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Government Joins The Finance Sector At The Top Of The Cyber Attack List

By   /  May 9, 2017  /  Data Daily | Data News, Data Education, Data Governance & Data Quality | News & Articles, Data Governance News, Education Resources For Use & Management of Data  /  No Comments

by Angela Guess A recent press release out of Dimension Data reports, “New research reveals that cyberattacks on the government sector doubled in 2016, hiking to 14% from 7% of all cyber security attacks in 2015. Attacks on the finance sector also rose dramatically from just 3% in 2015 to 14% of all attacks in […]

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Digital Fuel Releases Updates to Cost Model and Data Quality Management

By   /  April 7, 2017  /  Data Daily | Data News, Data Education, Data Governance & Data Quality | News & Articles, Data Governance News, Education Resources For Use & Management of Data  /  No Comments

by Angela Guess According to a recent press release, “Digital Fuel today announced updates to its Financial Intelligence product with exciting new data quality management features for IT Finance. Financial Intelligence adds more features to enable IT Finance to quickly identify and fix data quality issues. The new and enhanced data quality management features provide […]

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IBM Watson for Cyber Security Beta Program Launches with 40 Clients Globally

By   /  December 7, 2016  /  Data Daily | Data News, Data Education, Education Resources For Use & Management of Data, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

by Angela Guess A new press release reports, “IBM Security today announced that global leaders in banking, healthcare, insurance, education and other key industries have joined the IBM Watson for Cyber Security beta program. Sun Life Financial, University of Rochester Medical Center, Avnet, SCANA Corporation, Sumitomo Mitsui Banking Corporation, California Polytechnic State University, University of […]

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Mastercard Rolls out Artificial Intelligence across Its Global Network

By   /  December 1, 2016  /  Data Daily | Data News, Data Education, Education Resources For Use & Management of Data, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

by Angela Guess A new press release reports, “Mastercard today introduced Decision Intelligence, a comprehensive decision and fraud detection service. The solution uses artificial intelligence technology to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines. This is the first use of AI being implemented on a global […]

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RAGE AI Processes Untagged Data in XBRL Documents

By   /  September 15, 2016  /  Data Daily | Data News, Data Education, Education Resources For Use & Management of Data, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

by Angela Guess A recent release out of the company reports, “RAGE Frameworks, a provider of AI for the Enterprise, today announced the availability of new features and capabilities for its LiveSpread™ Intelligent Machine, a contextual, traceable machine learning solution for the automated ingestion and processing of financial statements and other documents. With this release, […]

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How Big Data is Changing the Lending Industry

By   /  June 13, 2016  /  Big Data News, Big Data News, Articles, & Education, Data Daily | Data News, Data Education, Education Resources For Use & Management of Data  /  No Comments

by Angela Guess Phil Simon recently wrote in The Huffington Post, “It’s no overstatement to say that new technologies and Big Data are upending many traditional industries. Sure, there are multi-billion-dollar darlings such Uber, AirBNB, and Lyft that are seemingly in the news every day. Make no mistake, though: Many other types of mature industries […]

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Aerospike Wants to Bring NoSQL to Finance in a Big Way

By   /  April 22, 2016  /  Data Daily | Data News, Data Education, Database News, Database News, Articles, & Education, Education Resources For Use & Management of Data  /  No Comments

by Angela Guess Renee Caruthers reports in FierceFinanceIT, “As financial companies increasingly leverage big data, they have explored and embraced non-relational databases for their most advanced analytics. But NoSQL database provider Aerospike envisions bigger use cases in finance. ‘There is a huge amount of investment in those technologies for analytics uses, and it’s easier to […]

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Using Machine Learning in Economics

By   /  April 8, 2016  /  Data Daily | Data News, Data Education, Education Resources For Use & Management of Data, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

by Angela Guess Jon Levin, a professor of economics at Stanford, recently wrote in Forbes, “Machine learning methods are really powerful for fitting predictive models and for doing classification on large-scale, high-dimensional data. These are the data we increasingly use in economics. So I think there’s no doubt many machine learning methods will get used […]

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Why CFOs Need to Be Data-Driven

By   /  December 21, 2015  /  Data Daily | Data News, Data Education, Data Strategy News, Data Strategy News, Articles, & Education, Education Resources For Use & Management of Data, Enterprise Information Management, Information Management News  /  No Comments

by Angela Guess Jeff Thomson recently wrote in Forbes, “IBM estimates the world generates 2.5 quintillion bytes of data every day, and, amazingly, 90 percent of the world’s data was created in the last two years alone. How can CFOs be expected to make sense of this onslaught of information? In its recent CFO Indicator […]

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Semantic Technology: A New Approach to Financial Data

By   /  December 9, 2015  /  Data Daily | Data News, Data Education, Education Resources For Use & Management of Data, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

by Angela Guess Renee Caruthers recently wrote in Fierce Finance IT, “The finance industry has more than its share of data-intensive processes. But at least one technology firm is making the case that the answer to these challenges is not the traditional approach of ramping up data processing power – it’s smarter data processing. With […]

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