Smart Data Collective

SEPTEMBER 19, 2022

Fintech analytics helps businesses in the financial and banking industry offer satisfactory services by: Enhancing View Of Customer Profiling. Big Data provides data that fintech companies can leverage to build customer profiles. How Big Data Helps Fintech Companies And Startups To Better Serve And Protect Their Customers.

Banking 363

Banking Profiling Startups Advantage 363

CIO

SEPTEMBER 12, 2022

A critical step in creating a smooth journey is offering digital profiles that can be accessed by customers across multiple synchronous shopping channels. Digital profiles spare individuals (both in-store and online) from repeatedly having to input information. Nearly two-thirds (65%) of U.S. Nearly two-thirds (65%) of U.S.

Profiling 370

Profiling Entertainment Retail Banking 370

CIO

JULY 30, 2024

IDC’s Future of Industry Ecosystems MaturityScape Benchmark Survey, 2023 Notwithstanding the power of collaboration, high-profile programs bring the risk that new partners will present themselves opportunistically. Contact us today to learn more.

Benchmarking 396

Benchmarking Alliance Banking Profiling 396

CIO

APRIL 4, 2024

To be successful, an AI proof of concept (PoC) project also needs to make good business sense, says CIO Vikram Nafde, CIO at Connecticut-based Webster Bank. Webster Bank is following a similar strategy. “We want to maintain discipline and go deep.” On-time delivery has improved substantially,” she says.

Banking 505

Banking Pharmaceutical Technology Technology 505

CIO

NOVEMBER 20, 2023

An AI system can gather data from customer relationship management software, social media profiles, email interactions, and purchase histories to identify the candidates most likely to convert. AI engines are getting much smarter, but you don’t want to bank the future of your company on decisions being made by a bot,” says Ramakrishnan.

Airline 493

Airline Retail Knowledge Algorithm 493

Smart Data Collective

MAY 23, 2021

Fraudulent activity has always been a major issue for financial institutions such as banks and insurance companies. Client Risk Profile Categorization. The financial status of an individual is revealed in their risk profile. As a result, fintech firms can solve complex challenges even more quickly and efficiently.

Profiling 344

Profiling Loss Banking Intelligence 344

CIO

SEPTEMBER 10, 2024

Additionally, we explored how predictive models could be used to identify the ideal profile for haul truck drivers, with the goal of reducing accidents and fatalities. In an industry where companies typically relied on third-party consultants to analyze their data, we believed our approach was a slam dunk. We’re all in it or we are not.

IT 459

IT Banking Innovation Education 459

CIO

JUNE 13, 2023

The fascination in the idea comes from the observation that AI models don’t need the same kind of precision as, say, bank ledgers. Reliable computing Trustworthy systems have always been the goal for developers but lately some high-profile events are convincing some IT managers that better architectures and practices are necessary.

Innovation 545

Innovation IT Airline Algorithm 545

CIO

JULY 16, 2024

billion) financial restructuring plan could be in place soon, after it acquired funding to cover the initiative and reached a Lock-up Agreement with a group of banks and bondholders. With this plan, Atos will have an improved financial position and a stronger credit profile.”

Finance 370

Finance Commerce Banking Profiling 370

CIO

MAY 30, 2024

Upon completion, you will need to pass a knowledge test to earn a badge that you can display on your resume or LinkedIn profile. The videos include an introduction to the course, LLM applications, finding success with generative AI, and assessing the potential risks and challenges of AI.

Knowledge 516

Knowledge Education Banking Finance 516

Smart Data Collective

SEPTEMBER 16, 2022

The massive digitalization of financial transactions stimulates the active growth of companies developing in the field of virtual banking or neo-banking and the provision of accounting services in a remote format. Blockchain technologies allow creating transparency for clients, banks and other institutions. Instant transfers.

Finance 325

Finance Banking Startups Technology 325

CIO

JUNE 20, 2024

Clients can leverage thousands of hardware profiles and storage options without having to re-architect their existing applications, allowing for control of their data and where it resides. This will ultimately help accelerate and scale the impact of clients’ data and AI investments across their organizations.

