Here’s How Big Data Influences Banking And Online Lenders

Posted Leave a commentPosted in bank lending, banking, Big Data, data collection, Data Management, Data Mining, finance, financial industry, Fintech, online lending, Predictive Analytics, Risk Management

It was an ideal time for online lenders to arrive in Silicon Valley. After the financial crisis of 2008, banks who were the first choice as lenders for everyday people took a little bit of time to comprehend the way in which customers wanted to access credit and they were not ready to take any […]

3 Key Ways Big Data Is Changing Financial Trading

Posted Leave a commentPosted in Big Data, finance, finance data, financial tech, financial trading, Fintech, SmartData Collective Exclusive, trading

Big data is one of the internet-oriented developments that have caused enormous impact across all industries over the last couple of decades. The term big data refers to the gigantic amounts of information constantly collected by websites and search engines as people continue to use the internet for diverse purposes. It consists of all kinds […]

How Big Data Is Changing The Nature Of Consumer Lending

Posted Leave a commentPosted in Big Data, consumer lending, finance, Fintech, lending, SmartData Collective Exclusive

The history of lending can be traced back to the beginning of civilization. Some of the earliest records are from 2000 BCE, in Mesopotamia. The concept of lending has changed dramatically over centuries, largely due to changes in technology, social norms and evolving financial habits. The first major breakthrough in the lending industry took place […]

Understand Real Life Challenges from Big Data

Posted Leave a commentPosted in banking, Big Data, Big Data Week Community, Education, Entertainment, finance, government sector, healthcare, mass media, Private Sector, transportation, weather

by BDW Editor on December 21, 2018 Guest post by Herman Morgan, Business Analyst at Tatvasoft.com.au  The digital world is already growing at its pace and so does the volume of the data. There is a tremendous amount of data generated every day from various digital sources. Depending on its volume, velocity, veracity, and variety […]

How AI Is Transforming Lending And Loan Management

Posted Leave a commentPosted in AI, Artificial Intelligence, Big Data, finance, Fintech, lending, loan management, Machine Learning, SmartData Collective Exclusive

The old days of banking may be long gone in just a few years and this, thanks to all the recent technological developments that we are currently witnessing. You are no longer willing to enter a bank, discuss all the things that you need to discuss with a banker and hope that you get your […]

Manifest Survey Highlights Benefits Of Big Data For Financial Apps

Posted Leave a commentPosted in Big Data, big data finance, finance, financial apps, SmartData Collective Exclusive

Big data has played a crucial role in the financial industry. There are also lots of benefits of big data for financial apps. Manifest is one of the organizations that has used big data for adding more value to its customers. This is supported by a recent survey they conducted. Big data is used for a […]

Predictive Analytics And Fiat Currency Make ICOs Excellent Investments

Posted Leave a commentPosted in Analytics, Blockchain, cryptocurrency, currency, fiat currency, finance, financial intelligence, Predictive Analytics

ICO Fiat Currency and Its Acceptance by ICOs There are loads of new investment vehicles in the 21st century. This is primarily due to advances in big data and new types of currencies. Big data and predictive analytics have played a crucial role in the growth of bitcoin, litecoin and other virtual currencies. The market is […]

How Artificial Intelligence Can Benefit The Finance Industry

Posted Leave a commentPosted in AI, Artificial Intelligence, automation, banking, Business Intelligence, finance, finance industry, financial intelligence

Artificial intelligence (AI) was once mostly associated with the video game industry, but financial institutions are starting to realize that this technology can do a lot for them. Perhaps the most common use of AI modules in the banking industry involves the calculation of interest rates and home values. Intelligent software can sort through historical […]

How Are Predictive Analytics Shaping the Future of Fintech?

Posted Leave a commentPosted in Analytics, Big Data, finance, financial technology, Fintech, Predictive Analytics

The financial industry has undergone tremendous changes over the past decade. A lot of this can be attributed to big data. As advances in data become more impressive, new fintech solutions are reaching the market. Predictive analytics is one of the most important big data trends affecting FinTech. Established financial companies like Payoneer and PayPal […]

How Fintech Industry Using Web Data For Financial Intelligence

Posted Leave a commentPosted in Analytics, big data mining, Data Mining, finance, financial intelligence, Fintech, Machine Learning, Market Research

The ease of data access has led to a paradigm shift in the way businesses operate. In the present state, apart from the traditional data, companies are increasingly using ‘alt-data’ — alternate data that can be accessed from unconventional sources like the web, customer support transcripts, sensors, satellite images and more. Jennifer Belissent, Principal Analyst […]