big dataRSS

White paper: in-memory computing – now and tomorrow

GridGain white paper

As businesses cope with an explosion of data and users who expect real-time insights, many have turned toward in-memory computing solutions. As a result, in-memory computing platforms are becoming key infrastructure components for a growing number of organisations.

Industry bullish on promise of fintech – Opimas research

Optimas Analysis 1

Market players are bullish on the near- and longer-term promise of fintech, according to new research by Opimas, “Fintech Spending and Innovation in Capital Markets”. In 2017, it estimates fintech spending across all capital markets participants to exceed $127 billion.

Hello Soda’s new platform has a pop at dark web fraud

hello soda 1

Big data and text analytics firm Hello Soda has launched Fraud Web, a new software solution built to combat identity fraud committed through the untraceable internet. The company says Fraud Web identifies the risk of consumer data being available for sale on the dark web and issues high, medium and low risk alerts so that […]

Big data and cybersecurity fuel Atos revenue rise

atos

The delightful duo of big data and cybersecurity have fuelled the revenue rise for IT services corporation Atos. In its first half 2017 results, Atos’ “strongest H1 ever”, the firm revealed a revenue in big data and cybersecurity of €357 million – a rise of 13.8% organically. Thierry Breton, chairman and CEO, says: “Either on […]

Softbank gets hard for data-powered AI

softbank

“Those who rule chips will rule the entire world. Those who rule data will rule the entire world. That’s what people of the future will say.” The words of Softbank’s founder and CEO Masayoshi Son, who was bigging up his company at a presentation in Tokyo and laying down some future plans that artificial intelligence […]

Fintech funding round-up: 20 July 2017

VW Credit invests in AutoGravity

It’s a treble yell! Following quickly on from 18 July and 19 July, this latest fintech funding round-up features Receipt Bank, Billon Group and TickSmith. Receipt Bank, a bookkeeping automation platform (not an actual bank), has raised $50 million in Series B funding from Insight Venture Partners. The investment will be used to accelerate growth […]

Flybits raises $6.5m to help banks put data to work

Flybits 1

Consumer data contextualisation company Flybits pulled in $6.5 million this week, bringing the Toronto-based firm’s total funds to $14 million, reports Finovate (Banking Technology’s sister company). The Series B funding was led by Information Venture Partners. New investor Portag3 Ventures LP also participated along with existing investors Robert Bosch Venture and Trellis Capital. As a part […]

Absa targets African millennials with Hello Soda partnership

Absa

Absa Bank, a subsidiary of Barclays Africa, has partnered with multilingual text analytics and big data firm, Hello Soda, as it looks to tap into the millennial market. The bank says it wants to make sense of unstructured social data to better understand its consumer base. According to Absa, Hello Soda provides new ways for […]

White paper: boost performance of financial services IoT projects with in-memory computing

WP

The financial services industry is already embracing the internet of things (IoT), using devices to collect data that needs to be analysed in real time and stored for historical analysis.

Behavioural black magic

Michael James, Altus

In 1957 the US market researcher James Vicary claimed he could get moviegoers to “drink Coca-Cola” and “eat popcorn” by flashing messages onscreen for such a short time that viewers were unaware they had seen them. The term “subliminal advertising” was coined to describe this unnerving practice and it was subsequently banned in many countries.

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