoon, CEO of banking and technology firm Sasfin , recently told PYMNTS about some of the country’s biggest hurdles in small business FinServ — and what technology innovators hope to do about them. Challenges like these are a breeding ground for technological innovation, and Sassoon pointed to Industry 4.0

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Bobsguide

JANUARY 10, 2018

Global technology consultancy DataArt expects to see a handful of financial technology (fintech) trends that emerged in 2017 to strengthen significantly in 2018. In particular, the growth of Artificial Intelligence (AI) in the industry will be exponential for three main reasons; hugely increased.

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Perficient

JUNE 5, 2020

Others had concern over the direction HCL would take with their efforts to rejuvenate the platform in the market and feared that HCL would develop their own software to help expand the platform in areas of AI, machine learning, big data, cloud native and many other areas that are critical to the future of commerce platforms.

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PYMNTS

MAY 10, 2018

To reduce markdowns and break out of a lull in sales, H&M is turning to artificial intelligence (AI) and Big Data to tailor its merchandising mix in its brick-and-mortar stores. H&M is utilizing the technology in a store located in an upscale section of Stockholm, Sweden.

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PYMNTS

AUGUST 30, 2016

Andy Brown, NCR’s marketing director of payments, says IoT and other emerging technologies are critical to this initiative, especially in B2B commerce and payments. Today, any shopper on Amazon can make a purchase and then automatically be recommended similar products they might enjoy, thanks to data analytics technology.

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Perficient

MAY 5, 2022

We knew that we could help optimize the debt collections process, reduce loan loss rates, and increase customer loyalty by leveraging a highly personalized and humanized approach to lending that combines process reengineering and technology throughout the customer journey. A Pathway to Improved Loss Rates and Happier Customers.

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Abrigo

OCTOBER 4, 2017

Instead of being afraid of the changes that artificial intelligence and machine learning will have on accounting, accounting professionals should be excited, argued Marr, author of Data Strategy: How to Profit from a World of Big Data, Analytics and the Internet of Things and Key Performance Indicators for Dummies.

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Abrigo

DECEMBER 2, 2015

The following is an excerpt from the Sageworks whitepaper "The Automation Revolution: How Technology is Changing the Way Firms Operate". As consumers adopt the latest technology, businesses must do the same in order to provide services and customer experiences that align with today’s technology. shifted to 2.0

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Perficient

OCTOBER 15, 2020

The world of modern data and analytics continues to evolve and is very exciting. The change really began in earnest about 10 years ago with the introduction of Hadoop and big data processing. While this explosion of data use cases started on premises, it is most certainly migrating to the Cloud as the primary platform.

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PYMNTS

JULY 31, 2018

The Spotify-Metallica set list effort, while new from one angle, also represents the application of “big data” to a longstanding tradition of crafting set lists to appeal to specific markets via the use of such info as radio playlists and requests. It’s not as though big data is getting any smaller. Similar Efforts.

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BankInovation

APRIL 13, 2021

Julius Technologies won judges over with its big data analytics tool in this year’s Bank Automation Ignite DEMOvation challenge today. based Julius Technologies uses a proprietary framework that automates the building and support of a data architecture for […]. The Middletown, Del.-based

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Payments Source

NOVEMBER 1, 2018

As mega data collaborations among multinational companies threaten to dominate payment technology, developers are digging even deeper into decentralized models as a workaround to sell both greater data analysis and more security.

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Payments Source

MAY 7, 2019

Every organization has some kind of plan for the future, but advances in technology, cyber threats, changes in regulation and political uncertainty make it extremely difficult to plan for what lies ahead, writes Ian Stone, CEO of Veualta.

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PYMNTS

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely. “A

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PYMNTS

AUGUST 21, 2020

Palantir licenses the Foundry and Gotham software and offers offline technology help as well as cloud computing offerings. Its technology is meant to assist in examining information. And, in June, Palantir Technologies Inc. The company reportedly had 125 customers in the first six months of this year.

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PYMNTS

FEBRUARY 12, 2018

Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008. Census Bureau data reports that suggest nearly all retail sales happen in a physical store. percent in 1947.

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PYMNTS

APRIL 13, 2020

Because of lengthy supply chain lead times, but AI allows them to adjust along the way as the technology detects patterns in the data and separates signals from noise,” said Geoff Watts, CEO of retail technology firm EDITED. “By I think what retailers will find is that really good AI technology just disappears,” Watts said.

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PYMNTS

JUNE 12, 2020

Palantir Technologies , the Palo Alto, California-based Big Data analytics company, is planning to go public soon and could be trading as early as this fall, sources told Bloomberg News.

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Insights on Business

DECEMBER 7, 2017

In a landscape where new technology arises, gets implemented and goes mainstream in a heartbeat, I wanted to cover five of the most impactful trends currently impacting the FinTech industry today: 1. Banks could be positioned to regain dominance in this area due to the amount of data they’ve collected over the years and have barely touched.

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Bank Innovation

OCTOBER 22, 2018

The combination of smartphone apps, big data, artificial intelligence, and cloud technology holds out intriguing possibilities in financial services,” Brainard said in her keynote speech. But no single […].

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PYMNTS

DECEMBER 5, 2017

Through improving technology and decreasing costs, AI and Big Data are now combining to help firms in the financial sector prevent payments fraud. The Stage was Set with Big Data. Certainly, the mountains of data are becoming larger by the day.

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PYMNTS

MARCH 20, 2020

Banking giant HSBC and Cainiao Network Technology, which is a logistics arm of Alibaba Group , have announced they will offer rapid finance approvals to online merchants that use Chinese shopping site Tmall, according to reports. There won’t be any need for documents or collateral to get the loans, the paper said.

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Chris Skinner

APRIL 26, 2017

For years, we hear waves and waves of technology change. There’s client-server computing and data warehousing. There’s Big Data and mobile. Now there’s artificial intelligence, machine learning and data analytics. There’s object orientation and service oriented architecture.

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PYMNTS

SEPTEMBER 19, 2019

Supply chain management has morphed into a strategic business initiative combining technological adoption, event forecasting and even politics: awareness of its complexities has never been higher thanks to threats of a trade war between the U.S. Technology to the Rescue — Maybe. Inaccuracy of [a] forecast is unpardonable.”.

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PYMNTS

JUNE 27, 2018

Now, as financial institutions (FIs) embrace Big Data and the algorithms, the idea of applying context to banking transactions stands to gain more popularity and profit potential. The goal of the technology is to determine, via business data, the “best-next” actions for banking clients.

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Bank Innovation

OCTOBER 5, 2016

Some words that should no longer surprise you, because this technology is only growing stronger: in blockchain news, there’s a new player on the block… chain. Doing it, moving on: Blockchain-for-data company Factom Inc. has just raised $4.2M in a Series A, in a round of eleven investors—plus or minus Read More.

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PYMNTS

APRIL 2, 2020

One of the most powerful tools in the financial sector is data analytics. Big Data analytics reached a market valuation of $29.87 Data analytics can give banks valuable insights into their customers’ financial lives and help them offer tailored financial products. Data Analytics Behind the Scenes.

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Bank Innovation

MAY 30, 2017

Technology in the world of finance is advancing across the globe, but some countries are adapting faster than others. Places like China, the United Kingdom, and Israel are all currently in the midst of a tech boom, which is why it’s a good idea to keep an eye on some of the startups taking the charge. The […].

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Bank Innovation

MARCH 31, 2017

The number of insurtech firms with a focus on big data, artificial intelligence, and the Internet of Things has skyrocketed in recent years, with those firms attracting nearly half of the total funding spent globally on insurtech.

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