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Solving for Data Drift from Class Imbalance with Model Monitoring

The amount of data created within the next five years will total twice the amount ever produced, according to IDC. Not only will this data hold a wealth of knowledge and insights that businesses can leverage to enhance d Read more…

The Who, What, When, Where, and Why of Cryptocurrency Fraud — and How We Can Stop It

More than 300 million people use crypto worldwide and 16% of Americans say they have invested in, traded or used cryptocurrency, according to Pew Research. Meanwhile, cryptocurrency hacks are on the rise, with more than Read more…

AI Democratization a Work in Progress, H2O’s Ambati Says

While only about 1% of companies are making the most of their data today, real progress is being made in democratizing the use of AI, and the future of business automation via AI is quite bright, H2O.ai’s CEO and found Read more…

In Search of Hyper-Personalized Customer Experiences

Most of us want first-class treatment when we deal with a company, whether it’s on the Web, over the phone, or in person. We want them to know who we are and what we’ve done, and anticipate what we will need next. In Read more…

Cassandra to Get ACID Transactions via New Accord Consensus Protocol

The next release of Apache Cassandra, the super-scalable NoSQL database backed by DataStax, will gain support for ACID transactions, thereby opening it up for more demanding use cases. The method that will enable transac Read more…

News In Brief

Public Cloud Horse Race Heating Up: Gartner

Gartner predicts that worldwide end-user spending on public cloud services will grow to $591.8 billion in 2023, a 20.7% growth from 2022. The public cloud horse race has several cloud services companies jockeying for pos Read more…

Teradata Taps Cloudian for On-Prem Lakehouse

Teradata has reinvented itself as a cloud-first data warehouse provider with its Vantage offering. But some customers don’t want to run analytic workloads in the cloud, which is why the data warehousing giant this week Read more…

Report Finds Alternative Financial Data in Lending Could Help ‘Credit Invisibles’

Credit bureau reports have been the cornerstone of traditional underwriting practices, yet they exclude millions of consumers from credit and financial services due to the sometimes incomplete nature of the current syste Read more…

No-code Analytics System Redbird Nabs $7.6M Seed

Redbird, a New York-based enterprise analytics operating system, announced it has raised $7.6 million in an oversubscribed seed round. The Redbird platform allows non-technical users to automate and unify analytics wo Read more…

Data-savvy Organizations Are 9.5% More Profitable: Splunk

Splunk has released a report finding the most data-savvy companies are increasing their profits by 9.5% and are 2.9 times more likely to beat the competition to market. “Economic Impact of Data Innovation 2023” is Read more…

This Just In

Privitar Named Phase 1 Winner in UK-US Privacy Enhancing Technology Prize Challenge

Nov 10, 2022 |

LONDON and BOSTON, Nov. 10, 2022- Privitar, a leader in modern data provisioning, has been selected as a Phase 1 winner in the UK-U.S. PETs Prize Challenge, a transatlantic innovation prize challenge created by the United Kingdom and United States governments to advance the use of privacy-enhancing technologies (PETs) in tackling some of our most pressing societal challenges, including preventing financial crime and bolstering pandemic response. Read more…

Wells Fargo’s New Virtual Assistant to Be Powered by Google Cloud AI

Oct 24, 2022 |

Wells Fargo & Company today announced that Fargo, a new virtual assistant set to roll out to customers in the coming months, will leverage Google Cloud’s artificial intelligence (AI) to provide a more personalized, convenient, and simple banking experience. Read more…

Mastercard Launches Cloud-based Analytics Platform for Financial Strategies

Oct 10, 2022 |

PURCHASE, N.Y., Oct. 10, 2022 — Businesses often struggle with visibility into how and where they spend money—and with which suppliers. In a recent poll of treasury professionals, 91% of respondents noted they still used spreadsheets for forecasting. Read more…

IDC Ranks Teradata as a 2022 Top 100 Global Provider of Financial Tech

Sep 21, 2022 |

SAN DIEGO, Sept. 21, 2022 — Teradata has announced that it has ranked #30 on the 2022 IDC FinTech Rankings, moving up seven places from the previous year’s ranking. Read more…

Cinchy Launches Data Liberation Solution for Credit Unions

Sep 21, 2022 |

LAS VEGAS, Sept. 21, 2022 — Cinchy today launched a solution to help credit unions maximize limited resources, reduce operating and project costs, and optimize the member experience. Read more…

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