With billions of transactions processed daily, data is a key asset in the financial sector. Big Data allows that information to be leveraged, turning it into a competitive edge.
Computing advances and data expansion have suddenly made AI part of everyday life and an invaluable tool for almost every industry. Healthcare, manufacturing, transportation, law enforcement, national defense, and education all stand on the precipice of revolutions due to AI’s evolution – but perhaps no field is so perfectly suited
Talent recruitment without data is drought with challenges. Hiring managers may find themselves at a disadvantage when determining how much they need to pay their employees. Offer them too little, and they’re unlikely to work for you. Pay them too much, and you’re not utilizing your resources effectively. Compensation management
It’s essential for organizations to be aware of shifts in employee spend that invite different risks. The data scientists at Oversight, an enterprise spend management software, reveal the ongoing spend shifts organizations face and how the pandemic has quickly reshaped travel and expense employee spend. A high-level look at the
In an increasingly competitive market, how are fintech companies adapting to improve their decision making? In industries such as insurance, capital markets, cryptocurrency, wealth and asset management — alternative data is proving to be a valuable source of insight. Like a broken leaf to a hunter or a change of
Banking as a Service (BaaS) is the democratisation of financial capabilities that have fiercely been protected, isolated and hidden in silos for hundreds of years by banks. The fact that BaaS opens up banks’ capabilities and essentially empowers anyone to be able to create their own financial products, goes against
Fintech is opening floodgates of opportunity for ambitious startups that previously had no hopes of overcoming barriers to entry in the finance field. With the desire to innovate and succeed, however, gutsy startups are now promoting financial literacy and reaching previously underserved groups with brand-new retail banking and investment services.
Millions of online accounts have personal data stolen on a daily basis, including from large corporations that users believe to be trusted. Here are just 6 of the recent largest data breaches that you’ve likely been affected by and should cause you to check your accounts more often. The
In the age of the internet, personal data is more vulnerable to attacks than ever before. Here’s how edge security provides protection for consumers from their information being exposed to the clutches of the dark web. Currently, data storage by corporations involves customers providing companies with their private data
It’s been one month since GDPR, General Data Protection Regulation, a policy set in place to address the digital age’s ever increasing flow of personal data, went into effect for European industries. GDPR is meant to give consumers more control over their personal data usage by companies, and this shift
Social platforms such as Quora, Reddit or Stack Overflow are gaining popularity as users can easily exchange information within the social community without any barriers. How and why can blockchain make these platforms more credible? Ralph Tkatchuk finds out. The internet and the rise of social media has significantly changed