Tag: Data Analytics

Capital and Risk, Operational

Top 8 Uses Of Data Analytics In Accounting And Finance

July 19, 2022

Via: TechBullion

Over the last couple of decades, data analytics has become the ultimate business dialect for better decision-making, with organizations integrating some form of data science into their business operations. And the finance and accounting niches are no exception. However, the […]

Capital and Risk, Operational

Seven Ways Banks Can Benefit From Data Analytics

April 26, 2022

Via: Bank Director

There is a pervasive data conundrum throughout the financial services industry: Banks have an inordinate amount of data, but antiquated and siloed solutions are suppressing incredible, untapped opportunities to use it. Data analytics offer banks seven distinct and tangible benefits; […]


Why banks and fintechs need to be strategic with digital transformations

August 10, 2021

Via: FinTech Futures

In fact, IDC forecasts $6.8 trillion will be spent globally on DX by 2023, with 65% of the world’s GDP being digitalised by 2022. There are many reasons why DX shortfalls occur, painful lessons many in fintech know all too […]

Activity, Insurance

Honda App Links Feedback on Drivers to Insurance Carriers via Verisk

August 11, 2020

Via: Insurance Journal

Honda Motor Co. is offering an app that scores the safety of car owners’ driving habits and links with insurance carriers that can offer discounts to drivers who are deemed a good risk. The Driver Feedback app is available to […]

Capital and Risk, Operational

FSB consults on effective practices for cyber incident response and recovery

April 27, 2020

Via: Banking Technology

The toolkit of effective practices aims to assist financial institutions in their cyber incident response and recovery activities. Cyber incidents pose a threat to the stability of the global financial system. In recent years, there have been a number of […]


Facebook wants your bank data

August 7, 2018

Via: Banking Technology

According to the Wall Street Journal, the tech titan was talking to financial organisations to get information like credit card transactions and account balances. The timing is interesting as Facebook is battling privacy concerns and adjusts its policy regarding user […]

Retail Banking

Consumers Want to Interact with Their Banks Through Voice Assistants

December 7, 2017

Via: Bank Innovation

Voice assistants like Alexa and Siri could be the future of banking, as more and more consumers indicate a willingness to interact with their bank through these platforms, a study released this week by NTT Data found. When it comes […]


Data Analytics: the next move for transaction banking

August 31, 2016

Via: Finextra

Transaction banking has made remarkable progress in recent years. The easy availability of new tools and technologies has improved operating efficiency and accuracy. The challenges of increasing volumes, evolving regulation and growing competition from new market players, complex customer demands. […]