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You Had the Questions, We Have the Answers

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While FinovateFall Digital attendees hunted for services and solutions to meet the needs of their firms’ biggest challenges, they tracked down Scavenger Hunt clues at the event, too! 

Attendees earned points by watching content, meeting with other attendees, exploring the platform, and finding buried easter eggs in the event map.

Without further ado, here are the winners and hunt answers.

#FINOVATEHUNT WINNERS

  • Grand Prize: Om Neelay, Silicon Valley Bank
  • Raffle: Andrew Chalas, Silicon Valley Bank
  • Raffle: Tim Boon, Mostly AI
  • Raffle: Lizette Epps, Vision

#FINOVATEHUNT ANSWERS

Speaker Questions:

  • When Greg Palmer said “Yip yip!” in his MC remarks, what kids’ show was he referencing? Avatar the Last Airbender
  • During his keynote, what did Jeremy Balkin mention as his favorite book? Millennialization of Everything: How to Win When Millennials Rule the World by Jeremy K. Balkin
  • Sarika Sangwan mentioned her favorite business book as part of her keynote. What is it? Conscious Capitalism by Raj Sisodia
  • What is Steven Ramirez’s favorite tech gadget? iPhone
  • What podcast did the Future Payments Stage chair, Louise Beaumont, say she’s listening to in her opening remarks? Breaking Brand by Message Heard

Cafe Question: In the Google Cloud Cafe, what was the main topic for the first poll from the Finovate analysts? APIs

Easter Egg locations on Central Park Map:

  • Juggler
  • Dinosaur skeleton next to Museum of Natural History
  • Carousel
  • ATM
  • Woman sitting alone on the bench
  • The Dakota
  • Grandma walking her dog
  • Dad playing frisbee with his son
  • Woman walking with stroller

Broker Barry Riddles:

  • If money really did grow on trees, what would be everyone’s favorite season? Fall
  • Why can’t the bank keep a secret? Too many tellers
  • A man pushes his car and stops in front of a hotel and immediately goes bankrupt. What is he doing? Playing Monopoly

Fintech Francesca Riddles

  • What word becomes shorter when you add two letters to it? Short
  • What object has keys that open no locks, space but no room, and you can enter but not go in? Keyboard
  • A man buys a horse for $60. He sells the horse for $70. He then buys back the horse for $80. And he sells the horse again for $90. In the end, how much did the man make or lose? Or did he break even? Made $20

Retired Rosetta Riddles:

  • Mary has four daughters, and each of her daughters has one brother. How many children does Mary have? 5 (each daughter has the same brother)
  • Dracula’s going to the bank to keep his money, but he seems a little more pale than usual. Which bank did he go to? Blood bank
  • A chicken was given $7, an ant was given $21, a spider was given $28. How much money was the dog given? $14 ($3.50 per leg)

Thank you to everyone who played and joined us for FinovateFall Digital!

Source: https://finovate.com/you-had-the-questions-we-have-the-answers/

Big Data

Top 10 Big Data trends of 2020

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Top 10 Big Data trends of 2020

By Priya Dialani

During the last few decades, Big Data has become an insightful idea in all the significant technical terms. Additionally, the accessibility of wireless connections and different advances have facilitated the analysis of large data sets. Organizations and huge companies are picking up strength consistently by improving their data analytics and platforms.

2019 was a major year over the big data landscape. In the wake of beginning the year with the Cloudera and Hortonworks merger, we’ve seen huge upticks in Big Data use across the world, with organizations running to embrace the significance of data operations and orchestration to their business success. The big data industry is presently worth $189 Billion, an expansion of $20 Billion more than 2018, and is set to proceed with its rapid growth and reach $247 Billion by 2022.

It’s the ideal opportunity for us to look at Big Data trends for 2020.

Chief Data Officers (CDOs) will be the Center of Attraction

The positions of Data Scientists and Chief Data Officers (CDOs) are modestly new, anyway, the prerequisite for these experts on the work is currently high. As the volume of data continues developing, the requirement for data professionals additionally arrives at a specific limit of business requirements.

