Home /

Blog Archives

Video: Big Data challenges and opportunities

Sui-Jon Ho discusses how data is being used in financial institutions and why Big Data is presenting them with unique challenges and, more importantly, opportunities.    4 lessons financial institutions can learn from digital-centric companies Big Data uses in financial institutions Artificial intelligence and machine learning in Russian banks

Read More »

3 Big Data trends in finance

Global investments in Big Data and business analytics is projected to grow from USD 130.1 billion in 2016 to over USD 203 billion in 2020. Here are 3 of the biggest Big Data trends, each represented by an innovative new solution: Business intelligence (Qlik Analytics Platform) – Qlik has developed …

Read More »

How to survive a data breach crisis: the Monzo case study

Monzo, a disruptive neo-bank working to expand into the U.S., recently experienced a hiccup in its data security that resulting in nearly 500,000 U.K. account holders being urged to change their PIN numbers. It is important to note that the vulnerability was discovered by internal engineers and quick and decisive …

Read More »

Banco Santander launches data science apprenticeship program

Banco Santander in the UK is offering a first-of-its-kind data science apprenticeship to non-graduates. The program, being operated in conjunction with WhiteHat, will allow the bank to build a pipeline of data savvy employees, something in line with its EUR 20 billion digital transformation effort. The program also highlights the …

Read More »

Shocking amount of unstructured and unused data in the U.K.

According to research conducted by Crown Records Management, as many as 59% of data across U.K. organizations is unstructured. Moreover, 40% of it is dark (unused). This is not surprising given that data is commonly stored in over 20 types of locations, including email account, the cloud, hard drives and …

Read More »

6 ways financial institutions in Singapore are using Big Data

Singaporean financial institutions have been at the forefront of taking advantage of Big Data with innovative initiatives that have resulted in positive results for both operational efficiency and customer satisfaction. Here are 6 ways in which they are using Big Data today: Automating client processes – machine learning helping automate …

Read More »

HSBC opens data innovation labs in London and Toronto

HSBC has opened two data and innovation labs, one in London and the other in Toronto. The labs will engage in activities aimed at improving HSBC’s products and services through the use of analytics and robotics. The labs will also cooperate with firms specialized in other important areas such as …

Read More »

Balancing data privacy rights

Data is quickly becoming a point of contention between companies working to collect, process and secure it and governments seeking to force companies to provide them the data they possess. The debate between the two sides revolves around an age-old debate: freedom vs. security. While governments argue that they should …

Read More »

European Commission launches antitrust investigation against Amazon

The European Commission has launched an antitrust investigation against Amazon that could result in USD 23 billion in fines. The investigation stems from the fact that Amazon is itself a seller and also serves as a platform for others to sell. Authorities are concerned that Amazon collects information on the …

Read More »

6 startups that will reshape wealth management

FinTech startups are reshaping the financial world, including wealth and asset management. Here are 6 WealthTech startups that are promising to change the way we manage our wealth: Cred – Cred uses artificial intelligence to help financial institutions deliver highly-personalized investment portfolios to digital clients. Responsive.ai – not just another …

Read More »

Revolut launches stock trading platform

British FinTech firm Revolut is jumping into the online brokerage space with its own commission-free stock trading platform, which is being run in partnership with U.S. broker DriveWealth. The company launched the service, which lets users buy or sell popular stocks with the tap of a button, as a way …

Read More »

Additiv driving WealthTech democratization in Asia

Zurich-based WealthTech company Additiv has become a worldwide leader in the field of digitization for wealth managers. In Asia, the company is driving a wide-angle perspective and helping wealth management become more democratized, enabling more and more people to access wealth management solutions – all thanks to the rise of …

Read More »

11 of the most notable WealthTech companies in Switzerland

With 75 companies operating in the sphere, WealthTech has become a thriving subset of FinTech in Switzerland. Here are 11 of the more notable Swiss WealthTech companies: AAAccell – a spin-off company of the University of Zurich, the company specializes in risk and asset management and uses the latest research …

Read More »

Apple Card review

With Apple Inc. starting the rollout of its brand-new Apple Card and its availability expected to reach more than 40 countries by the end of the year, we wanted to take a moment to give you a brief overview of this new payment device.   What is it Apple Card …

Read More »
  • Categories

  • Main topics