Banks are like a goldmine of data. Every transaction, every customer interaction, and every financial report is...
Why does bank data matter more than you think?
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Brian’s Blog
How can data science transform the banking industry?
In the era of Big Data, banks sit on a goldmine of customer-related information. Harvesting this data intelligently...
The Financial Accounting Standards Board (FASB) has decided against making any alterations…
The Financial Accounting Standards Board (FASB) has decided against making any alterations to the way companies handle...
What do data science and the banking industry have in common?
Data is the glue that's binding the world today. Especially in industries like banking where everything revolves...
Rise and shine, CFOs! The financial landscape just shifted, and here’s what you need to know
The Financial Accounting Standards Board (FASB) has made a significant decision. They've chosen not to revise how...
Transitioning from a Traditional Bank to a Digital Bank: What Does it Take?
Ever wondered what it takes to transition from a traditional banking system to a digital one? Here's a glimpse into...
Rethinking Banking: Is Data the New Oil?
In an era where data is the new oil, banks are missing out on opportunities if they're not utilizing it effectively....
AI and Big Data are revolutionizing industries, and banking is no exception
With the rise of FinTech, we are witnessing an incredible shift in how financial institutions operate and serve their...
Caught in the whirlwind of interest rates, and wondering what’s next?
Let's break this down and look at the recent Wall Street Journal article. The Federal Reserve has put a pause on...
In our rapidly evolving digital age, traditional banking models are being overturned
The proliferation of data science and sophisticated algorithms are not only shaping the financial landscape but also...
Pre-2008 Credit Default Swaps (CDS) vs Today’s Synthetic Risk Transfers (SRTs):
Pre-2008 CDS:- Favored for speculation, not just risk hedging.- Little transparency, weak regulation.- Amplified...
We are traveling to another country for less than $500 per person for over a week. How the heck can you do that?
I just booked a flight for my family to head on spring break. I was notified of this from Going (formerly Scott's...
Did you know that your bank may not be giving you the full picture?
I've found that while banks have access to data, they often lack the tools or expertise to turn these numbers into...
Don’t let data scare you!
It's the modern-day 🧠compass for navigating business decisions. 🚀 Banks have a wealth of 💾 data at their disposal,...
It’s not just about crunching the numbers
it’s about what you DO with them. 🤔 In the banking industry, data is quite literally our bread and butter. 🥖 But raw...
Ever wondered about the secret recipe for a successful bank in today’s economy?
Data Science. Yes, that's right. (Maybe I am BIAS'ed??) 😀 In today's world where traditional banking methods are...
An empty desk, echoes of laughter and a void that’s tough to fill
It's never easy to watch an irreplaceable team member walk away. They leave behind not just a vacant position, but a...
Are bank customers now expecting more than just balance management and conducting basic transactions?
The other day, as I was going about my usual business, and I had a persistent thought. The world has evolved so much...
Why do banks appear to be the villains?
The banking world is often portrayed as a grim and daunting sector of the economy, painted by broad strokes of...
Can we say that the banking industry has a lot to learn from the tech world?
Recently, I've been observing a growing trend where traditional banks are trying to adopt the agile methodologies of...
We need to fail in order to learn, but how many failures can we actually afford?
The catch-22 of entrepreneurship: We need to fail in order to learn, but how many failures can we actually afford?...
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