How To Utilize Big Data

Every day, humans produce 2.5 quintillion bytes of data (that's 2.5 with seventeen zeroes) and a large portion of that is data we generate as we go about our lives - location data, transaction data, cookies, search histories, and much more. This is the vast and almost incomprehensible world of big data, and in this season finale episode of "Financial Futures," we talk with Pete Hilger, CEO and President of Allied Solutions, to find out why big data is so important to credit unions. We discuss what kind of data credit unions are interested in, how they can use it to make better-informed decisions on lending, what credit unions need to do to take advantage of big data now, and how it can help them remain competitive in the already crowded lending landscape.

Om Podcasten

The way we move money is changing. Fast. We want control at the touch of a finger-print. We want to send money in real-time – to the other side of the world. We want everything in one place, integrated, seamless and on our devices. Ubiquitous, embedded, fast, standardized, frictionless and secure. Global finance trends are hurling towards a unanimous conclusion. These are our Financial Futures. Each episode, we size up the bleeding edge of fintech innovation and explore the trends that are already transforming the way the world pays, banks and invests across the globe. And the mechanisms we’ll need to prosper in this brave new landscape. Is the world’s technology up to the challenge? Are we?