Fintechs are the future. Banks represent tradition. And in between … is our data.
In this episode of Payments Innovation, Adwait Joshi, Chief Seer at Data Seers, talks about how has used data to solve pain points in the healthcare, animal health, and, now, financial services. In this episode, he shared how Data Seers is using data to create win-win-wins for consumers, banks, and fintech.
What we talked about:
Getting data out of silos How to halt fraud (as it’s happening) Stopping financial loss Better fintech-sponsor bank relationships Fintechs can utilize Data Seers as a plug & play for fraud monitoring You can configure Data Seers for a variety of products What’s on the horizon for financial services? 1) Smaller community banks are becoming sponsor banks for fintech 2) Remittance will increase 3) Global banking will increase AML, fraud detection, monitoring, money laundering.
Source: Payments Innovation