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

CFPB Includes Payment Apps and Data Brokers in Final Rule 1033
CFPB Includes Payment Apps and Data Brokers in Final Rule 1033
October 22, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) swung for the fences this morning (October 22) as it issued the final version of its long-awaited Rule 1033 on...

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Mastercard Debuts Open Banking ‘Command Center’ Connect Plus
Mastercard Debuts Open Banking ‘Command Center’ Connect Plus
October 18, 2024  |  Mastercard

Mastercard introduced a tool that lets consumers control the sharing of their financial data. Connect Plus is a “data command center” that lets consumers determine...

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Microsoft’s AI Healthcare Push Aims to Boost Efficiency, Enhance Patient Care
Microsoft’s AI Healthcare Push Aims to Boost Efficiency, Enhance Patient Care
October 15, 2024  |  artificial intelligence

Microsoft’s recent expansion of artificial intelligence capabilities in its healthcare cloud platform signals a shift that could redefine patient care and streamline operations in the...

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Nova Credit to Supply Consumer-Permissioned Cash Flow Data to SoFi
Nova Credit to Supply Consumer-Permissioned Cash Flow Data to SoFi
October 15, 2024  |  Data

Digital financial services provider SoFi will leverage credit infrastructure and analytics firm Nova Credit’s consumer-permissioned data and analytics solution, Cash Atlas, to bolster its loan...

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What on-Soil Requests Mean for Cross-Border Payments Compliance
What on-Soil Requests Mean for Cross-Border Payments Compliance
October 14, 2024  |  Regulation

If businesses aren’t ready for cross-border compliance, they may as well be writing regulators a blank check. And particularly as it relates to financial services,...

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Candescent’s Brown: Credit Unions Need Human Touch to Attract Gen Z
Candescent’s Brown: Credit Unions Need Human Touch to Attract Gen Z
October 09, 2024  |  Banking

For all banks — but especially for small banks and credit unions — capturing the hearts, minds and wallet share of younger generations is more...

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Healthcare Providers Turn to Digital Payments to Cut Billing Complexities
Healthcare Providers Turn to Digital Payments to Cut Billing Complexities
October 09, 2024  |  Healthcare

Every pain point has a source, and identifying the source can be the key to finding its cure. Within the healthcare sector especially, many of...

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Rite Aid CMO Says ‘Data Is Our Best Friend Right Now’
Rite Aid CMO Says ‘Data Is Our Best Friend Right Now’
October 07, 2024  |  Retail

Data, in the right hands, can be a business leader’s magic wand. “Data is our best friend right now,” Jeanniey Walden, the chief marketing and customer...

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EU Court Rules Meta Violated GDPR With Personal Data Use for Advertising
EU Court Rules Meta Violated GDPR With Personal Data Use for Advertising
October 04, 2024  |  Legal

The Court of Justice of the European Union (CJEU) ruled Friday (Oct. 4) that Meta Platforms can use only some of the data it gathers from...

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