Data Analytics

Bankers are left wanting after details on PPP forgiveness plan emerge; why OnDeck is being sold on the cheap; Fannie, Freddie to face banklike liquidity standards starting Sept. 1; and more from this week’s most-read stories.

Always view fraud prevention tactics and strategies within the proper context. Be aware of current economic and societal conditions and analyze how behaviors may vary, says Sift's Jeff Sakasegawa.

Credit unions use data to help sell products and manage risk but executives must now look at their modeling differently in light of COVID-19. 

Tech sprints that bring regulators together with bank officials, data scientists and software companies originated in the U.K. and have crossed the pond into the U.S.

The payments company is working with nonprofit organizations, law enforcement authorities, victims and others to make it harder for the criminals behind the modern slave trade to move money.

The payments company is working with nonprofit organizations, law enforcement authorities, victims and others to make it harder for the criminals behind the modern slave trade to move money.

The fintech community was both surprised and energized by recent news that Visa has agreed to acquire Plaid, one of the nation’s largest fintech platforms for financial data analytics.

The acquisition will vastly expand Visa's platform, giving it nearly Amazon-like influence.

It can be a painful process for a bank to go digital, but there are ways to ease the transition.

Testing shows an overreliance on machine learning data can unfairly harm credit scores.

New data analytics could help provide more comfort to banks in doing business with the cannabis industry, despite restrictive federal laws.

New data analytics could help provide more comfort to banks in doing business with the cannabis industry, despite restrictive federal laws.

Mastercard has launched two separate initiatives that touch the health care market — blockchain for visibility in food systems and Mastercard Healthcare Solutions to detect fraud and bring efficiencies in health care organizations.

The bank has been deploying artificial intelligence in every business line, conducting research to find out what consumers think about the technology, and holding a roundtable with experts to define "responsible" AI.

Credit unions have traditionally struggled to access analytics due to limited resources but that is now beginning to change thanks to recent advances.

Changes in consumer behavior patterns will force banks to reassess the information they use to attract customers.

Data collection and analysis is more accessible than ever before, and credit unions must use this tool if they want to successfully compete.

New tech-focused programs for employees can help banks evolve from within.

Credit unions are slowly embracing the impact data analytics can have on the bottom line, but experts say goal-setting and measurable achievements must also be a part of the process.

The fast-growing data company, which says its mission is to help banks be better consumer advocates, will use its cash infusion for hiring, software development and new partnerships.