CDO is a C-level authority at risk for data availability, integrity, and security in a company. As more businessmen comprehend the noteworthiness of this job, enlisting a CDO is transforming into the norm. The prerequisite for these experts will stay to be in big data trends for quite a long time.

Investment in Big Data Analytics

Analytics gives an upper hand to organizations. Gartner is foreseeing that organizations that aren’t putting intensely in analytics by the end of 2020 may not be ready to go in 2021. (It is expected that private ventures, for example, self-employed handymen, gardeners, and many artists, are excluded from this forecast.)

The real-time speech analytics market has seen its previously sustained adoption cycle beginning in 2019. The idea of customer journey analytics is anticipated to grow consistently, with the objective of improving enterprise productivity and the client experience. Real-time speech analytics and customer journey analytics will increase its popularity in 2020.

Multi-cloud and Hybrid are Setting Deep Roots

As cloud-based advances keep on developing, organizations are progressively liable to want a spot in the cloud. Notwithstanding, the process of moving your data integration and preparation from an on-premises solution to the cloud is more confounded and tedious than most care to concede. Additionally, to relocate huge amounts of existing data, organizations should match up to their data sources and platforms for a little while to months before the shift is complete.

In 2020, we hope to see later adopters arrive at a conclusion of having multi-cloud deployment, bringing the hybrid and multi-cloud philosophy to the front line of data ecosystem strategies.

Actionable Data will Grow

Another development concerning big data trends 2020 recognized to be actionable data for faster processing. This data indicates the missing connection between business prepositions and big data. As it was referred before, big data in itself is futile without assessment since it is unreasonably stunning, multi-organized, and voluminous. As opposed to big data patterns, ordinarily relying upon Hadoop and NoSQL databases to look at data in the clump mode, speedy data mulls over planning continuous streams.

Because of this data stream handling, data can be separated immediately, within a brief period in only a single millisecond. This conveys more value to companies that can make business decisions and start processes all the more immediately when data is cleaned up.

Continuous Intelligence

Continuous Intelligence is a framework that has integrated real-time analytics with business operations. It measures recorded and current data to give decision-making automation or decision-making support. Continuous intelligence uses several technologies such as optimization, business rule management, event stream processing, augmented analytics, and machine learning. It suggests activities dependent on both historical and real-time data.

Gartner predicts more than 50% of new business systems will utilize continuous intelligence by 2022. This move has begun, and numerous companies will fuse continuous intelligence during 2020 to pick up or keep up a serious edge.

Machine Learning will Continue to be in Focus

Being a significant innovation in big data trends 2020, machine learning (ML) is another development expected to affect our future fundamentally. ML is a rapidly developing advancement that used to expand regular activities and business processes

ML projects have gotten the most investments in 2019, stood out from all other AI systems joined. Automated ML tools help in making pieces of knowledge that would be difficult to separate by various methods, even by expert analysts. This big data innovation stack gives faster results and lifts both general productivity and response times.

Abandon Hadoop for Spark and Databricks

Since showing up in the market, Hadoop has been criticized by numerous individuals in the network for its multifaceted nature. Spark and managed Spark solutions like Databricks are the “new and glossy” player and have accordingly been picking up a foothold as data science workers consider them to be as an answer to all that they disdain about Hadoop.

However, running a Spark or Databricks work in data science sandbox and then promoting it into full production will keep on facing challenges. Data engineers will keep on requiring more fit and finish for Spark with regards to enterprise-class data operations and orchestration. Most importantly there are a ton of options to consider between the two platforms, and companies will benefit themselves from that decision for favored abilities and economic worth.

In-Memory Computing

In-memory computing has the additional advantage of helping business clients (counting banks, retailers, and utilities) to identify patterns rapidly and break down huge amounts of data without any problem. The dropping of costs for memory is a major factor in the growing enthusiasm for in-memory computing innovation.

