At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.
After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.
Putting Big Data to Work for Financial Services CompaniesApril 18, 2013By starting small, growing organically and striking the right balance between gaining the desired insight and becoming overloaded with data, financial services firms will truly recognize the gains they can make
Creating A Customized Banking Experience With Big DataApril 12, 2013Customers have different expectations of their bank, and are willing to pay for different services. Big data opens the door for banks to group their customers according to their banking preferences, which can make customers more satisfied and more profitable.
Big Data: Uncovering Newer Dimensions in Fraud PreemptionApril 10, 2013Big data is opening up new opportunities for financial institutions to combat external and internal fraud by beginning to monitor user behavior in addition to tracking account activity.
Big Data: Where to Begin?April 01, 2013Bank Systems & Technology got an early exclusive look at a report to be released tomorrow by Celent that highlights the difficulties many financial institutions are facing in moving towards a data-driven business model.
Capitalizing on Big Data Yields Customer ValueMarch 01, 2013In order to get the full value from a big data approach banks are going to have think differently about how they manage their data.
MasterCard Advisors Partners With Analytics Firm Mu Sigma On Big DataFebruary 07, 2013The two companies announced a new partnership today to create new business intelligence by combining MasterCard’s consumer purchasing database with Mu Sigma’s analytics staff and techniques.
Intel's McAfee Security Plans LayoffsOctober 08, 2012Intel Corp's McAfee
security division is planning to lay off a "small percentage" of
its workforce of about 7,100 employees, a company spokesman said
on Monday.
Google, Apple CEOs In Secret Patent TalksAugust 30, 2012Google Inc Chief Executive Larry Page and Apple CEO Tim Cook have been conducting behind-the-scenes talks about a range of intellectual property matters, including the mobile patent disputes between the companies, people familiar with the matter said.
Associated Bank Boosts Sales By Boosting CollaborationJune 22, 2012Associated Bank breaks down silos within its commercial banking sales unit and increases cross-selling by adopting the SAVO Group's sales enablement collaboration environment.
SAS Prepares Hadoop-Powered In-Memory BI PlatformFebruary 14, 2012SAS says high-performance product for business intelligence will bring big-data scale, in-memory speed, and advanced analytic power to ordinary business users.
With Big Data Comes Great Responsibility (to Your Customers)February 09, 2012Big Data represents a significant opportunity for banks to enhance the customer experience and boost retention. But digging through massive amounts of data to find the right information about a customer also presents a great challenge to overextended IT or
