Big Data

Data Enrichment Key to Enhancing Accuracy of AI Models in Fintech

Data enrichment, the process of enhancing internal data with relevant, contextual data obtained from external sources, is critical for financial services companies looking to get the most out of their investments in artificial intelligence (AI), allowing them to build more

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Why Disconnected Data Sources Mean Lenders Are Missing the Big Picture

Traditionally, core banking systems have been regarded as a lender’s main database. While many banks rely on this core banking database, they also administer a range of other databases covering other aspects of the business. These independent data sources are

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How Data-Centric Storage Solutions Revolutionize the Financial Services Industry

The rise in Industry 4.0 technologies such as Internet of Things, Artificial Intelligence, and Machine Learning is driving the global data explosion post-pandemic. Gartner projects that by 2025, around 75% of enterprise-generated data will be created and processed outside a

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APAC Financial Institutions Struggle to Make Use of Their Data in a Timely and Effective Manner

Despite realizing the opportunities brought about data and analytics, banks and financial institutions in Asia-Pacific (APAC) are still struggling to draw critical insights from their data in an effective and timely manner. This is one of the findings drawn from

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InterSystems Rolls Out a Suite Solutions Powered by Smart Data Fabrics

Data technology provider InterSystems has launched a suite of new solutions that will help financial institutions become more agile, make faster, more informed decisions, and respond better to changing customer expectations. The Business 360, Customer 360, Institutional Client 360, and

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Artificial Intelligence as a Catalyst to Accelerate Financial Inclusion

The use of Artificial Intelligence (AI) in financial services is all over the news, with some reports estimating it to be a US$450 billion opportunity. But what’s the real story around what AI can do? Beyond just automating certain processes,

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Here Are 9 Key Pains Points Up-And-Coming Fintechs Should Look Out For

In a fintech startup’s race to scale up, they will face challenges across many fronts, including improving product profitability, recruiting and retaining talent, managing risks as well as complying with regulations. In this article, Oracle NetSuite addresses the 9 key

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How Do You Approach Your Data in a New Way by Making It Smarter

In the era of rising customer expectations and savvier consumers, financial organisations are under increased pressure to provide customers with hyper-personalised experiences. In fact, more than half of customers expect to always have personalised offers and 66 percent expect companies

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BNPL Players Are Reinventing Online Commerce

These past few years have seen the exponential growth of the buy now, pay later (BNPL) arrangements, a trend that’s been fueled by the accelerated digital shift, and the surge in e-commerce activity. Now, that burgeoning industry is showing no

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In Banking, Data Become The “Differentiating Baseline”

In Asia, market liberalization pushes, coupled with changing customer behaviors and advances in technology, are forcing banks to move away from a product-centric approach to a customer-centric one where data become critical in guaranteeing the value and relevance of products

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