In-memory innovation is utilized to perform complex data analyses in real time. It permits its clients to work with huge data sets with a lot more prominent agility. In 2020, in-memory computing will pick up fame because of the decreases in expenses of memory.

IoT and Big Data

There are such enormous numbers of advancements that expect to change the current business situations in 2020. It is hard to be aware of all that, however, IoT and digital gadgets are required to get a balance in big data trends 2020.

The function of IoT in healthcare can be seen today, likewise, the innovation joining with gig data is pushing companies to get better outcomes. It is expected that 42% of companies that have IoT solutions in progress or IoT creation in progress are expecting to use digitized portables within the following three years.

Digital Transformation Will Be a Key Component

Digital transformation goes together with the Internet of Things (IoT), artificial intelligence (AI), machine learning and big data. With IoT connected devices expected to arrive at a stunning 75 billion devices in 2025 from 26.7 billion presently, it’s easy to see where that big data is originating from. Digital transformation as IoT, IaaS, AI and machine learning is taking care of big data and pushing it to regions inconceivable in mankind’s history.

Source: https://www.fintechnews.org/top-10-big-data-trends-of-2020/

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5 Things to Know Before Investing in Bitcoin

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Most hyped investments of the last 20 years

Could you be looking for means of supplementing your monthly earnings? Well, investment is among the most effective methods to implement. It can possibly help payout regularly. One can use different approaches to get passive income. Some require a starting amount, whereas others need higher commitment levels. Regardless of the reasons you’d wish to increase your monthly paycheck through various sources, the planet contains numerous opportunities that can make your dream come true. That’s why this blog examines some of the most compelling investment ways to earn money steadily every month.

Investment areas to get monthly income.

Stocks, Exchange Traded Funds (ETFs), and bonds

Did you know that stocks are an income source you can continuously earn every month? Yes, get into the business and start trading with multiple exchange platforms. It provides equity business ownership for investors. Additionally, bonds can be part of your portfolios, acting as a contract between one issuing and the investor. A lender will often get interested in whatever was invested regularly.

On the other hand, all dividend kinds can be paid by ETFs as a certain form of a regular passive income earner. It may not be monthly, but quarterly. However, getting income after every quarter is far much better than nothing at all. When looking for value investments, it’s best to pick stocks that can give dividends no matter the economy. You should do proper research to find out stores that forever stand out in history, even during difficult financial moments. Suppose those who lack more knowledge about stocks please seek professional guidance from a financial advisor.

Rental income

Securing a property or mortgage payment alongside your other income generators is likely the most reliable income you can have. Nevertheless, you may sometimes be forced to incur costs such as unforetold bills, maintenance, or repair of a leaking ceiling. You can still find other, more sustainable, and efficient ways of using your rental property to make money. Even the housing landscape advises the young to aim at renting property rather than buying. It’s because there will always be inhabitants in need of a place to stay as long as it’s accessible with essentials.

Start a high production savings fund.

Having a high yield savings account is also a reliable money investing method. The reason is it doesn’t need to use large amounts to purchase anything beforehand. You again retain your liquidity and not lose it as you grow or build an income. It’d be best if you saved in an online bank and not others due to the rates given. For instance, the CIT bank can earn higher interest on money kept for ten years and above as likened to other traditional savings accounts. After such a period, the money earned will be more significant, mostly if it was a more considerable sum initially.

Crowdfund real estate

Crowdfunding in real estate isn’t as hard as people imagine. Through crowdfunding sites, including Fundrise, you can start saving as low as $500 in assets. Such platforms are excellent in assisting investors in utilizing a real estate investment trust, which offers more profitability and flexibility to its users. For Fundraise, annual reports indicate returns amounting to 12.25% on the original investment. Another platform is called RealtyShare, which also gives its investors a significant monthly income.

Generally, this site requires $5,000 as a minimum investment. Besides, suppose you invest a more initial amount, you get a higher property control level, instead of reliance on the portfolio’s performance. We’ve got various other crowdfunding forums out there. Still, for the above mentioned, they function as private funds, not public stocks. In other words, one can easily liquidate an investment made and get access to cash. However, you can receive payment quarterly or monthly. It depends on the investment type you chose. Remember, for monthly returns, the income may rise or fall.

