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big data
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1075

Deals: Analytics Platform SparkCognition Raises $6M Series B

Company: SparkCognition

Amount invested: $6 million (more…)

Deals, Fintech news, Global trends

April 27, 2016

1780

Data Backup Company Storiant Shuts Down

Data backup company Storiant Corp. shut down in November and was liquidated under Massachusetts bankruptcy law, according to investor documents. (more…)

Deals, Fintech news

April 26, 2016

2049

The Wonderful Big Data Strategy At Royal Bank Of Scotland

By Bernard Mar for Forbes

RBS has developed a Big Data strategy which it calls “personology” in an attempt to reconnect with customers. (more…)

Fintech news, Global trends

April 13, 2016

14669

Big Data and Online Scoring: Fintech and Beyond

The world is certinly excited about the concept of big data and advanced analytics and it’s not just because of the data are big but because the potential for impact is big. 

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Analytics, Fintech news, Global trends, Hotnews, InspirAsia

March 17, 2016

UK takes first steps towards open banking revolution

A banking revolution in terms of financial services will benefit from the UK’s Open Banking Standard. Story by Daoud Fakhri.

The Open Banking Working Group’s newly published recommendations on open platform banking will, if fully implemented, lead to a revolution in the provision of banking services to UK consumers.

(more…)

Blockchain, Cryptocurrencies, Fintech news

February 26, 2016

2968

The top 10 trends in banking innovation by Chris Skinner

By Chris Skinner for his blog,

We had two Financial Services Club meetings on the same night this week: one in London where Chief Executive of the Payments Council Maurice Cleaves talked about the landscape future for UK payments markets; and one in Warsaw where Lukas Dzuroska presented the top ten trends tracked in research by EFMA over the past year.  I was in the Polish meeting, as it was also the first launch meeting for ValueWeb, and was intrigued to hear to the EFMA research. (more…)

Fintech news, Global trends, Influences FinTech

February 24, 2016

2259

How Big data is being leveraged across FinTech?

I am sure that you have heard of one of the only profitable FinTech unicorns in the world: Klarna. A customer making an online purchase enters only their email address and zip code on an e-commerce merchant site to buy an item. (more…)

Fintech news

February 24, 2016

Digital money, negative rates as Gosplan 2.0

By Izabella Kaminska for Finantial Times,

UBS’s Paul Donovan offered some thoughts earlier this week on the unintended consequences of negative rate regimes, which — whilst interesting — stimulated a different thought in us related to data. (more…)

Banks, Fintech news

February 5, 2016

The Business of Data

By Naka Kondo for the Economist,

More and more organisations are collecting and storing vast amounts of data. Yet for all the excitement generated by the potential of this data to transform business models—turning it directly into cold, hard cash can prove difficult. (more…)

Banks, Fintech news, Global trends

January 12, 2016

1244

Magic Caves of Alibaba

TECHINASIA: Alibaba’s spin-off finance subsidiary, Ant Financial, today put out a major new update to its Alipay mobile wallet app. For the first time, the mobile wallet now has ecommerce merchants and shopping baked right into the app. It means that within Alipay, which is China’s top mobile wallet service with over 400 million annual active users, people can now find local services like fresh flowers or food delivery – and then pay for it all in the same app. As in Alibaba’s other marketplaces, all the things are from third-party sellers.

(more…)

China, eWallets, Fintech news, InspirAsia, news

July 8, 2015

1465

Slack Is Just The Tip Of The Iceberg For Enterprise Tech

TECHCRUNCHSlack’s valuation soared to $2.8 billion in less than two years, and has doubled in the past six months alone — all without any big marketing campaigns. The startup’s adoption curve and rave reviews are something many founders and investors dream about, but few actually achieve. (more…)

Influences FinTech

June 24, 2015

1302

PLDT To Invest $100m In Big Data Services

DEALSTREETASIA: The Philippine Long Distance and Telephone Co (PLDT) is planning to invest around $100 million in its Big Data business, meant to help companies and government agencies develop more effective products, services, and programs for their target markets, a top company executive said. (more…)

Fintech news, InspirAsia, news, Philippines

May 14, 2015