How Financial Institutions Are Becoming Champions Of Big Data

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

If someone asked you which industry is the most innovative, you probably wouldn’t say the financial industry. In fact, that would probably be the last industry on your list. Nonetheless, the financial industry is using big data more than ever. The success of both Fintech companies and traditional banks will hinge on their ability to […]

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 […]

The 10 Most Valuable Fintech Startups Worth Over $1 Billion

Posted Leave a commentPosted in finance startups, financial tech, Fintech, investing, SmartData Collective Exclusive, startups

Fintech companies are set to take over – according to most pundits in the market. Startups in the fintech world have been popping up in the market at a faster rate than ever before. This market is thus highly valuable and the value keeps on increasing. Considering the huge support that the market has, the […]

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 […]

How Real Estate And Blockchain Technology Are Teaming Up

Posted Leave a commentPosted in Blockchain, Fintech, real estate, real estate and blockchain, SmartData Collective Exclusive

Blockchain technology has thus far been the true star of the cryptocurrency revolution. Although the value of popular digital coins like Bitcoin and Ethereum have been in near-constant flux in recent months, the technology that powers them has been making headway into industries of all kinds all over the globe. Naturally, some of the earliest […]

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 Big Data Can Play An Essential Role In Fintech Evolution

Posted Leave a commentPosted in Big Data, Business Intelligence, financial technology, Fintech, SmartData Collective Exclusive

The financial service industry has been revolutionized by technological advancements. The way in which banks and fintech enterprises operate today has been fundamentally changed by technological advancements. Numerous advantages can be identified when discussing fintech big data. When people think about technology and banking, they first think about online transactions, banking apps, and obviously, Internet […]

Three Ways Fintech Is Using Big Data to Reshape Lending

Posted Leave a commentPosted in Big Data, big data fintech, Fintech, fintech technology, News, SmartData Collective Exclusive

In the past several years, emerging technologies have facilitated an explosion of innovation in the financial sector. Financial technology, often shortened to fintech, has made use of everything from artificial intelligence to machine learning to improve customer satisfaction. Driving much of this innovation has been big data, the sum of all data a company can […]