During the last few decades, Big Data has become an insightful idea in all the significant technical terms. Additionally, the accessibility of wireless connections and different advances have facilitated the analysis of large data sets.Read More
Curated list of 2020 Tech Landscape Maps from around the world.Read More
The COVID19 crisis has been playing out globally for over half a year, or almost a year counting its early phase in China. It’s been hurting a lot of sectors, but one particular sector stood to benefit — Fintech.Read More
Build predictive models to automate the process of targeting the right applicants.
Loans are the core business of banks. The main profit comes directly from the loan’s interest. The loan companies grant a loan after an intensive process of verification and validation. However, they still don’t have assurance if the applicant is able to repay the loan with no difficulties.
EasySend, a no-code automation platform provider focused on the financial industry, today announced it has raised $16 million. CEO Tal Daskal says the funds will enable the company to double its current staff, optimize product development, and expand its customer base.Read More
When starting a new modeling project, it is important to start with EDA in order to understand the dataset. In this case, the credit card fraud dataset from Kaggle contains 284,807 rows with 31 columns. This particular dataset contains no nulls, but note that this may not be the case when dealing with datasets in reality.Read More
2020 has been a crucial year for IoT and as we are approaching 2021, the technology is considering as a business imperative. IoT is everywhere today, making an impact on how we work, talk and engage with others. Reports show that there will be 35 billion IoT devices installed worldwide by 2021 and 75.44 billion by 2025.Read More
Cloud-based identity verification and fraud prevention startup Socure today closed a $35 million round. CEO Tom Thimot told VentureBeat the funds will bolster Socure’s R&D efforts and help it expand its customer base.Read More
Proactivity. It’s a buzz word you hear frequently in the technology industry, but proactivity might not be the first thing that comes to mind when you think of banking or even AI.Read More
Artificial Intelligence has been seen as a blessing by the fintech players and payment providers that would help customers in online purchases during social distancing, and also facilitating people in not leaving their houses.Read More
An expanding number of challenger banks have eschewed the industry’s traditionally slow and steady innovation approach.
These banks are offering digital or mobile-only platforms powered by cutting-edge technologies like artificial intelligence (AI), biometrics and machine learning (ML) to fulfill users’ needs with greater speed and a little more flair.