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 paymentsAn umbrella term for payment solutions that are always available, offer immediate funds availability, and provide near-instant updates to both the sender and receiver. Examples include RTP and FedNow. More 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,... 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... 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/