Latest Big data News: Finextra Research

Credit Suisse teams with Palantir to sniff out rogue staffers

Credit Suisse has formed a joint venture with big data outfit Palantir that will focus on identifying rogue bankers, according to Bloomberg.

23 March 2016

Company update/Big data

Feedzai opens in UK

Portuguese company Feedzai, a leader in the global Big Data real-time fraud detection business for the banking and e-commerce sectors, announced its further expansion in Europe and the opening of its new UK offices.

15 March 2016

News/Big data

Lloyds partners Google on data analytics

Lloyds Banking Group is collaborating with Google on a project to dig deeper into its data sets and unlock hidden trends in customer behaviour.

04 March 2016

News/Big data

The force awakens: Big Data in banking

Advances in big data mining could open up whole new frontiers in financial services, says Standard Chartered’s global chief innovation officer, Anju Patwardhan

01 March 2016

Company update/Big data

UOB commits $1m to Asian fintech accelerator programme

UOB today announced its plans to encourage the growth of the best and brightest financial technology (FinTech) start-ups in the region.

29 February 2016

News/Big data

Scotiabank builds customer analytics centre at Smith School of Business

Seeking to harness the power of big data, Canada's Scotiabank is pumping C$2.2 million into a new customer analytics centre at Queen's University.

12 January 2016

Company update/Big data

GFT launches Blockchain app for commodities

GFT, the leading provider of advisory, business consulting, IT and software services has launched its commodities consensus computing prototype for clients, which demonstrates how it is possible to track physical commodities assets through the use of a distributed ledger-based business model.

07 January 2016

News/Big data

Banks boost innovation investment to see off fintech rivals

The vast majority of retail banks around the world have increased their investments in disruptive technologies this year as they seek to fend off a surge of new technology, telco and fintech competitors, according to research from Infosys Finacle and Efma.

05 November 2015

Company update/Big data

Nomis and Zafin forge strategic alliance

Nomis Solutions and Zafin announced today the formation of a strategic global alliance to deliver an integrated and seamless deposit pricing experience to retail banks.

30 October 2015

Company update/Big data

PwC buys forensic data search platform Kusiri

PwC’s deals and forensics practice has acquired the assets of Kusiri, a technology start-up which provides a forensic data search platform used to discover fraud and for compliance screening. Six people from Kusiri joined PwC’s forensics team on Monday 26 October.

28 October 2015

Company update/Big data

Thomson Reuters enlists IBM Watson

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, and IBM (NYSE: IBM) today announced they have entered into an agreement to enhance customer solutions across Thomson Reuters using Watson.

09 October 2015

Company update/Big data

FI Navigator unveils fntech data and analytics platform

From SourceMedia’s Banking Analytics Symposium, FI Navigator formally launched its banking vertical data and analytics platform and announced the availability of its initial module on mobile banking.

06 October 2015

News/Big data

European rulemakers put big data under the microscope

European supervisory authorities are to undertake a review of the use of big data to profile and target consumers by the bloc's major banking groups.

05 October 2015

News/Big data

SEC expands use of Palantir big data software to catch insider traders - Reuters

The Securities and Exchange Commission has struck a five year, $90 million contract with big data outfit Palantir Technologies to help it sniff out insider trading, according to Reuters.

01 October 2015

Company update/Big data

Indra to offer big data card analytics using 50wise app and IBM Watson

50wise Ltd, a leading provider of IT solutions to the payments industry, today announced that Indra, one of the world's largest consultancy and technology multinationals, has adopted its eVision solution powered by IBM Watson to enhance its card payment services to financial sector clients.

28 September 2015

Company update/Big data

Citi Ventures joins $40m funding round for big data firm Datameer

Datameer, the only proven big data analytics platform for everyone, today announced it has closed a $40 million round of financing. ST Telemedia (STT) led the round, joined by Top Tier Capital Partners (TTCP) and participation from Kleiner Perkins Caufield & Byers (KPCB), Redpoint, Next World Capital, Software AG and Citi Ventures.

18 August 2015

News/Big data

PayPal and the US Department of Commerce to mine economic data

PayPal is working with the US Department of Commerce to tap into a treasure trove of economic data on consumer and business purchasing patterns worldwide.

17 August 2015

Company update/Big data

Corporate360 establishes Indian big data incubator

With technology one of the fastest growing sectors in India, big data startup Corporate360 is investing in the next generation of tech entrepreneurs in the country by launching a brand new IT park and incubation center in rural Kerala.

11 August 2015

News/Big data

Envestnet to buy Yodlee

Wealth management technology provider Envestnet has agreed to buy fintech outfit Yodlee in a cash and stock deal with an enterprise value of around $590 million.

10 August 2015

News/Big data

Commerzbank venture fund invests in iwoca

The venture capital arm of Germany's CommerzBank has joined in a $20m funding round for UK-based SME lending platform iwoca.

30 July 2015