The Role of Big Data in Banking : How do Modern Banks Use Big Data?
Recently, we have been hearing about Big Data more and more often. In today’s digital world, this technology is being actively used in the financial industry as well. Let’s take a closer look at the tasks tackled by Big Data in banking and the ways it ensures cyber security and increases customer loyalty.
To Accelerate Digital Transformation, Banks Need to Embrace Fintech Partnerships
As financial services evolve to meet the challenges posed by a digital-first marketplace, banks need to bring technology out of the shadows of operational support functions and into the forefront of innovation, digital services and customer experience.
Why B2B startups will be the dominant startup species in Europe
The recent wave of European unicorns is dominated by B2B startups. About 60% of the European startups that gained unicorn status in the first quarter of 2021, have a B2B business model. And with Celonis we’ve just seen a new B2B ‘decacorn’, the first one to have risen out of Germany.
Startup Dictionary: 20 common startup buzzwords briefly explained
As a sequel to our 2019 article on buzzwords in the startup ecosystem, we’re bringing an update with some newer terms. Two years have gone by and what one can notice is that much of the jargon in the startup scene today comes from software and fintech, even spreading through to other industries and making some expressions gain new meanings.
The Future Of Crypto And Blockchain: Fintech 50 2021
The meteoric rise of bitcoin – from $10,000 since last year’s list to an all-time high of $65,000 this April – and other major cryptocurrencies over the past few months secured a record eight spots on this year’s Fintech 50 list for blockchain and cryptocurrency focused companies.
Cybersecurity experts face a new challenge: AI capable of tricking them
If you use such social media websites as Facebook and Twitter, you may have come across posts flagged with warnings about misinformation. So far, most misinformation – flagged and unflagged – has been aimed at the general public.
Top 5 benefits of a new cybersecurity market model
By objective measures, enterprises just aren’t getting their money’s worth out of their cybersecurity spending. In a fast-paced economic and cyber threat landscape, organizations often buy new technology solutions without being able to fully assess their efficacy and then are forced to move on to new issues and problems before they can make the tools they already have fully effective.
Growing Focus on Reducing Manufacturing Costs Favors Growth of Mobile Robotics Market
SHARE TWEET SHARE EMAIL
Automated machines that can move around when programmed without having to move them around in real time are known as mobile robots. They can move around without having to follow a fixed path as the conventional robots. These robots find a diverse range of applications in a host of different industries. Products in global mobile robotics market use different sensors, cameras, mechanical gears, and software tools to function in various different environments without requiring human intervention. Growing concern regarding workplace efficiency and focus on reducing cost yet increasing the production capacity are key factors boosting the global mobile robotics market in coming years.
How Artificial Intelligence Will Transform Businesses In 2021?
Every industry is being transformed by Artificial Intelligence owing to its sophisticated capabilities and thorough data analysis. AI may help organizations in a variety of ways. Because AI is a larger technology, its commercial benefits are limitless. AI is capable of controlling corporate process automation as well as accumulating data analysis findings.
IoT Creates Buzz, but IoT-as-a-Service Creates a Path
IoT-as-a-Service allows companies to quickly leverage the full power of connected devices, incorporate new technology, and speed the time to value.
Investing in the right future for the cloud
In the last decade we have seen cloud technology evolve from a useful competitive business tool to one of the key foundations of the business world. Migrating assets, application and infrastructure to the cloud is an underpinning objective for most digital transformation strategies, with the aim of creating a more agile and adaptable operation.
Understanding the Strength of Analytics in Fintech
While most businesses may not have adopted big data, data science and analytics are revolutionizing the fintech industry. The ability to process large amounts of data and derive meaningful insights through analytics has an immense impact on fintech. Not only does it help in making smart business decisions, but it also plays a key role in boosting efficiency and customer experience.
Bill Gates and EU pledge $1 billion boost for green technology
The European Union and an energy investment programme founded by Bill Gates plan to raise up to $1 billion to roll out the low-carbon technologies Europe is betting on to meet its climate change goals, the European Commission said on Wednesday.
Digital transformation vs. IT modernization: What's the difference?
Are your digital initiatives truly transformative, or just an upgrade? Consider these five defining characteristics of real digital transformation
Why digital transformation is crucial for survival in the “new normal”
As well as costing millions of lives, the COVID-19 pandemic wreaked havoc on the world’s economy. Although vaccines are now rolling out around the world, even though that’s at a different tempo depending on the country, enterprises are cautiously hoping that they are past the worst, and are looking forward to recovery.