Meta-Analysis: Financial Industry Predictions for 2013
We’ve analyzed a mountain of financial industry predictions for 2013. Here are the most interesting points of consensus. 1. Mobile No matter the source, mobile tops nearly every prediction list for...
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Big Data in Banking – Demystified
There is a lot of discussion about big data these days, and along with it, the 3 V’s; velocity, variety, and volume. But I get two major questions from bankers I talk to on the subject. First, what...
View Article#Trending: The Big Data Debate
In Zoot’s 2013 financial predictions, big data was forecasted to be a game changer for the industry. The applications of big data are varied and skeptics abound. It’s possible that the term is simply a...
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Customer Data: Use It or Lose Them
This has certainly been the year for big data hype. With the volumes of data banks have about their customers the biggest challenge seems to be discovering the most efficient way to boil it down and...
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Big Data May Mean Big Danger
Dr. Steve Coggesshall’s presentations are well known for being rich in data and perspective. This year’s presentation at ID Analytics’ Advance conference by Dr. Coggeshall took an interesting turn. He...
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Financial Industry Predictions for 2014…or sometime this Decade?
It is the beginning of a New Year, which means everyone in the financial industry is making their predictions for 2014, and so it goes. However, a funny thing happened when we started compiling our...
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The Five Stages: Dealing with the Inevitability of Alternative Data
The acquisition, aggregation, storage, and use of more consumer data is not a new trend in banking. We have been hearing terms like “big data” and “alternative data” for years. The basic premise...
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The Disruptive Potential of Personalization in Banking
At the recent CBA Live conference in Washington D.C., the attendees were treated to a keynote session that featured five thought leaders making the case for five different forces that they believed...
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Forget Big Data, Little Data is the Big Deal
Big data is a nebulous topic. There has been much hype about the subject over the past several years. While it is a difficult task for financial institutions to tackle, there are ways to find success....
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