The Future of Fintech: AI & Blockchain
Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:Starling enhanced its gambling block feature with a 48-hour switch-off delayWestern Union is piloting a new digital service amid the coronavirus pandemicA fintech that lets customers pay bills with their credit cards just secured $75 million in fundingCollibra nabs another $112.5M at a $2.3B valuation for its big data management platform
GDPR and other data protection and privacy regulations — as well as a significant (and growing) number of data breaches and exposées of companies’ privacy policies — have put a spotlight on not just on the vast troves of data that businesses and other organizations hold on us, but also how they handle it. Today, one of the companies helping them cope with that data trove in a better and legal way is announcing a huge round of funding to continue that work.Activist investor Starboard says it has 9.3% stake in software firm Commvault
Activist investor Starboard Value LP has built a stake in U.S. data protection and data management software company Commvault, saying in a regulatory filing that it felt the shares were undervalued when it purchased them.The Future of Fintech: AI & Blockchain
Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:iCapital raises a $146 million funding round as it aims to further enhance its platformTHE MILLENNIAL FINANCIAL HEALTH REPORT: How the largest generation is saving and managing their money, and how banks can target products and messaging to reach themMajor Australian banks are allowing customers to defer mortgage payments up to six monthsThe Future of Fintech: AI & Blockchain
Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:Several major US banks are closing branches or restricting access as the coronavirus pandemic worsensGreensill will offer National Health Service workers access to their wages in real time for freeThe US may award regulatory credit to banks that help mid- and low-income consumers during the coronavirus crisisInformatica flings a phone directory of new features at fearless data fettlers
Having trouble wrangling your data? It can probably automate that Informatica is boasting a total of 25 new features across its suite of data management technologies which could all be grouped under the phrase "we can automate that!"…Battery analytics software startup Twaice raises €11M Series A led by Creandum
Twaice, the Munich-based startup that has built analytics software to help with battery management in electric vehicles and other devices, has raised €11 million in Series A funding. Leading the round is European early-stage venture capital firm Creandum, with participation from existing investors Cherry Ventures, UVC Partners and Speedinvest, which backed the company’s earlier seed round. Already used in trucks, cars, e-scooters and stationary power storage, the Twaice software creates a “digital twin” of battery systems by utilising sensor data, and physical and data-driven battery models.The Incredibly Important Role Of Big Data In Academia
One of the most important elements in the evolution of the education system is the ability to make informed conclusions about the need to change approaches that are used and the actions that are taken. According to a 2015 whitepaper published in Science Direct, big data is one of the most disruptive technologies influencing the field of academia. The educational system continuously creates and accumulates a significant amount of data, and the question of the systematic work with these data by a wide range of subjects of education today can be called one of the most important.Informatica brings serverless compute to Data Integration Cloud
The highlight of the spring release is introduction of serverless computing. The new release also adds more services that are aided with machine learning, and the use of graph computing to help organizations build a single view of customer master data.Coordinated response required to optimize telehealth during COVID-19 pandemic
Eric Perakslis Contributor Share on Twitter Eric Perakslis, PhD is a Rubenstein Fellow at Duke University, Lecturer, Department of Biomedical Informatics at Harvard Medical School and Innovation Advisor to Médecins Sans Frontières. He has significant experience leading technology efforts in infectious disease outbreaks. As the COVID-19 epidemic scales exponentially across the United States, calls for expended use of telehealth, innovative technology solutions and optimization of life-saving critical care hospital beds clearly highlight unmet needs in the American healthcare system.FOLLOW US:
