23 May 2018
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Latest big data news

NextGen Banking London - live blog
Retail banking

NextGen Banking London - live blog

17 May 2018  |  4456 views  |  0 comments

Welcome to Finextra's live coverage of NextGen Banking London. The event promises to explore what the AI revolution means for banks - and what financial institutions need to do to benefit from AI, and ensure their customers do so as well.

Irish bank caught in social media spying storm
Security

Irish bank caught in social media spying storm

14 May 2018  |  8810 views  |  0 comments | 25 tweets | 16 linkedin

Allied Irish Bank (AIB) has been accused of spying on its customers after it emerged that it monitors mortgage holders' social media accounts

Hong Kong brings lending decisions into the digital age
Retail banking

Hong Kong brings lending decisions into the digital age

11 May 2018  |  6101 views  |  0 comments | 10 tweets | 13 linkedin

The Hong Kong Monetary Authority (HKMA) is looking to bring lending into the digital age, allowing banks to forgo traditional credit checks on some personal loans in favour of big data analysis.

Deutsche Bank looks to big data for stock price clues
Artificial Intelligence

Deutsche Bank looks to big data for stock price clues

27 April 2018  |  8874 views  |  0 comments | 6 tweets | 7 linkedin

Deutsche Bank's research unit has unveiled an interactive web tool that uses big data in an effort to quantify the importance of intangibles, such as environmental and social issues, on stock prices.

Swift Business Forum London - live blog
Retail banking

Swift Business Forum London - live blog

24 April 2018  |  13308 views  |  0 comments | 2 tweets | 2 linkedin

Welcome to Finextra's live coverage of the Swift Business Forum London 2018. This event will focus on important issues affecting the financial industry, exploring how far and how fast the transformation of financial services will take place in the UK and beyond.

'Fake data' will make banks vulnerable - Accenture
Artificial Intelligence

'Fake data' will make banks vulnerable - Accenture

20 April 2018  |  12132 views  |  2 comments | 31 tweets | 40 linkedin

Many banks are not doing enough to verify the validity and accuracy of their data, leaving them vulnerable to false insights that could lead to bad decisions, according to Accenture.

Microsoft defends support for controversial Cloud Act
Security

Microsoft defends support for controversial Cloud Act

05 April 2018  |  12709 views  |  0 comments | 1 tweets

A long-running court battle between Microsoft and the US government about whether the latter had the right to access emails held in Microsoft's Irish data centre has come to an anticlimactic end after a judge dismissed the case, ruling it to be "moot" due to the recent passing of the Cloud (Clarifying Lawful Overseas Use of Data) Act.

Singapore's MAS preps guidelines for ethical use of AI and data analytics
Artificial Intelligence

Singapore's MAS preps guidelines for ethical use of AI and data analytics

04 April 2018  |  7933 views  |  4 comments | 7 tweets | 10 linkedin

The Monetary Authority of Singapore (MAS) has brought together industry players to work on guidelines for the "responsible and ethical" use of AI and data analytics in the financial services sector.

Swift Business Forum Canada - live blog
Transaction banking

Swift Business Forum Canada - live blog

21 March 2018  |  10190 views  |  0 comments

Welcome to Finextra's live coverage of the Swift Business Forum Canada 2018 in Toronto. This event will focus on important issues affecting the financial industry, exploring how far, and how fast, the transformation of financial services will take place in Canada and beyond.

JPMorgan-backed FinLab competition calls for applications from women and people of colour

The Financial Solutions Lab (FinLab), an innovation programme backed by JPMorgan Chase, is looking to make fintech a little less male and white, calling on entrepreneurs of colour, women and people with disabilities to take up its latest challenge to develop products that can support under-represented communities - and, in the process, bag a slice of a $3 million prize fund.

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