Financial institutions use big data and data mining to collect and analyze data for a variety of purposes: to attract customers and build their loyalty; to analyze how they feel; to adapt what they offer and the price...
The digital revolution is bringing about a radical change in the business model of traditional banking: from making money by managing their customers' wealth, they have become platforms as a service (PaaS) for third parties.
APIs in banking are helping open up the sector, which is now moving towards what is known as open banking. Under this premise, in her talk at OpenExpo, Carmen Cuesta, CTO of Nimble Payments at BBVA highlighted the importance of the culture of openness in transforming the financial system.
The entry period for the eighth competition is now open. Technology startups are invited to compete to transform the financial industry with their projects.
Personal and public data on social media like Facebook or LinkedIn, university studies, future professional potential… There are startups today like earnest, Zestfinance, Affirm or Upstart that use algorithms to create risk assessment models using different variables.
The company of Jeff Bezos improves the integration of Amazon Payments in developers' projects, and supplements the documentation for its API, one of Amazon's weak point compared to other market solutions such as Stripe.
Credit card operators have for some time used machine learning techniques in Apache Hadoop platforms to attract new customers, drive up turnover, provide personalized recommendations and detect fraud.
Financing can be a barrier to entry for entrepreneurs. Meet the choices and options to start your enterprise.
Data Science stands today as a multidisciplinary profession. The following is intended to be a basic guide of some useful resources available for each of the facets performed by these professionals.
APIs have opened up a world of opportunity in the banking business. This is especially relevant in the areas of transactional payment services, financial advice, product comparison, and money management.
