Turning Data into Information – Tracking H1N1: Kristin Moyer, Gartner, on her blog http://bit.ly/2N7j2h
In financial services, data has become the differentiator in payments. Financial institutions struggle to differentiate with payment products, but they can differentiate by using data for value added purposes (for Gartner clients, please see Banks Must Invest in Payment Systems to Win Back Customer Trust, Payment Information Value-Added Services: The Cornerstone of Customer Loyalty and others).... Read moreIn financial services, data has become the differentiator in payments. Financial institutions struggle to differentiate with payment products, but they can differentiate by using data for value added purposes (for Gartner clients, please see Banks Must Invest in Payment Systems to Win Back Customer Trust, Payment Information Value-Added Services: The Cornerstone of Customer Loyalty and others). Data is becoming more important in all areas of lending, both as a differentiator and as a tool of survival. For example, loan level and property level data is needed to triage distressed loans and value asset-backed securities. View page