AI & ML Fintech Technology Giants

Google Cloud launches new tools for deploying ML pipelines (Frederic Lardinois, TechCrunch.com)

Google  Cloud today announced the beta launch of Cloud AI Platform Pipelines, a new enterprise-grade service that is meant to give developers a single tool to deploy their machine learning pipelines, together with tools for monitoring and auditing them. “When you’re just prototyping a machine learning (ML) model in a notebook, it can seem fairly straightforward,” Google notes in […]

Alternative Data Fintech

How Organizations Can Avoid Alternative Data Fatigue (Gary Read, Forbes.com)

While the alternative data market is thriving—and projected to be worth $350 million in 2020, up from $183 million in 2016—we have witnessed organizations suffer from alternative data fatigue in 2019. The same groups of alternative datasets are being packaged and sold to the same groups of hedge funds, who then typically spend more time preparing the data than […]

Alternative Data Fintech

The “Rise of Alternative Data:” So, What the Heck Is It? (Luke Fitzpatrick, cpomagazine.com)

Big data adoption is fairly widespread, with 53% of companies using it in 2017. But it’s just the tip of the iceberg.- Advertisement – Now, an increasing number of businesses are recognizing the value of alternative data that may not have been on their radar a few years ago. In fact, total buy-side spend jumped from $232 […]

Fintech Open Banking UK

Barclays invests in Open Banking-based utility switching app Youtility (Finextra)

Youtility, a London-based startup tapping into Open Banking to help people track their household expenses and switch utility suppliers, has raised £4.5 million in a funding round joined by Barclays.Barclays was joined by Icap founder Michael Spencer and Ascension Ventures’ Fair By Design Fund, which focuses on firms targeting low-income households. The free Youtility app […]

Fintech Technology Giants

Big Tech will have to share data under EU proposals ( Javier Espinoza, Madhumita Murgia, Richard Waters, Financial Times)

Dominant tech companies will have to open up their troves of data to smaller rivals, as other sectors such as financial services already do, the European Commission said, in proposals aimed at breaking down the monopolies such as those of Amazon and Google. In a document outlining a “European strategy for data”, the commission said […]

Fintech Payments

The Slow Death Of Checking Accounts (Ron Shelvin, Forbes.com)

OBSERVATIONS FROM THE FINTECH SNARK TANK I recently spoke to First National Horse and Buggy about their innovation efforts. Here are two innovative ways the company is planning to improve their customers’: Convenience. As they age, people find it harder to climb the stairs to get into a buggy. So FNHB will be deploying mini-escalators attached […]