Hybrid cloud solutions are indispensable in achieving a balance between data security, scalability, and innovation for banking, fintech, artificial intelligence (AI), and machine learning (ML) industries. These sectors encounter unique challenges, including regulatory complexities, data sensitivity, rapid transaction processing demands, cybersecurity risks, legacy systems, competition, shifting customer expectations, organizational resilience, and global operations. To overcome […]
Moving to Distributed Systems Can Ease the Path to Cloud Infrastructure
Companies plan to increase their spending on cloud infrastructure but may be slowing down on taking a “cloud-first” approach. These are two of the conclusions outlined in the Enterprise Strategy Group’s (ESG) “2022 Technology Spending Intentions Report.” According to ESG’s report, the number of companies that said moving applications and infrastructure to the public cloud was […]
Transactional Data: The Future of Real-Time Data In-Store
Consumer data is being widely spoken about in the fintech industry, especially as data personalization and transparency are significant to financial data ecosystems. As a fintech founder, I have been particularly fascinated by consumer retail trends appearing from transactional data that could rapidly improve user experience and targeted marketing in-store. The best value proposition is to combine […]
Is Cloud Transformation the Center of Your Growth Strategy?
Click to learn more about author Sudipta Kumar Ghosh. On-demand services that include shopping and entertainment, booking transportation and travel, and instantaneously paying back your friend for that dinner from your phone are proliferating in a high-tech world. As such, it’s a wonder that most traditional banking and financial institutions appear to be as antiquated […]
From Vision to Reality: Fintech Industry Trends
Click to learn more about author Alexey Chalimov. Fintech applications this year represent one of the fastest-growing markets that involve online activity. It’s not simply about money transfers anymore: The digital finance industry now offers users insurance, mortgages, loans, and crowdfunding opportunities, to name a few, and the diversity of the available banking services keeps […]
How is Blockchain Changing the Face of Asset Management?
Click to learn more about author Gilad David Maayan. Today’s interconnected world allows companies to operate more easily, and at the same time exposes them to risks derived from their interdependence. As organizations strive to create new value and reduce risk, their systems need to adapt to the new interactions introduced by emerging technologies. Infusing […]
Machine Learning for More Equitable Credit Powers Airfox — ZestFinance Partnership
According to a recent press release, “Airfox, a startup providing transformative financial services to emerging markets, today announced a partnership with artificial intelligence (AI) leader ZestFinance and Brazilian retail giant Via Varejo to deliver a new microcredit model with next-generation algorithmic infrastructure predicated on more equitable credit risk analysis. Combining machine learning (ML) and predictive […]
GreenSky Launches Data Science Division to Strengthen its Consumer Protections
According to a recent press release, “GreenSky, Inc., a leading financial technology company Powering Commerce at the Point of Sale®, today announced the launch of a newly established Data Science division to boost the Company’s consumer protection program. The company is investing in artificial intelligence and machine learning to more accurately identify suspicious activity, alert […]
Dotscience Emerges from Stealth to Eliminate the Biggest Pain Points of Operationalizing AI
According to a new press release, “Dotscience, the pioneer in DevOps for machine learning (ML), today emerged from stealth with its platform for collaborative, end-to-end ML data and model management. By giving teams the unique ability to collaboratively track runs—a record of the data, code and parameters used when training an AI model—Dotscience empowers ML […]
Blockchain Technology Set to Make Big Gains in the Financial Sector
Click to learn more about author Shweta Baidya. Since 2015, after the birth of the R3 consortium, a number of banks and financial institutions have been focusing on exploiting the potential of Blockchain Technology. The growing emphasis can be largely attributed to the increasing need for identifying the implications pertaining to the exchanges, agreements, and […]