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Top ten fintech opinion pieces in 2016

Crowd Discussion Survey

Look back at some of the most interesting and thought-provoking opinion pieces on all matters fintech published by Banking Technology in 2016.

eBook: In-Memory Computing Helps Applications Achieve Extreme Speed and Scale

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Big data is no longer a big deal but smart data is sure a smart strategy

Smart Data

We are all pretty much unanimous that the once IT buzz word “big data” is no longer the awe-inspiring complex beast which can be tamed only by expensive databases and superlative data analytics platforms. Cloud architecture and collaborative open source software brought big data processing within the reach of pretty much all enterprises. Analytics domain […]

Delivering true personalisation in the age of big data

John Fleming, Webtrends

Big data is a promise. In theory, banks can now know more about every single one of their customers than ever before. There is a real opportunity for them to cement their customer relationships; to create targeted offers and personalised experiences that attract new, and retain existing, customers. UK’s retail banks have increasingly been using […]

Big data: bridging consumer experience & increased revenues in financial services

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While the benefits of big data are well understood for compliance and fraud prevention, the technology can also deliver very useful insights into customer behaviour. Thanks to big data analytics, retail banks can monitor how customer behaviour evolves and any significant patterns that can inform which products to market and offer. In the UK, Lloyds […]

ING deploys ThetaRay’s analytics solution for fraud detection in SME lending

Beate Zwijnenberg, ING

Israel-based specialist vendor ThetaRay has implemented its Advanced Analytics Solution at ING Netherlands for fraud detection. The vendor says that combining its tech with ING’s standing risk engine will enable the bank to detect new instances of SME lending fraud hidden within massive amounts of transactional and organisational data – in real-time and with industry-low false […]

Punjab National Bank to modernise enterprise data warehouse

Punjab National Bank logo1

Punjab National Bank (PNB), one of India’s “big four” banking groups, is looking to renovate its data management set-up. It issued an RFP “to revamp existing functionality” either by enhancing its current enterprise data warehouse (EDW) or to deploy a new one. The RFP was issued late last year, for an end-to-end solution for EDW […]

Really! Why is my big data a time bomb?

big data

Over $100 billion fines were paid in US for non-compliance since 2007! More than $2.5 billion in 2015 alone was a result of incomplete and inaccurate data used for complying with anti-money laundering (AML) regulations. It’s not just financial institutions, but most firms are sitting on a ticking time bomb. How? Dr Seth Rao, CEO […]

Big data analytics and its many uses

Big data analytics is extremely useful, states Swift Institute

There are many uses of big data analytics by financial organisations to meet evolving regulatory and compliance requirements, Swift Institute reveals in its recent paper, “The Role of Big Data in Governance: a regulatory and legal perspective of analytics in global financial services”. The paper cites two case studies as examples of how these analytical […]

Mine that data to keep that customer

keep that data

What does the future of loyalty hold and what is the role of big data in it? Christopher Evans, director at Collinson Group, shares some key insights. The fervour for big data analytics sweeping through retail bank boardrooms at a global scale is intensifying as corporate strategy prioritises a shift towards true real-time intelligence. This […]

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