News & Insights

Applying effective use of data in the finance industry

Businesses are either overwhelmed by too much data, limited access to their data or being held back by the technology they use to measure their information. The influence of digital technology in finance has been ongoing for years. The capacity to automate manual tasks by applying innovative technologies has enabled the finance industry to transition […]

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Applying effective use of data in the finance industry

August 18, 2021 by Mike Jones Businesses are either overwhelmed by too much data, limited access to their data or being held back by the technology they use to measure their information. The influence of digital technology in finance has been ongoing for years. The capacity to automate manual tasks by applying innovative technologies has enabled the […]

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The Ethical use of big data in financial services

As the industry transforms, there will be winners and losers associated with the fundamental changes in the finance industry as a consequence of big data. Rising competition, combined with the breaking down of traditional measures replaced with alternative systems, will impact the businesses we see today. Customers will likely benefit from enhanced products and services, […]

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The Ethical use of big data in financial services

August 12, 2021 by Mike Jones As the industry transforms, there will be winners and losers associated with the fundamental changes in the finance industry as a consequence of big data. Rising competition, combined with the breaking down of traditional measures replaced with alternative systems, will impact the businesses we see today. Customers will likely benefit from […]

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The rise of the fintech industry and its associated challenges

The Fintech industry has generated significant changes, disrupting many industries, particularly the financial sector. Fintech has created several benefits in finance, improving payments processing, insurance and money lending. The rise of fintech has provided a unique customer experience and enabled people to embrace the transition to fintech. The majority of fintech customers tend to be […]

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The rise of the fintech industry and its associated challenges

August 4, 2021 by Mike Jones The Fintech industry has generated significant changes, disrupting many industries, particularly the financial sector. Fintech has created several benefits in finance, improving payments processing, insurance and money lending. The rise of fintech has provided a unique customer experience and enabled people to embrace the transition to fintech. The majority of fintech […]

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The Data Challenge – Artificial Intelligence requires data and data requires AI

Artificial Intelligence requires significant data, building and deploying AI and machine learning systems requires significant data sets. Creating key machine learning algorithms is dependent on large volumes of data. To expand and deepen the results and findings made by the algorithm, machine learning requires data from a range of sources, in various formats and from […]

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The Data Challenge – Artificial Intelligence requires data and data requires AI

July 28, 2021 by Mike Jones Artificial Intelligence requires significant data, building and deploying AI and machine learning systems requires significant data sets. Creating key machine learning algorithms is dependent on large volumes of data. To expand and deepen the results and findings made by the algorithm, machine learning requires data from a range of sources, in […]

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Over 60% of UK financial services businesses are using alternative data to enhance their decisions

Financial services businesses within the UK are becoming more reliant on scraping alternative data sources, with over 60% using alternative data to improve their decision-making process. The new report ‘The Growing Importance of Alternative Data in the Finance Industry’ by Oxylabs highlights the significant rise in web scraping for alternative data over the last year […]

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How the rise of Open Banking could yield benefits to traditional finance groups

Open banking is the transfer of financial data and a trend that inevitably is likely to increase. While open banking empowers fintech and larger technology businesses, a report by McKinsey suggests several significant benefits for established banks and financial organisations that may have not been previously recognised. Industry experts highlight how our world is changing […]

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Over 60% of UK financial services businesses are using alternative data to enhance their decisions

July 21, 2021 by Mike Jones Financial services businesses within the UK are becoming more reliant on scraping alternative data sources, with over 60% using alternative data to improve their decision-making process. The new report ‘The Growing Importance of Alternative Data in the Finance Industry’ by Oxylabs highlights the significant rise in web scraping for alternative data […]

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How the rise of Open Banking could yield benefits to traditional finance groups

July 21, 2021 by Mike Jones Open banking is the transfer of financial data and a trend that inevitably is likely to increase. While open banking empowers fintech and larger technology businesses, a report by McKinsey suggests several significant benefits for established banks and financial organisations that may have not been previously recognised. Industry experts highlight how […]

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