Few industries face as much pressure during digital transformation as the financial institution and banking industry. Customer expectations for mobile and app-based “in the moment” secure banking experiences, regulators demanding compliance, shareholders concern for risk, app-only competitors—all of these put a huge strain on banks trying to keep pace with digitization.
By Matt Kennedy, Senior Director, Cloud Solutions
For businesses that heavily rely on digital means to interact with their customers – and these days that’s pretty much every company – the Uptime Institute recently released a report on downtime trends that is very unsettling.
By Robin Schumacher, SVP and Chief Product Officer, August 8, 2018
The eCommerce market continues to expand at a rapid pace. In 2016, the global eCommerce market brought in $1.915 trillion. That number is expected to more than double by 2020, climbing to above $4 trillion.
By Jonathan Lacefield, Director of Customer Experience and Graph Solutions at DataStax, August 8, 2018
Digitization has the banking, financial services, and insurance (BFSI) sector firmly in its grasp and is radically changing the business models of established financial institutions, just in time to help them recover.
By Xavier Guerin, Vice President, EMEA South, August 1, 2018
Originally developed to make cross-border payments more efficient, the a new version of the Payment Service Directive (PSD), PSD2, was passed this year to cover new payment systems that have developed with open banking and payments Application Programming Interfaces (APIs). However, many banks and financial institutions are still struggling to make their data security fully compliant with PSD2 and to take full advantage of PSD2 from a data layer perspective. Here’s a closer look at the impact of PSD2 and how to make your data work for the change.
By Martin James, Regional Vice President, Northern Europe, July 26, 2018
Patrick McFadin, DataStax, VP of Developer Relations, catches up with Co-Founder Matt Pfeil in celebration of Apache Cassandra’s 10th anniversary.
By Patrick McFadin, VP of Developer Relations, July 25, 2018
Companies are moving to hybrid cloud at a fast rate, with 73% planning to pursue a hybrid cloud strategy over the next two years, reports IDC.
By Patrick McFadin, VP of Developer Relations, July 24, 2018
Who do you trust most with your enterprise’s valuable data and where should you leave it? It’s a question nearly all companies are mulling over today.
By Jonathan Lacefield, Director of Customer Experience and Graph Solutions at DataStax, July 19, 2018
In today’s data-driven economy, the Banking, Financial services and Insurance (BFSI) sector has already started embracing data-driven applications and implementing cohesive data strategies to avoid falling behind. Since the industry is so heavily regulated, dealing with any volume of data is even more of a challenge. The constant threat of cyberattacks, the need to streamline customer record collection processes while maintaining data quality, and the urgent need to comply with security standards and regulations, are all factors pushing the BFSI sector to make smart decisions and develop effective solutions using a distributed cloud database designed for hybrid cloud.
By Patrick McFadin, VP of Developer Relations, July 17, 2018
