Data architecture

• Data modeling

  S&P to buy IHS Markit for $39B in union of large financial data providers

  S&P Global has agreed to buy IHS Markit for about $39 billion in stock, a deal that accelerates the wave of consolidation among the finance industry's biggest data providers.

  November 30

  
• BankThink It's time to tie banks' business models to customer well-being

  A three-stage plan combining data analysis, public disclosure and market-based regulatory intervention would better align financial services with what consumers really need.

  September 2

  

  Todd H. Baker

  Senior Fellow

  Columbia University
• BankThink Check your toolbox before chasing new (and expensive) modeling systems

  Many banks buy modeling tools from vendors to help detect new areas of risk, fraud and profitability without realizing their existing systems are capable of doing the same.

  August 11

  

  Jacob Kosoff

  Head of Model Risk Management

  Regions Bank
• BankThink Alternative data could be lifeline for consumers needing credit

  Congress should pass legislation authorizing use of nontraditional data sources to make credit more available to consumers who’ve taken a hit from the coronavirus pandemic.

  May 19

  

  Barbara A. Sinsley

  Chief Legal Officer

  Remitter USA and meldCX
• Coronavirus has disrupted predictive analytics. Here's how to adjust.

  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. 

  May 15

  

  Aaron Grossman

  Solution sales consultant

  AdvantEdge Analytics
• BankThink OCC did its part to secure customer data. Now it’s CFPB’s turn.

  The Comptroller's Office has provided banks with guidance on how to structure relationships with data aggregators. Now the bureau needs to focus on the bank-consumer connection.

  March 16

  

  John Pitts

  Head of Policy

  Plaid
• BankThink Don’t ditch disparate impact

  Attempts to rewrite the method for determining unintended discrimination in housing should not bleed into fair-lending laws.

  March 4

  

  Nathaniel Hoopes

  Executive Director

  Marketplace Lending Association
• BankThink Machine learning’s promises, pitfalls

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

  December 12

  

  Ethan Dornhelm

  Vice President of Scores and Predictive Analytics

  FICO
• Artificial intelligence

  Bank of America's AI approach: 'Productive paranoia'

  A thorough process for approving experiments with artificial intelligence, clear philosophical principles and diverse human involvement are some of the ways BofA says it's working to ensure AI does no harm.

  By Penny Crosman

  October 8

  
• Unstructured data

  U.S. Bank embraces open banking with data-sharing agreements

  The bank has developed APIs to feed customer data directly to seven fintechs and data aggregators, including MX and Finicity.

  By Penny Crosman

  September 24

  

Load More