A Blog on Big Data Analytics and Techology News
Crowdfunding is one of the areas fintech has quietly revolutionized in the last couple of years. According to the infographic from Carsurance, this funding practice is the third-most impactful trend in the financial services industry in 2018—only next to AI-driven chatbots and P2P lending. Crowdfunding even beat blockchain technology in terms of influence in that period.
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At the heart of insurer activity, actuarial data is a valuable tool for risk prediction and price calculation for each of the risks covered. Can this data also help to anticipate precisely the insured life events, and thus feed insurers’ customer knowledge? Can risk prediction be transformed into customer prediction, relying on the latest data analysis technologies?
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43% of all student loans are classed as ‘in distress’. This is where students pay too little or default, causing their loan balance to increase. However, for students looking to pay off their debts as quickly as possible, forging a new career in the fintech industry is a wise move. In the first half of the year, the sector raised an impressive $41.7bn. Furthermore, there are ample opportunities in the technology industry which can’t be found anywhere else.
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Technology and innovation have been the foundation for the development of India’s stock market exchanges from its modest initial beginnings to one of the most significant market environments on the planet. While financial growth and a more substantial enthusiasm for open organizations helped in boosting stock exchange action, yet it was maybe innovation that assumed the most critical job in making stock trades and stock exchanging India as advanced as it is today.
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