Tagged: big data

May 24, 2023 @ 8:55 am By Omar Faridi  |  

One in five data and analytics decision-makers cite the inability to process big data and act on it at the speeds needed by operations, businesses and customers as a top challenge in executing their vision, according to an update from TransUnion (NYSE: TRU). To ease… Read More

April 27, 2023 @ 8:34 am By Omar Faridi  |  

Palantir Technologies Inc., a software and services company which specializes in big data analysis, plans “to expand its operations in Lithuania, after entering into a strategic partnership, together with the Ministry of Defense of Lithuania.” Both parties are planning “to collaborate in developing new digital… Read More

March 9, 2023 @ 7:32 am By Omar Faridi  |  

Fifth Third Bancorp (NASDAQ: FITB) announced a definitive agreement to acquire Big Data Healthcare, a technology solutions provider for healthcare payments and remittance. This transaction “adds national healthcare revenue cycle capabilities, addressing the complex and complicated needs of clients, while building on Fifth Third’s legacy… Read More

January 5, 2023 @ 9:43 pm By Omar Faridi  |  

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

November 9, 2022 @ 9:29 pm By Omar Faridi  |  

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

April 11, 2022 @ 10:52 pm By Omar Faridi  |  

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

December 26, 2021 @ 9:58 am By Omar Faridi  |  

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

October 24, 2021 @ 5:56 pm By Omar Faridi  |  

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

October 14, 2021 @ 8:51 am By Omar Faridi  |  

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

October 7, 2021 @ 3:08 pm By Omar Faridi  |  

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

September 24, 2021 @ 11:00 am By Omar Faridi  |  

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

September 20, 2021 @ 8:37 pm By Omar Faridi  |  

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

September 18, 2021 @ 12:12 pm By Omar Faridi  |  

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

August 18, 2021 @ 9:15 am By Omar Faridi  |  

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

July 24, 2021 @ 3:30 pm By Omar Faridi  |  

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

July 3, 2021 @ 9:42 pm By Omar Faridi  |  

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

May 13, 2021 @ 9:05 pm By Omar Faridi  |  

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

April 30, 2021 @ 9:13 am By Omar Faridi  |  

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

February 14, 2021 @ 8:38 pm By Omar Faridi  |  

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

January 5, 2021 @ 8:13 pm By Omar Faridi  |  

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