Big Data Archive

All about Cognitive Banking

If you change nothing, nothing will change Everything in today’s life is moving totally digital, and with the AI and other things, large enterprises are trying to move everything from the hands of Humans to a robot or a computer. So Cognitive banking is also somewhat on the same lines. Cognitive banking is using Cognitive computing in the normal banking procedures, so let us first …

Machine Learning and AI based Fintech Startups

In the recent times, a plethora of data driven startups has paved their towards the banking and finance system. Adding the spice, their arms to disrupt this field are not experts from the top management colleges, but two elite engineering terms that have the potential to rule the world: Artificial Intelligence and Machine Learning.  With the massive number of people being a part of the internet …

Digibank by DBS

“People don’t need banks, people need banking”- Bill Gates Applications for banking are increasing and the penetration of virtual credit cards, virtual debit cards are increasing. With the penetration of the same in India, Digibank which is a multinational banking and financial service providing bank also thought to launch its services in India. They didn’t launch the services in India as a full fleshed bank, …

Top Tools for Bitcoin Developers

Bitcoin is a groundbreaking digital technology with the potential to radically change the way that conducts the banking and commerce and to bring billions of people from the emerging market into a modern, integrated, digitalized and globalised economy. Bitcoin is the world’s famous digital currency. Bitcoin is a crytocurrency and crypto currencies are slowly gaining toehold in among corporations, IT companies, E-commerce stores, and non- …

Whatsapp’s Digital Payment Service In India

Whatsapp is one of the best and fastest instant messaging service in India. Whatsapp was Cofounded by Brian Acton and Jan Koum in 2009. It has almost over 200 million users worldwide. Taking advantage of this vast amount of users and to increase capitalisation Whatsapp is now planning to launch it’s very own digital payment service, as per report by the Ken (Paywall). It is …

Blockchain: DNA of Bitcoin

A blockchain is a shared, immutable, online, digital and a public ledger of all Bitcoin transactions that have ever been executed. It is persistently growing as ‘completed’ blocks (records arranged in databases) are added to it with a recent set of recordings. The blocks are added to the block chain in chronological and linear order. It fosters a new generation of transactional applications that establish …

How Does Big Data Work in Finance?

Big data is an emergent trend driving investments in enterprise which comprises set of analytical tools that are geared towards fast meaningful large data sets in today’s financial services marketplace. All financial services firms are leveraging big data to transform their process, their organizations and rapidly, the entire industry. Emerging big data tools provide enterprise with the potential to analyze far greater quantities and types …