Big Data
Here 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
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How 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
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How 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
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The 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
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Financial 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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HKMA Unveils New Data Strategy During Hong Kong Fintech Week
During his opening speech at the Hong Kong Fintech Week 2020, the city’s flagship fintech event, Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue announced that the HKMA is exploring a new data strategy and considering building a new financial
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Banks Must Gear Up for Upcoming Data-Intensive Era, Experts Say
Changing customer expectations, the rise of big techs, and COVID-19 are accelerating banks’ digital transformation, forcing them to upgrade their infrastructure to meet the requirements of the data-intensive era, experts said. At the Huawei APAC FSI Data Storage Summit virtual event, experts
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Unlocking the Value in Payments Data With Technology and Partnerships
Over the years, banks have been creating exponentially growing mountains of data – much of it with huge potential value. However, despite their ability to create it, banks have not always been good at making the best use of it.
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3 Ways China’s Bigtechs are Helping to Tackle the Coronavirus Crisis
In the midst of the global health crisis involving the novel coronavirus (2019 nCoV), China’s bigtechs including Tencent and Ant Financial, the financial affiliate of e-commerce giant Alibaba, have deployed solutions and set up financial aid programs to help combat
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How China’s Virtual Banks Are Offering Loans to Micro-Businesses Within Minutes
In China, online lenders are filling the credit gap, leveraging cutting edge technology including artificial intelligence (AI) to make lending decision in just a second. E-commerce giant Alibaba’s MyBank and Internet conglomerate Tencent’s WeBank, have dramatically changed the domestic financial
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