by Brian Pillmore | Jan 20, 2024 | Brian's Blog
Banks are like a goldmine of data. Every transaction, every customer interaction, and every financial report is another nugget of information waiting to be utilized. Why does this matter? 1. Data fuels decision making: In the world of banking, data-driven insights can...
by Brian Pillmore | Dec 29, 2023 | Brian's Blog
In the era of Big Data, banks sit on a goldmine of customer-related information. Harvesting this data intelligently can result in enhanced services and better risk management. Here’s how: 1. Personalized customer experience -With the help of machine learning and...
by Brian Pillmore | Dec 29, 2023 | Brian's Blog
The Financial Accounting Standards Board (FASB) has decided against making any alterations to the way companies handle held-to-maturity securities. This has been an ongoing debate, punctuated by financial crises from the early 90s savings-and-loan debacle to the 2008...
by Brian Pillmore | Dec 28, 2023 | Brian's Blog
Data is the glue that’s binding the world today. Especially in industries like banking where everything revolves around figures. Data science and actionable business intelligence are no longer optional – they’re a necessity in the age of big data. Here’s...
by Brian Pillmore | Dec 22, 2023 | Brian's Blog
The Financial Accounting Standards Board (FASB) has made a significant decision. They’ve chosen not to revise how companies, particularly financial institutions, handle their held-to-maturity (HTM) securities. This decision has its roots in the recurring debates...
by Brian Pillmore | Dec 21, 2023 | Brian's Blog
Ever wondered what it takes to transition from a traditional banking system to a digital one? Here’s a glimpse into the journey: 1. Aligning Vision:A clear understanding of why the bank wants to go digital is crucial. Is it about staying modern in the...
