This article was originally published on Grit Daily and is reproduced with permission. The Palo Alto and Pune-based Al-powered fintech startup Zeni has completed a Series B fundraising round and secured $34 million. It is an advanced fintech platform that allows companies to do all their financial tracking in one

Big data is one of the most rapidly growing industries in the world and was valued at $169 billion in 2018, with expectations to approach the $300 billion mark by the end of next year. Even with such monetary influence in the world already, the industry is still figuring itself

AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. Artificial intelligence (AI) and machine learning (ML) are two technologies that use digital technology to …

In this contributed article, Chandini Jain, CEO of Auquan, outlines how new AI-powered tools can aggregate, query, analyze and leverage unstructured data to unveil deep insights in record time. She takes a look into how these tools are providing value and helping financial institutions turn mounds of unstructured data into …

Blockchain is one of the most important technologies to shape the world. One of the biggest industries that has been affected has been finance. The market for blockchain technology in the financial sector is expected to reach over $3 billion by 2024. The question many experts are asking is: “what …

Big data is making a significant impact on the financial world. The market for big data in the banking industry alone is projected to reach over $14.8 million by 2023. The impact it’s making is much more of a grandiose splash rather than a few ripples. This is primarily due …

Startup foundry and VC Team8 launched Team8 Fintech to identify, fund, and grow future fintech unicorns. Continue reading →

Talent recruitment without data is drought with challenges. Hiring managers may find themselves at a disadvantage when determining how much they need to pay their employees. Offer them too little, and they’re unlikely to work for you. Pay them too much, and you’re not utilizing your resources effectively. Compensation management …

Data analytics is the backbone of modern investing. Stock, bond, crypto and other investors have discovered the powerful advantages of data-driven analysis. We have talked about the benefits of big data in investing before. We felt it was time to delve into the topic in more depth. How Can You …

Nowadays, terms like ‘Data Analytics,’ ‘Data Visualization,’ and ‘Big Data’ have become quite popular. These terms are fundamentally tied predominantly to matters involving digital transformation as well as growth in companies. In this modern age, each business entity is driven by data. Data analytics are now very crucial whenever there …

If you invest in the stock market, you’ve probably developed an array of strategies meant to support your financial well-being, and data surely figures in as a prominent part of that plan. Where do you get your data, though? Left to your own devices, it can take a great deal …

Around 20% of Britons are adopting the use of challenger banks such as Monzo and Tide, Smart Data Collective reports. Big data is changing the future of the banking industry in countless ways. Savvy banking executives are looking for new ways to utilize AI and other big data solutions to …

App-only challenger banks have risen to try and push incumbents off their financial perch, and in this battle, content marketing has been a valuable tool in their repertoires. Have you ever wondered how they do it? If you’ve never heard of Monzo, it’s a UK-based challenger bank that has grown …

Meta: Did you know that big data actually has an affect on business financing? Find out more about the influence of this here in this article as we explore. Big data is turning the financial services industry on its head. Markets and Markets found that financial companies are spending $9 …

SMEs are the unsung heroes of any economy- producing numerous jobs, the backbone to big corporates to scale up and still struggling to sustain themselves as they are unable to innovate as fast as younger companies and lack the funds. As we enter a new decade, over half (58%) of …

From the Cambridge Analytica scandal to GDPR and data breach headlines, the idea that consumers should know how their data is used is gaining traction with governments and consumer groups. What does this trend mean for companies that rely on consumer data for their business model? Right now, consumer data …

Traditionally, the world of investing was bland and exclusive. Investment vehicles were not very different from one another and minimum capital requirements meant that even this was reserved for the few who had the means. Most ordinary people had to settle for a savings account at their local bank while …

With ecommerce sales skyrocketing, the options for online transactions are manifold. But what are the problems that come with these many choices to pay? Find out. Global e-commerce sales hit $29 trillion in 2017 according to data released by the United Nations Conference on Trade and Development (UNCTAD) early this …