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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GBG Invests US$7M in CredoLab’s Series A Funding Round

GBG, an identity data intelligence specialist, announced that it has led the US$7 million Series A investment round in CredoLab, a developer of bank-grade digital risk scorecards. Established in Singapore in 2016, CredoLab is said to have approved over US$2

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Data Science at the Heart of the Fintech Revolution

Data science, which involves developing methods of recording, storing and analyzing data to extract useful information and gain insights, has created a drastic change in the financial services industry. Considered as the core of fintech, data science and its allies

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Unlocking the Value in Payments Data With Technology and Partnerships

Over the years, banks have been creating exponentially growing mountains of data – much of it with huge potential value. However, despite their ability to create it, banks have not always been good at making the best use of it.

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Cloud Computing, a Major Tech Trend in Finance This Year, Also in Singapore

Many financial institutions are already using cloud-based software-as-a-service (SaaS) applications for business processes, but 2020 is set to be the year that adoption accelerates, experts and industry participants say. Cloud computing: one of the biggest trends of 2020 Cloud computing

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One Degree of Trust with My Data

Consumers may be willing to part with data and personal information but, like an increasing array of regulators, they are far more sensitive about how their details are used and by whom. As a result, companies need a coherent plan

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Experian Invests in Yet Another Data Startup in Asia Pacific, Look Who’s Charging

Experian today announced its acquisition of Look Who’s Charging, the Australian fintech startup which has solved the everyday frustrating problem of unrecognised bank transactions by providing instant clarification on the merchant behind a transaction. Look Who’s Charging is integrated with

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Refinitiv Brings its Financial Data to the Cloud for Customers in Asia with AWS

Refinitiv has launched delivery of its financial data to Asia-based clients leveraging Amazon Web Services (AWS) as it continues to expand its global cloud capabilities to meet customers’ needs. Refinitiv’s Elektron real-time data is now available in the AWS Asia

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Paying Attention To The Right Signals

Around the world, from sector to sector, companies are locked in a battle for growth. Facing intensifying competition, many are struggling to understand the wide variety of trade-offs customers are willing to make and the forces impacting their decisions. And

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Singapore’s CredoLab to Power Digital Financial Inclusion in Sub-Saharan Africa

CredoLab, a developer of bank-grade digital scorecards based on smartphone metadata, announced its expansion into the Sub-Saharan African fintech market with the addition of three new clients – two banks and a leading airtime credit provider. According to its press

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