Big Data
HKMA Officially Launches Its Commercial Data Interchange
The Hong Kong Monetary Authority (HKMA) has officially launched its Commercial Data Interchange (CDI), one of the key initiatives under its Fintech 2025 strategy. As a consent-based financial data infrastructure, CDI aims to enhance data sharing by facilitating financial institutions
Read MoreData Enrichment Key to Enhancing Accuracy of AI Models in Fintech
Data enrichment, the process of enhancing internal data with relevant, contextual data obtained from external sources, is critical for financial services companies looking to get the most out of their investments in artificial intelligence (AI), allowing them to build more
Read MoreAPAC Financial Institutions Struggle to Make Use of Their Data in a Timely and Effective Manner
Despite realizing the opportunities brought about data and analytics, banks and financial institutions in Asia-Pacific (APAC) are still struggling to draw critical insights from their data in an effective and timely manner. This is one of the findings drawn from
Read MoreTalent Availability Identified as Top Challenge Among Hong Kong’s Big Data, AI Startups
Hong Kong’s big data and artificial intelligence (AI) startups are looking to ramp up hiring significantly, a trend that showcases the sector’s growth and dynamism, a new report by the Fintech Association of Hong Kong (FTAHK)’s AI and Big Data
Read MoreArtificial Intelligence as a Catalyst to Accelerate Financial Inclusion
The use of Artificial Intelligence (AI) in financial services is all over the news, with some reports estimating it to be a US$450 billion opportunity. But what’s the real story around what AI can do? Beyond just automating certain processes, AI
Read MoreHere Are 9 Key Pains Points Up-And-Coming Fintechs Should Look Out For
In a fintech startup’s race to scale up, they will face challenges across many fronts, including improving product profitability, recruiting and retaining talent, managing risks as well as complying with regulations. In this article, Oracle NetSuite addresses the 9 key emerging
Read MoreHow Do You Approach Your Data in a New Way by Making It Smarter
In the era of rising customer expectations and savvier consumers, financial organisations are under increased pressure to provide customers with hyper-personalised experiences. In fact, more than half of customers expect to always have personalised offers and 66 percent expect companies
Read MoreHow Refinitiv is Empowering Developers in the Sustainable Finance Revolution
Refinitiv has created a global community for developers in the financial industry. In continuing its longstanding history as a leader of innovation and open tech, the Refinitiv Developer Community offers practical support for today’s business challenges. This community offers enterprise developers access
Read MoreThe Next Frontiers of AI and Machine Learning in Data
With data becoming a core business asset for financial companies, artificial intelligence and machine learning (AI/ML) continues to be a focal point in maximising the competitive advantage of this ‘new oil’. This is according to a new study by LSEG
Read MoreFinancial Institutions Turn to Huawei’s Converged Data Lake Solution to Accelerate Banking Innovation
Like many other areas of the economy, the financial services sector is undergoing a data revolution. Every day, the global banking industry generates massive amounts of data by processing hundreds of billions of financial transactions as well as through interactions
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