Connect to a sharing community

You can earn extra coins from a sharing economy business. The most familiar example of such is Airbnb and Uber. Presently, sharing involves any high-value equipment or asset for a streaming income throughout. For example, you can rent out your car on Taxify, and find an alternative means of getting to work, maybe cycling. Additionally, a piece of unique filming equipment that won’t be found any sooner to the cameralends will do. Spinlister and Sailo are other lending platforms for bicycles and boats, respectively. Another way is, for instance, if you plan to have a vacation in Spain, why not the Andalusian villa, make a profitable asset through Airbnb for some time to secure a place for you and your family when the time comes?

Explore online gigs

Are you good with the computer? Did you know income can be generated from doing what you love and do best? You can work as a freelancer on various websites in need of content creation, blog and article writing, transcribing, etc. Numerous platforms, such as Fiverr and UpWork, offer such services. Freelancers earn from these networks in exchange for their knacks and know-how. You can also make money by starting an online course teaching anything enticing to people’s lives. Your work is simply collecting and transferring cash into your account whenever a purchase is made.

Moreover, your hobbies and creativity can earn you more cash. Create beautiful products and enroll in the Etsy platform to sell. You can do more research to find any other online service that’s rewarding without requiring a higher prior investment, but software or a few materials.

The bottom line

No matter what your goal for investing, investing smartly rewards an investor when they become willing to do it. There are various practices to carry out to achieve getting monthly income from investments.

Individuals should also remember that there’s a difference between investing and saving money. You could be having a lot of portfolios generating a lot of money, but it’s good to have some savings ready. It’s essential to cover emergencies, including health, insurances, and other expenses. However, you will avoid some risks if you take the time to learn what to consider before investing in specific platforms from https://www.bugiscredit.sg/.

Source: https://www.fintechnews.org/5-things-to-know-before-investing-in-bitcoin/

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Headout & Nuclei partner to enable customers to book events & experiences directly from their mobile Banking applications

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Headout & Nuclei partner to enable customers to book events & experiences directly from their mobile Banking applications

Nuclei, a leading provider of lifestyle banking and marketplace solutions, has entered into a partnership with Headout, an experiences platform that connects travelers to local activities around them at the push of a button. This partnership helps Banks in India, Middle East and the rest of Asia, to offer their customers the feature to discover and book local events & experiences from within their mobile banking applications.

Nuclei and Headout have come together to enable Banks to provide a superior digital experience and expand options for the customers to engage with their banks on a more regular basis. Banks across Asia have embarked on the path of digital transformation, looking to provide a more holistic experience to their customers and evolve their mobile applications to become more like Super Apps. 

Nuclei will add events and local experiences booking to their lifestyle merchant marketplace solution for Banking apps which currently has close to 15 categories including flights, hotels, offers, gift cards, credit score, utility payments, etc. Partner Banks will be able to offer a collection of unique and personalized local events and experiences to their customer base, through a single integration.

Ankur Joshi, Founder & CEO of Nuclei, spoke on the announcement, “We are stoked to onboard a partner of the likes of Headout. They are an incredible team that has achieved something unique in the field of travel. Our Banking partners in India, the Middle East and the rest of the globe are equally excited to add their collection of events and experiences to Banks’ mobile applications.”

“Headout’s mission is to enable users’ to experience the best of our world seamlessly. Partnering with Nuclei helps us put world class experiences right at the tap of discerning travelers who are loyal customers of various partners bank across Asia and the Middle East. This partnership is a win-win for all involved and is a testimony to the ease of use of our partner technology and the quality of our experiences worldwide”, said Varun Khona, Co-Founder and CEO of Headout.

Source: https://www.fintechnews.org/headout-nuclei-partner-to-enable-customers-to-book-events-experiences-directly-from-their-mobile-banking-applications/

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