PYMNTS-MonitorEdge-May-2024

data

Data are individual units of information. A datum describes a single quality or quantity of some object or phenomenon. In analytical processes, data are represented by variables. Although the terms "data", "information" and "knowledge" are often used interchangeably, each of these terms has a distinct meaning.

Source: en.wikipedia.org

62% of Platform Businesses See Real-Time Data as Key to Growth
62% of Platform Businesses See Real-Time Data as Key to Growth
October 30, 2024  |  Data

Platform businesses rely on real-time data to increase growth and elevate customer engagement. A PYMNTS Intelligence report, “The Platform Business Data Readiness Survey: How Real-Time...

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Data-Driven Defense: Discover Global Network Focuses on Brand Integrity
Data-Driven Defense: Discover Global Network Focuses on Brand Integrity
October 30, 2024  |  Security & Fraud

In payments, mitigating fraud and risk is essential. Fraud is growing, and access to advanced tools helps fraudsters exploit payments vulnerabilities. Companies must prioritize robust...

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Markaaz CEO: Two-Sided Platform Plugs the ‘Data Gap’ on Small Businesses
Markaaz CEO: Two-Sided Platform Plugs the ‘Data Gap’ on Small Businesses
October 29, 2024  |  SMBs

There’s a data gap that exists for small businesses — a lack of information about them that makes banks shy away from extending credit or...

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Subscription Economy Veteran Sounds the Alarm on Hidden Cost of Churn
Subscription Economy Veteran Sounds the Alarm on Hidden Cost of Churn
October 29, 2024  |  Subscription Commerce

Subscription businesses live and die by customer loyalty — yet many don’t see the full price tag of customer churn until it’s too late. “Recurring...

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Oracle Health to Join US Government Health Information Sharing Program
Oracle Health to Join US Government Health Information Sharing Program
October 28, 2024  |  Healthcare

Oracle Health plans to apply for status that will enable its healthcare customers to participate in the U.S. government’s nationwide approach to offering the sharing...

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From Banking to Binge-Watching: How AI Spots the Unseen
From Banking to Binge-Watching: How AI Spots the Unseen
October 28, 2024  |  artificial intelligence

Machine learning algorithms scan millions of transactions in banks’ fraud detection centers, flagging suspicious patterns human analysts might miss. Similar mathematical models help Netflix predict...

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Optimizing Digital Transactions: A Data-Driven Approach to Increasing Approval Rates
Optimizing Digital Transactions: A Data-Driven Approach to Increasing Approval Rates
October 28, 2024  |  Mastercard

Successful digital transactions are an essential part of business. However, that doesn’t mean that all digital payment solutions used to ensure those transactions go through...

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Banks’ Suit on CFPB Rule 1033 Predicts Private-Public Sector Clash on Open Banking
Banks’ Suit on CFPB Rule 1033 Predicts Private-Public Sector Clash on Open Banking
October 25, 2024  |  Regulation

The Consumer Financial Protection Bureau released its final rule on data-sharing Tuesday (Oct. 22). But the issue is far from over. The battle between banks...

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Open Banking’s Price Tag: CFPB’s 1033 Rule and the Cost of Compliance
Open Banking’s Price Tag: CFPB’s 1033 Rule and the Cost of Compliance
October 22, 2024  |  CFPB

The goal of the Consumer Financial Protection Bureau’s final rule on data sharing unveiled Tuesday (Oct. 22) is to promote competition and, by extension, financial...

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