Is Big Data An Essential Skillset For Future Financial Professionals?

Posted Leave a commentPosted in Big Data, big data careers, big data skills, big data skillsets, finance careers, finance profession, financial career, Fintech, SmartData Collective Exclusive

I was recently at a networking group. One of the attendees was a tax accountant, who said that big data is changing their field in surprising ways. FM Magazine has talked about this trend in detail. Financial professionals need to understand the impact of big data and prepare accordingly. How is Big Data Going to […]

Customers and Banks Priorities Collide as AI Jolts Financial Industry

Posted Leave a commentPosted in AI, Artificial Intelligence, Fintech, Machine Learning, SmartData Collective Exclusive

In a previous article I shared some of the challenges, benefits and trends of Big Data in the telecommunications industry. This time, I will focus on the financial services industry based on previous IBM studies in this industry and some personal experiences. An Industry Without Physical Products Big Data’s promise of value in the financial […]

Here’s How Blockchain Can Change Bancassurance

Posted Leave a commentPosted in bancassurance, banking, Blockchain, crypotcurrency, Fintech, insurance, insurance industry, SmartData Collective Exclusive, the blockchain

Whether it is identity authentication, increasing the speed of cross-border payments, supply chain optimization or transportation logistics, blockchain technology has been providing solutions to a variety of industries. Blockchain can also become the answer to the problems encountered by bancassurance. The Issues Bancassurance Faces Now, and How Blockchain Can Help First of all, bancassurance is […]

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 […]