Innovation 436

Innovation Security Security Banking 436

Smart Data Collective

SEPTEMBER 27, 2020

trillion’s worth of proceeds from illegal activities are funneled through legitimate banking systems every single year, coming out clean on the other end. This data is then analysed against a customer’s profile and historical information to create a 360-degree view of all of their financial activities. In fact, an estimated USD 2.4

Algorithm 340

Algorithm Banking Profiling Finance 340

Smart Data Collective

MAY 10, 2022

For example, banks now apply AI to assess credit risks with high accuracy. It’s critical to financial institutions such as banks and credit unions that earn revenue from lending money with interest. Hence, banks go through the pain of assessing every prospective borrower’s creditworthiness. Fraud Detection.

Technology 321

Technology Technology Marketing Marketing 321

CIO

OCTOBER 27, 2023

Banking on product-based IT To develop the next generation of customer services, Lufthansa’s Digital Hangar has adopted new business operating models popular among organization’s pursuing digital transformation, Spannbauer says. “We

Airline 488

Airline Travel Pharmaceutical Alliance 488

CIO

APRIL 30, 2024

The law would also ban AI systems that monitor employee or student emotions, conduct social scoring, or engage in predictive policing based on a person’s profile or characteristics. The untargeted scraping of facial images from the internet or security footage to create facial recognition databases is also prohibited.

IT 435

IT Banking Profiling Education 435

CIO

AUGUST 18, 2022

At Paris-based BNP Paribas, scattered data silos were being used for BI by different teams at the giant bank. Also important was Dremio’s role-based views and access control for security and governance, which help the Berlin, Germany-based company comply with GDPR regulations. From a system of insight to a system of action.

Pharmaceutical 525

Pharmaceutical Retail Predictive Analytics Startups 525

CIO

SEPTEMBER 2, 2022

The push is part of an industrywide trend toward making banking more accessible by giving customers better access to savings accounts, investments, and loans through digital services, according to careers website Dice.com. Data scientist. A master’s degree isn’t necessarily required for this role, but it’s often preferred.

Finance 370

Finance IT Banking Knowledge 370

CIO

AUGUST 31, 2022

The push is part of an industrywide trend toward making banking more accessible by giving customers better access to savings accounts, investments, and loans through digital services, according to careers website Dice.com. Data scientist. A master’s degree isn’t necessarily required for this role, but it’s often preferred.

Finance 370

Finance IT Banking Knowledge 370

Smart Data Collective

FEBRUARY 3, 2021

The market for data analytics in the banking industry alone is expected to be worth $5.4 Profile managers are required to make wise judgments while picking analytics and data put together while investing. Creating sensible profile positions is the goal here. billion by 2026.

Marketing 351

Marketing Marketing Profiling Finance 351

Smart Data Collective

OCTOBER 16, 2023

For example, predictive analytics detect unlawful trading and fraudulent transactions in the banking industry. Understanding the ”normal” tendencies allows banks to identify unusual behavior quickly. Spotify finds related music to create a ”tastes profile” as you listen to and save tracks.

Business 312

Business Banking Predictive Analytics Security 312

Smart Data Collective

AUGUST 19, 2023

Credit risk is one of the most critical hazards that banks and financial organizations face. The World Bank Blog has an entire post dedicated to this topic. For example, if a bank has diversified its loan portfolio across retail, manufacturing, and technology, a downturn in one area will not devastate the entire portfolio.

Finance 246

Finance Banking Loss Retail 246

Smart Data Collective

JUNE 23, 2022

Banks, credit card companies and other financial service providers are leveraging big data in unprecedented ways. From this, the lender is able to determine a customer’s profile and whether they meet the initial criteria which might be having a certain minimum age (e.g 18 or 21), having a permanent residence and regular employment.

Finance 325

Finance Startups Banking Gaming 325

Smart Data Collective

NOVEMBER 15, 2022

They are also using AI-driven hacking strategies to take over social media profiles to trick other victims, steal data or maliciously tarnish their targets’ brand images. Brands need to recognize the need to protect their social media profiles from hackers as AI technology creates a slew of new cybersecurity threats.

Profiling 311

Profiling Security Security Technology 311

Smart Data Collective

AUGUST 8, 2019

Credit card fraud represents another prominent segment of cybercrime, causing bank customers to lose millions of dollars every year. The fact that individuals and companies are often prepared for classic phishing and banking fraud schemes has incentivized fraudsters to add extra layers of evasion to their campaigns.

