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Where to find Big Data in Russia

The data market is starting to come to greater prominence around the world. Perhaps nowhere is this truer than in Russia, where the data market is still largely in its infancy. In fact, the government of Russia is still trying to figure out rules for balancing data use and privacy …

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How Alfa Bank is turning Big Data into big profits

Understanding the importance of Big Data and other digital technologies in the modern world, Alfa Bank has developed a strong digital strategy and become a leader in Big Data. To accomplish its digital- and data-related goals, Alfa Bank created its own data management and monetization center. The center, whose primary …

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Big Data training in Kyrgyzstan

Big Data, as a concept, has been around for more than 10 years and involves the work of various types of specialists, including IT specialists, programmers, mathematicians, data visualization specialists, data engineers, data analysts and more. In Kyrgyzstan, the training for such specialists is rather limited, even at specialized IT …

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Going digital increases financial service accessibility

One of the most pressing issues for financial institutions in Russia is how to make financial services available to those living in small towns and remote settlements. For much of history, financial institutions had to make efforts to develop physical infrastructure to reach these consumers; however, such investments were typically …

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QIWI Group launches Big Data analytics platform

QIWI Group has created its own platform for solving problems related to in-depth analytics and data monetization. QIWI Data is the result of more than 5 years of research into Big Data and offers the group of companies the ability to process data faster as well as increase data security. …

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Datathon organized to connect Belarusian companies with startups

Imaguru Startup Hub organized a Datathon to help Belarusian companies understand the importance of Big Data as well as connect them with startups that can help them achieve truly effective and innovative Big Data solutions. During the Datathon, teams were presented with tasks to be solved using Big Data solutions. …

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The state of Big Data in Armenia

Big Data is one of the biggest buzz words in the tech world right now. In Armenia, however, most companies have yet to adopt Big Data technologies. In fact, experts estimate that the level of Big Data tech and use in Armenia is on par with the world average 4–5 …

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Big Data’s big budgets

A recent survey has shown that more than half (55.4%) of Russian companies have a dedicated budget for implementing Big Data analytic solutions. These budgets account from anywhere between 5–10% (and sometimes more) of a company’s annual budget and can amount to as much as RUB 10 million. Moreover, some …

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Infographic: data and data science

Explore the ins and outs of data and data science at a glance in this enlightening infographic. Video: factoring Infographic: video banking is here Does the Beyond Banking model represent the future of banking?

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Infographic: 10 reasons to invest in data visualization

The ability to tell a story beyond numbers makes data visualization a powerful analytical tool. Data visualization can be used for a myriad of tasks, including analyzing trends, demonstrating performance, evaluating strategies and identifying patterns. The infographic below presents 10 compelling reasons why investments in data visualization is a smart …

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Video: how to successfully navigate an ever-changing financial space

Global business developer Ulf Persson discusses how financial institutions can successfully navigate the opening ecosystem and fast-changing regulatory environment while also carving out their own niches in this insightful video. Video: the rise and fall of a Silicon Valley disrupter Infographic: characteristics of startups that fail and succeed 8 infographics …

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Infographic: the data science life cycle

The Global Tech Council highlights 7 key parts of the data science life cycle in this simple yet informative infographic. Infographic: how APIs make or break success in digital world Datathon organized to connect Belarusian companies with startups Video: rise of the sharing economy

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Infographic: analytics and Big Data in the financial services industry

In an era where constant technological advances are making data more available and both easier and faster to process, Big Data, data analytics and artificial intelligence solutions are vital to long-term success. This is especially the case for financial institutions, which are being barraged by increased competition from new market …

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BigTechs push into the asset management industry

BigTechs – with their size, brand recognition, distribution capabilities and technology – are already active in the financial services industry and have sufficient motivation to enter the asset management industry. With consumer trust in BigTechs now equal to their trust financial institutions and even ahead of their trust in fund …

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China’s WeChat: the high cost of digital convenience

On the surface it may seem the China’s WeChat is a social network like Facebook or WhatsApp. But with more than a billion users and a plethora of functions, it has become a social ecosystem with unlimited possibilities – a messenger, a payment system, an identification system, etc. For most …

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Hong Kong facilitating BigTech’s push into banking

So far this year, Hong Kong’s Monetary Authority (HKMA) has issued virtual banking licenses 8 different groups, including BigTechs, as part of an initiative to promote financial innovation, enhance consumer experiences and increase financial inclusion. The entrance of BigTechs into the financial sector is expected to push established financial institutions …

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The race to digitize banking in the Asia-Pacific region

Competition in the Asia-Pacific region is intensifying between established financial institutions and the technology and e-commerce disruptors that threaten to carve up the payment solutions market. According to a report by Temenos, BigTech companies like Google, Facebook and Apple as well as major payment players like WeChat Pay, Alipay and …

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