In this interview for The Fintech Power 50, the DataSeers CEO Adwait Joshi talks about how has the company been Taming The Data Demon, the use of artificial intelligence and Machine Learning, and the future of payments.
Continue Reading →The future of digital payments is the New Frontier; the financial world’s Wild, Wild, West. What lies beyond is exciting, new, and adventurous, but the underlying truth is the fear that comes with The Unknown.
The industry is growing. Every year sees new and disruptive innovation. Payments and the means from which they originate get faster; the transactions themselves get easier. But what happens on the backend has ...
Continue Reading →![[PODCAST] Is The Fad Over?](https://www.dataseers.ai/wp-content/uploads/2019/10/BKing-Shared-wide-538x218.jpg)
In this episode of Breaking Banks podcast, Adwait Joshi, CEO of DataSeers talks about the challenges of extracting data from multiple siloes and providers, and what banks can do besides just throwing money at the problem.
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Published in insightssuccess. com
In the past few years, the banking and payments industry has seen disruptive innovation. Payments have become both faster and simpler. On the other hand, traditional business functions are still based on outdated technologies that cannot necessarily handle the extreme data complexity of today’s payments space. With the volume, variety, and velocity level at which this data floods in, payment companies and banks that can’t competently handle it face a real danger of fraud losses, ...
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Sutton Bank is an FDIC-regulated, Ohio state-chartered bank. They have been in the payment business about 20 years, specifically in the prepaid space.
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Sutton initially identified three areas where they wanted to see improvement:
Because Lewis ( Jeff Lewis, Senior Vice President of Payments and Prepaid Card Services at Sutton Bank ) had ...
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