The finance industry generates a huge amount of data. Did you know big data in finance refers to the petabytes of structured and unstructured information that helps anticipate customer behaviors and create strategies that support banks and financial institutions? The structured information managed within an organization enables providing key…

Senior executives trained in accounting continue to struggle to understand how to determine the value of their data. The article “Why Your Company Doesn’t Measure The Value Of Its Data Assets” written by Doug Laney (by the way, why does the Forbes web site absolutely bury the reader in ads?) contains a telling comment from a senior accounting firm…

• Non-Fungible Tokens (NFTs) are taking the art world by storm.
• A large number of serious problems outweigh any positives.
• Two infographics to explain the process and issues.

The above image shows how an object of value, like an artwork, music file or GIF, can be “minted” and sold via a non-fungible token (NFT). An…

The first ever tweet is on sale currently - and it looks like it's going to sell for about $2.5 million.

This tweet was sold as something called a nonfungible token (NFT). NFTs are a technique for owning digital assets, and within the past few months or so, have become all the rage on my personal Twitter…

Vitalik Buterin (https://vitalik.ca) conceptualized Ethereum (https://ethereum.org) in November, 2013. The core idea proposed was the development of a Turing-complete language that allows the development of arbitrary programs (smart contracts) for blockchain and…

Introduction

Some reports estimate that the global mobile wallet market was worth USD 1.04 trillion in 2019 and will reach a whopping 7.5 trillion by 2027. This is…

Artificial intelligence (AI) and machine learning have come a long way, both in terms of adoption across the broader technology landscape and the insurance industry specifically. That said, there is still much more territory to cover, helping…

In 2015, the World Economic Forum estimated the net worth of blockchain to be approximately US$ 20 billion. To ensure maximum security of…

Those that encounter my blogs might notice two distinct types: 1) blogs that I formally prepare almost like an essay; and 2) those that are "unplugged" or informally prepared rather like a personal journal entry.  The mystique of writing something where I don't exactly know the…

The increasing penetration of smartphones across the world, combined with the high-speed & reliable internet connectivity that is now available, has made it possible for financial service providers to enable payments via mobile devices. The mobile payment apps are here to…

It may not come as a surprise that the private equity and hedge fund industries were affected by COVID-19, albeit in opposing ways. According to …

Artificial intelligence, among the most prevalent technologies in the world at the moment, has made significant contributions to the world around us ever since it first emerged on the scene. Think about it — the chatbots that engage with us when we visit a website, the smart speakers in our homes. They are all artificial intelligence-driven tools that…

Web Hosting Service Industry Market

The Web Hosting Service Industry Market analysis summary by BMR is a thorough study of the current trends leading to this vertical trend in various…

As I state in the opening paragraph of my new book “The Economics of Data, Analytics, and Digital…

Ah, the fond memories of the early days of Saturday Night Live and the hilarious “Point / Counterpoint” debates between Jane Curtin and Dan Aykroyd. I can just imagine this routine being played out today over the value of data…

Jane Curtin: “Dan, you ignoramus.  Everyone knows that data is the new oil; that data will power the economic growth of the 21^st century. Heck, The Economist even declared…

The constant evolution of technology has benefited every single industry on the face of Earth much more than you and I could imagine. This holds especially true for the financial sector, where it has given rise to FinTech, which has now been around for a while now. However, the advancement of technology has now given rise to yet another exciting development: The integration of IoT in FinTech. While IoT was already growing, it was only a matter of time until it made its way into this sector.…

Across industries and enterprises, AI has been the key growth driver, and this is mainly due to the services offered under this technology umbrella. Every industry is now witnessing enhancements in business processes, costs, and efficiency due to AI's introduction in their field. Depending on the industry, AI offers something unique and has helped the key decision-makers to make fast and accurate decisions based on various implementation solutions.…