I love being able to snap a picture of a check with my smart phone and magically deposit the money into my bank account. No more sitting in a long line of cars to deposit a check or worrying about misplacing that tiny piece of paper! Big data and analytics has made this service possible for financial institutions, large and small, to make available to their customers.
Last week, during our Business Tech Trends webcast, Don Hopper of Fiserv, a provider of information management and electronic commerce systems, shared two reasons why big data and analytics is fuel for his clients:
- Small and midsize financial institutions can now leverage insights that traditionally were only available to large financial institutions. Analyzing the data allows them to increase revenue and build stronger customer relationships.
- Financial institutions can now more effectively manage mobile and digital channels, like remote deposit services, while analyzing how to increase its adoption.
Hear more from Don, as well as others, in our replay of the Business Tech Trends webcast.
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You are invited to sign up for the Watson Analytics Beta Program. The time is now!
What kind of ideas for solutions do you have? What insights do you have to share? The 2014 Business Tech Trends study captured a tremendous amount of data. There are more insights than we could include in the Business Tech Trends study. And we’re making it available to you!
Here’s an opportunity for you to join us for our Bluemix JAM, download the data from the Business Tech Trends report, create your own Bluemix app with the data, and then share your cool insights with us!