finextra tv

Watch the latest FinextraTV stories covering fintech, banking and payments technology.

The big data advantage for digital challengers

Ricky Knox Co-Founder, Tandem, and Managing Partner, Hexagon Partners, at “Banking on the Future”, a seminar produced by Fiserv, Innovate Finance and techUK, discusses how traditional banks’ digital transformation is impeded by legacy systems, legacy profits and the difficulty of accessing and aggregating their data - and how digital challengers will exploit big data technologies to make their services more widely available while at the same time more closely identifying their ideal customers.

12101
Sponsored | what does this mean?
This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor.

Related Companies

Channels

Keywords

Comments: (1)

A Finextra member
A Finextra member 18 December, 2015, 08:57Be the first to give this comment the thumbs up 0 likes

Neat and cogent discussion. Leaves one wishing for a separate (and lengthier) conversation about blockchain, altchains and cryptocurrencies.