Banking 270

Banking Predictive Analytics Security Security 270

CIO

MAY 15, 2023

Retail, entertainment, music, and banking have largely moved online. Behind the scenes, the company linked their customers’ Domino’s and Twitter profiles to enable this innovation. It’s a familiar story: Netflix beat Blockbuster; Amazon beat Borders. Domino’s knew each customer’s favorite order and preferred payment method.

Innovation 417

Innovation Win Restaurants Entertainment 417

CIO

MARCH 21, 2022

Website traffic data, sales figures, bank accounts, or GPS coordinates collected by your smartphone — these are structured forms of data. Each industry has its own data profile for data scientists to analyze. Structured data is organized, typically by categories that make it easy for computers to sort, read, and organize automatically.

Commerce 514

Commerce Data Analysis Finance Analysis 514

CIO

JANUARY 5, 2023

Financial technology and services company Fidelity National Information Services (FIS) uses the low code WaveMaker to develop the user interfaces for the customer-facing applications it builds for its bank customers, using APIs to connect those applications to the customer’s or FIS’ back-end systems.

IT 488

IT Startups Security Security 488

Smart Data Collective

APRIL 10, 2023

One such high-profile example of this type of attack comes from the 2016 hack of the Bangladesh Bank where hackers sent a fake payment instruction to the Federal Reserve Bank of New York, resulting in the transfer of a whopping $81 million to defrauding accounts.

Banking 274

Banking Security Security Advantage 274

Smart Data Collective

FEBRUARY 11, 2023

More than ever before, college applicants should do their best to put as much money as possible into high interest bank accounts long before they put their signature down on the student loan forms. Big data has started playing an important role in financial aid applications as well.

Education 328

Education Banking Retail Profiling 328

Smart Data Collective

NOVEMBER 1, 2022

Working on your client’s bank statement at the end of the year makes the job even more complicated. You can always request that your clients share their bank statements with you on a monthly basis. This will save you from unending efforts of sifting through the client’s bank statement for a year all at once.

Banking 287

Banking Commerce Profiling Business 287

Smart Data Collective

DECEMBER 21, 2020

In the future, more advanced AI can make far more detailed risk profiles taking into account biometrics, past claims data, and even lab testing. That is more than retailers and the banking industry. Without the need for manual business operations, quotes are generated swiftly and at minimal cost to the insurer.

Algorithm 355

Algorithm Banking Gaming Retail 355

Smart Data Collective

MARCH 15, 2023

More notably, they have an intelligence data scanning facility that doesn’t break the bank, making it a great option for businesses trying to save on their cloud usage bill. Auth0 also provides features to manage user profiles, roles, and permissions, and to enforce security policies.

Security 309

Security Security Capital Loss 309

Smart Data Collective

MAY 17, 2021

Following a string of high-profile scandals surrounding Big Tech and digital privacy, we’ve become more mindful of how these companies collect and use our data. We, the consumers, don’t gain much from this massive data collection and profiling. Facebook was recently banned from processing user data from WhatsApp in Germany.

Win 265

Win Profiling Algorithm Banking 265

Zoominfo

MARCH 17, 2025

Capital One: Enhanced Sales Efficiency with Centralized Data and Automation Capital Ones Commercial Banking division faced significant challenges in optimizing relationship managers (RMs) efficiency due to time-consuming manual data entry and fragmented information sources.

Capital 130

Capital Hospitals Sales Intelligence 130

Smart Data Collective

AUGUST 15, 2019

For example, Chime Bank used artificial intelligence to test 216 versions of its homepage in just three months. For example, if a customer contacts you, you’re able to pull up a full profile of every touch point that customer has had. After all, the ability to determine your target market early on can save you plenty of money.

Business 266

Business Competitive Landscape Human Resources Predictive Analytics 266

Zoominfo

JANUARY 27, 2021

After your marketing team creates ideal customer profiles , it’s time to gather first-party data and find the most common factors from current accounts. That data bank is enough to amass a vast ecosystem of contact information — all marketers have to do is pick out what they want.

Predictive Analytics 264

Predictive Analytics Banking Gaming Profiling 264