Data is a vital part of any business in the payments industry. Almost all divisions within a company must deal with data in some capacity, yet many companies lack a uniform, comprehensive approach to data. With faster payments becoming more common, the need for better data handling is even more pronounced, especially for a company’s treasury executive.
Therefore, fintechs are trying to fill this gap by offering products which process, tag, and handle data across the company. One such fintechFintech is a term used to describe financial technology. This often refers to the innovative use of technology to provide consumers and businesses with financial services. This can include banking, payments, investments as well as insurance services. Modern Fintech companies use digital platforms, data analytics and automation to offer an efficient and user-friendly solution to their clients. More is DataSeers, a Georgia-based company offering an array of data-centric products.
PaymentsJournal sat down with the DataSeers CEO, Adwait Joshi, to discuss money management, fraudFraud is defined as a deliberate and deceptive act carried out with the intent to gain an unfair or unlawful advantage. Fraud is mostly associated with deceit, misrepresentation or concealment of information in order to gain a financial advantage and personal gain. The term fraud encompasses a wide range of dishonest activities, including but not limited to creating false statements,... More prevention, and a data-centric approach to business. Joining us in the discussion was Tim Sloane, VP of Payments Innovation at Mercator Advisory Group.
Read the entire article and listen to the podcast here: https://www.paymentsjournal.com/taming-the-data-demon-dataseers-and-the-value-of-actionable-data/
