Tag "Big Data"

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

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China’s Fintech Sector to Enter New Era

While China’s fintech industry had been mostly driven by the “fin” component, the importance of the “tech” component will come to the fore in the future, according to management consulting firm Oliver Wyman. With the ongoing integration of fintech into

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560MM InsurTech ASEAN Opportunity

As you probably already know, I’ve created InsurTechAsia as a vehicle to drive positive impact through the much needed changes in insurance. Focused on Asia as its the region that I’ve been immersed throughout my corporate insurance career. I fell

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DBS to Hire 100 Developers via First-of-its-kind Hackathon

DBS announced plans to hire 100 developers skilled in new andcutting-edge technologies, as it ups the ante on reimagining banking. The new jobs will help DBS cement its position as a leading digital bank. Taking an innovative approach to recruitment,

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The “Hen and Egg” Issue With all Online-Lending Startups in Asia

Online-lending service for students SoFi (Social Finance Inc.) is close to raising about $500 million in a funding round expected to be led by private equity firm SilverLake Partners to bolster the expansion of its online-lending businesses and personal financial

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How Big Data is Used to Better Understand Financial Risk

I should imagine you have read a lot about big data, even if you are not really sure what it is. The definition is simple, it’s a very large volume of data. The amount of data typically requires complex computational

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OurCrowd an Equity Crowdfunding Opens Singapore Office and Appoints new MD

OurCrowd, an equity crowdfunding, announced that it has opened an office in Singapore, its seventh worldwide, to serve the growing community of Asian investors interested in funding early stage high-growth companies. It has appointed Denes Ban, a successful entrepreneur and

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