Tagged: big data

CaixaBank Participates in Research Consortium to Explore Ways of Combatting Cyberattacks

Working with eleven international entities, CaixaBank has formed a European research consortium “to explore ways to improve cybersecurity by leveraging artificial intelligence (AI) and big data.” The project, AI4CYBER, is “part of the Horizon Europe program for research and innovation, funded by the European Union.”… Read More

CaixaBank Research Introduces “Real-Time Economics” Portal to Monitor Economy

CaixaBank Research, the Research Service of CaixaBank, has launched its “Real-Time Economics” website, which is described as “the most complete initiative of its kind in the world, offering quality information practically in real time on the country’s economic reality.” The company’s Research Service is “making… Read More

Data and Analytics Platform Quantexa Appoints Global Tech Consulting Exec as Chief Product Officer

Quantexa, the international data and analytics software company “pioneering” Contextual Decision Intelligence (CDI), recently announced that Dan Higgins has been “appointed as Quantexa’s new chief product officer, joining the rapidly growing global technology company’s executive leadership team.” In this role, Higgins will have executive responsibility… Read More

Tencent Is Exploring Big Data, AI, Blockchain to Offer Green Computing Solutions

Tencent Holdings Ltd., a major Chinese multinational technology conglomerate holding company founded in 1998, says it’s getting ready for a carbon-neutral future. Tencent, whose subsidiaries globally market Internet-related services and products, including in entertainment, Fintech, artificial intelligence, and other technology, confirmed that earlier this month,… Read More

Pagaya Teams Up with SoFi to Expand Access to Financial Services, Create Opportunities for Clients

Pagaya Technologies Ltd., a financial technology firm that enables financial institutions to expand access to more clients via its artificial intelligence network, announced earlier this week that it formed a new partnership with SoFi (NASDAQ: SOFI), the digital personal finance company. The new partnership will… Read More

Constellation Network Acquires SaaS Startup, Dor, to Scale Blockchain Tech to Over 2,000 Retailers

Constellation, a distributed infrastructure that connects Big Data and the blockchain, has announced that it has acquired Dor, a startup that helps retail brands expand their business operations by “empowering them to improve customer outcomes through its data analytics solution that enables them to better… Read More

Fintech Pagaya Hires Leslie Gillin as Chief Growth Officer, Recommitting to Assisting Banking Institutions in their Ongoing Growth

Pagaya Technologies Ltd., a financial tech firm that enables financial institutions to expand access to more clients via its partnerships and AI network, reveals that it has hired Leslie Gillin, ex- President at Chase Co-Brand Cards, CMO of Citi‘s Global Consumer Bank and, recently, CMO… Read More

China’s Public Blockchain Nervos to Integrate with Covalent, an Indexing Solution Provider for DLT Networks

Nervos, China’s leading public blockchain, has revealed that it will be integrating its testnet and mainnet with Covalent, an established provider of indexing solutions for blockchains, “expanding the availability of data on the network and simplifying the experience for developers building on Polyjuice, an Ethereum… Read More

Conversational AI Could Make Financial Info More Accessible, Understandable, Commonwealth Report Reveals

A report from national non-profit Commonwealth notes that “powerful” emerging technologies (Emtech) have the “unprecedented” potential to “shape the future of people’s financial lives, often in ways that will be with us for decades or longer.” According to the Commonweatlh report, Emtech like Big Data-powered… Read More

Israel’s Blumberg Capital Secures $225M to Invest in Early-Stage AI, Big Data, Cybersecurity, Fintech Ventures

Blumberg Capital revealed on Friday (September 18, 2021) that it has secured $225 million as part of its fifth fund, which focuses on making strategic investments into early-stage ventures. Blumberg was established around 30 years back by Jewish entrepreneur David Blumberg and has reportedly invested… Read More

Low Code Software with A Service Platform CLEVR Acquires Digitread, a Product Lifecycle Management System

CLEVR, the low-code and no-code software-with-a-service specialist, reveals that it has acquired Digitread, one of the emerging companies focused on Product Lifecycle Management (PLM) system integration and a “platinum-level” solution partner of Siemens. The acquisition should help raise CLEVR‘s profile and support its geographic and… Read More

Manu Smadja: CEO at MPOWER Financing, a Fintech Firm Facilitating Educational Loans, Shares Business Strategy

MPOWER Financing, a global education loan provider, recently secured an equity investment of $100 million. The new funding is in addition to the $60 million MPOWER raised earlier this year from Tilden Park Capital Management that also participated in the current round along with ETS… Read More

South Korean B2B Fintech Webcash Group Receives $20.9M Investment from KT, a Major Telecom Firm

KT, one of South Korea’s largest telecom companies, reveals that it will be investing KRW 23.6 billion (appr. $20.9 million) into the operations of Webcash Group. The investment will be part of a plan to form an alliance relationship for the B2B sector. Webcash Group… Read More

Fintech Assets Experiencing Increased Demand as Big Data, AI, Data Analytics, Automation “Aggressively Disrupt” Sector: Report

As the world economy continued to rebound during the first quarter of 2021 (after the COVID-19 induced lockdowns across the globe), so too did international mergers and acquisitions (M&A) activity, according to a new report released by Pitchbook. Wylie Fernyhough, Senior Analyst, PE Lead, Pitchbook,… Read More

London based IOWArocks, a Marketplace for Data, Tech, Services, Adds First To Invest to its Platform

London-based IOWArocks, the international marketplace for data, technology, and services, has reportedly added First To Invest to their platform. First To Invest leverages Big Data and natural language processing (NLP) technologies to gather, structure, and share key events related to public, private firms, and specific… Read More

Abaka, which Improves Financial Wellbeing by Offering AI enhanced Financial Advice, Explains how to Better Understand Customer Behavior

London-based Abaka, which improves financial wellbeing by offering affordable financial advice powered by artificial intelligence (AI), notes that companies across different categories and markets aim to deliver the appropriate messages to their target clients, at the best time, using the most engaging channels. Traditional approaches… Read More

The Data Revolution has led to Development of New IT Systems for Storing Large Amounts of Unstructured Financial Information

Like many other sectors of the global economy, the financial services industry is experiencing what many consider to be a data revolution. The international banking sector (along with other major industries) generates large amounts of user data when handling hundreds of billions of transactions. Data… Read More

Digital Transformation: Chinese Consumers are Increasingly Using Smartphones to Make Payments as Thousands of Bank Branches have Shut Down

The long lines in front of ATM machines have now become a rare sight as Chinese consumers are increasingly using their smartphones to complete transactions, instead of making cash payments, according to a report from China Daily. Many people claim they can’t even recall when… Read More

There are 529 Fintech focused Startups in Israel and they’ve Secured Over $3 Billion in Investments

  The steady growth of the global Fintech economy and Israel’s role as a key player in this nascent sector has become more prominent during the past few years. Israel’s Fintech industry is evolving into a leading hub for companies throughout the world. Fintech covers… Read More

Deutsche Börse Finalizes $15 Million Round in Clarity AI, a Fintech Leveraging Machine Learning Tech

Deutsche Börse has finalized a $15 million investment round in Clarity AI, which is a Spanish Fintech company that leverages Big Data and machine learning (ML) to help investors and traders understand the social impact of their investment portfolios. Established in 2017, Clarity AI has… Read More

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