Big data emerging in financial services
While the benefits of big data are well understood for compliance and fraud prevention, the technology can also deliver very useful insights into customer behaviour. Read More: www.bankingtech.com
Singapore’s central bank sets up dedicated data analytics team
Singapore’s central bank has set up a dedicated data analytics team to strengthen its position in the global financial industry. Read more: govinsider.asia
Google’s big chance to disrupt the market data industry
Google could disrupt the financial services using a freemium model for the delivery of market news, insights and communications direct to professionals. Read more: www.fintechranking.com
CityFALCON smashes through crowdfunding target
London financial news and intelligence platform CityFALCON has hit its £150,000 crowdfunding target in less than a month. Read more: www.fintechroundup.com
FinTecSystems swipes Series A round for real-time data
FinTecSystems, a Munich-based provider of real-time financial data, has closed a Series A round.
Open source data: The last FinTech frontier
In the early days, programmers and software developers shared their creations learned from each other and advanced computing. Read more: www.crowdfundinsider.com
Fund data platform fundinfo lands HgCapital investment
Fund data and documents platform fundinfo has closed an investment from HgCapital’s Mercury Fund. The financial terms of the deal are undisclosed. Read more: www.fintechroundup.com
EU financial regulators say more rules are needed for Big Data
Additional rules may be needed to monitor growth in Big Data which could pose security, privacy and accountability risks. Read more: www.reuters.com
Data risk management firm Privitar lands £3m in funding
Privacy-enhancing software company Privitar has landed £3m in a round from Illuminate Financial Management, with follow-up funding from existing investors. Read more: techcitynews.com
Big data, big opportunities for insurance
Insurers have to be upfront with consumers that there are risks involved, but remain open about how they plan on using their data - leaving no room for doubt. Read more: www.insurtechnews.com