Real-time Analytics in Payments making Future Predictions

Real-time Analytics in Payments making Future Predictions

This podcast explores how real-time analytics in payments systems are used to predict future occurances. Prediction involves taking the insight you get by looking at historical data and working out what’s going to happen over time. Instead of just looking at whether or not something that’s currently happening is normal, we can take a look into the future, maybe hours or even days. Listen to our last podcast on how to real-time analytics analyzes historical data here:https://soundcloud.com/fintech-podcast-by-ir/how-historical-data-helps-real-time-analytics-in-payments

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Jaksot(26)

Is SEPA’s Initiative for Instant Payments a Disruptive Game-Changer?

Is SEPA’s Initiative for Instant Payments a Disruptive Game-Changer?

The Single Euro Payments Area (SEPA) has historically been a method of transferring payments between countries that use the Euro. Now it’s attempting to evolve with a new initiative called ‘instant pa...

2 Touko 20175min

Are Person-to-Person Payments about to Catch on?

Are Person-to-Person Payments about to Catch on?

Right now, we make an average of 54 person-to-person payments every year. If you consider the number of times you go to buy a cup of coffee in the morning or make a trip to the grocery store, 54 payme...

26 Huhti 20176min

Are the Checkout Line Days Numbered?

Are the Checkout Line Days Numbered?

Why do we have to queue up when the checkout process itself is so convenient? Even with all of today’s available technology, we still have to get in line to check out at the local supermarket, departm...

18 Huhti 20174min

Monitoring Payments in High Volume Environments

Monitoring Payments in High Volume Environments

Scale is the biggest challenge banks face when monitoring payments in a high volume environment. This podcast discusses: monitoring payments to meet SLAs, detecting payment exceptions early to proact...

11 Huhti 20176min

How Historical Data Helps Real-time Analytics in Payments

How Historical Data Helps Real-time Analytics in Payments

Real-time analytics allow us to take historical data and apply it to things that are happening right now. It’s a mixture of traditional data analytics and insight into what’s happening inside your pay...

28 Maalis 20175min

Increasing Compliance Costs Driving Payments Systems towards Hosted Environments

Increasing Compliance Costs Driving Payments Systems towards Hosted Environments

Credit card companies are taking constant steps to protect cardholder data. Subsequent versions of compliance standards have become more strict to combat fraud and banks get audited to ensure that the...

21 Maalis 20176min

Payment Transaction Changes causing Banks to Re-examine their Technology

Payment Transaction Changes causing Banks to Re-examine their Technology

In the next two years, new rules are taking effect that will change the way payments are handled. If you’re paying a bill or transferring money from one bank account to another, it typically takes thr...

13 Maalis 20176min