Breaking News
Retail Banks Becoming Biggest users of Big Data
Steve Edkins, CEO of FusionExperience, the business and data solutions provider, comments on today’s research by the CEBR which revealed retail banks are expected to be the biggest users of big data in the next four years, with their adoption rate forecast to be 81 per cent by 2020.
“The news that UK retail banks are expected to be the biggest users of Big Data by 2020 shows that banks are now seriously looking to improve their customer service practices. New entrants into the financial services sector, from challenger banks to established supermarket chains, have undoubtedly hastened this change in British retail banking strategy.
“Increased competition is forcing retail banks to unlock the power of their data in order to respond to consumer-driven changes in the market. Data is fast becoming the currency of financial service providers who need to understand customer behaviours and anticipate changes in the consumption of services.
“However, complex legacy systems have stopped some bigger banks from capturing and understanding their data. These banks will need to make better use of growing data sets such as correspondence, loan facility letters, contracts and the diversity of customer interactions if they want to offer bespoke consumer products that will allow them to fend off their more agile competitors.”
- DIFC’s Dubai FinTech Summit Expands Globally with Pakistan Digital Authority Read more
- GoldenPeaks Capital Secures Largest PPA Deal in Hungary With Hankook Read more
- Volante Technologies: AI, Crypto, and Modern Banking Innovation Read more
- Payment Spayce and Sagicor Bank: Innovating Fintech for the Caribbean Market Read more
- Top Companies Supporting Former Workers with German Pension Refunds Read more
DIFC’s Dubai FinTech Summit Expands Globally with Pakistan Digital Authority
DIFC Innovation Hub, the largest start-up and innovation hub in the world operating out of Dubai International Financial Centre (DIFC), in partnership with the Pakistan Digital Authority, is launching the Pakistan FinTech Summit from 18 and 19 August 2026, positioning Pakistan as a strategic growth market within the global FinTech landscape.
GoldenPeaks Capital Secures Largest PPA Deal in Hungary With Hankook
GoldenPeaks Capital (“GPC”), one of Europe’s fastest‑growing independent producers of renewable energy, has signed a long‑term Pay‑as‑Nominated Power Purchase Agreement (PPA) with Hankook Tire & Technology Co., Ltd. (hereafter Hankook), the Korean premium tire manufacturer and a global leader in advanced mobility solutions. This agreement represents a significant step in strengthening renewable energy sourcing and decarbonising Hungary’s industrial sector. This is GoldenPeaks Capital’s largest PPA deal in Hungary so far.
Trust Travel, a TUI Brand, Partners With Qover to Deliver Seamless Travel Protection at Booking
Trust Travel, a TUI brand, has partnered with Qover to integrate travel protection into the customer booking journey
New Partnership Introduces First-of-its-Kind Model To Democratise Olympic Sailing
Sporta, the new financial home for UK sport, today announced a pioneering partnership with Performance Sailcraft and Magic
Offa Outpaces High Street Banks on Speed With Islamic Mortgage Launch
Offa has today launched a high street bank-beating Home Purchase Plan (HPP), the Islamic equivalent of a conventional residential mortgage
Engine by Starling Enters Fourth Global Market With New Zealand’s SBS Bank
Engine by Starling today announced a partnership with SBS Bank, a New Zealand-owned mutual, in its fourth international deal
New Visa Study Shows 9 out of 10 Ukrainians Want Their Payments to be Protected by Biometrics
New findings released by Visa from its Checkout Friction Report in Ukraine reveal that simplifying online checkout while maintaining robust security is key
DIFC’s Dubai FinTech Summit Expands Globally with Pakistan Digital Authority
DIFC Innovation Hub, the largest start-up and innovation hub in the world operating out of Dubai International Financial Centre (DIFC), in partnership with the Pakistan Digital Authority, is launching the Pakistan FinTech Summit from 18 and 19 August 2026, positioning Pakistan as a strategic growth market within the global FinTech landscape.
GoldenPeaks Capital Secures Largest PPA Deal in Hungary With Hankook
GoldenPeaks Capital (“GPC”), one of Europe’s fastest‑growing independent producers of renewable energy, has signed a long‑term Pay‑as‑Nominated Power Purchase Agreement (PPA) with Hankook Tire & Technology Co., Ltd. (hereafter Hankook), the Korean premium tire manufacturer and a global leader in advanced mobility solutions. This agreement represents a significant step in strengthening renewable energy sourcing and decarbonising Hungary’s industrial sector. This is GoldenPeaks Capital’s largest PPA deal in Hungary so far.
Volante Technologies: AI, Crypto, and Modern Banking Innovation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Payment Spayce and Sagicor Bank: Innovating Fintech for the Caribbean Market
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Top Companies Supporting Former Workers with German Pension Refunds
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Trust Travel, a TUI Brand, Partners With Qover to Deliver Seamless Travel Protection at Booking
Trust Travel, a TUI brand, has partnered with Qover to integrate travel protection into the customer booking journey
New Partnership Introduces First-of-its-Kind Model To Democratise Olympic Sailing
Sporta, the new financial home for UK sport, today announced a pioneering partnership with Performance Sailcraft and Magic