Big Data
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LATEST FINTECH NEWS
 
Internet of Things Banking

Financial Institutions Need An Internet of Things Strategy

by JP Buntinxon August 15, 2016
The Internet of Things is a great initiative to look forward to. Not only will it connect more devices to the Internet, but it will also strengthen the peer-to-peer nature of our society. At the same time, IoT will shake up the financial sector as we know it. The time for micropayments and automated money […]
BBVA Open Talent 2016

Paykey and Musoni Receive Special BBVA Open Talent Awards

by JP Buntinxon August 8, 2016
Fintech startups are always looking for new ways to spread the word about their project. The annual BBVA Open Talent innovation contest this one the most prominent opportunities to do so. A total of 56 startups has been announced for the finals, which take place across different continents. Furthermore, the BBVA Open Talent 2016 special […]
Kavout Artificial Intelligence Big Data

Kavout Launches Free AI-Driven Investment Platform

by JP Buntinxon July 12, 2016
It is impossible to deny the impact artificial intelligence will have on the financial sector in the coming years. Many Fintech startups see this technology as a way to remove entry barriers for investment platforms. Kavout has been thinking along those same lines, as they launched their free artificial intelligence-driven investment platform not too long […]

Robo-advising Fintech

Lack of Expertise Can Hurt Growth of Robo-advising Sector

by JP Buntinxon July 6, 2016
The Fintech market seems to focus a lot of it attention on robo-advising. But at the same time, there is a growing concern these tools may not make a dramatic impact anytime soon. Moreover, the long-term viability of robo-advisors is not set in stone either. In the end, it is important to keep in mind […]
Transaction Laundering Mobile Payments

Transaction Laundering Threatens Mobile Payment Ecosystem

by JP Buntinxon July 1, 2016
Electronic crime is one of the biggest threats finance has faced throughout the years. Money laundering continues to rise, despite preventive measures by financial institutions all over the world. Criminals are focusing their attention on the mobile ecosystem now, through transaction laundering. Big data will help to identify irregular transaction patterns. The evolution of mobile […]
Fintechist_Insurance Big Data

Big Data In Insurance Sector Is A Double-Edged Sword

by JP Buntinxon June 16, 2016
Big data is an incredibly valuable resource in the world of financial technology. As the overall picture of our society becomes clearer in technological terms, some risks need to be addressed. Mainly where insurance is concerned, as big data may cause several consumers to “fall off the boat”. By embracing these new and disruptive forms […]