WHAT THE BANKS CAN LEARN FROM ONLINE FOR DATING

The banking or finance sector could learn a trick or two from the online dating industry is laughable. After all, while the former is heavily regulated, deeply complex and integral to our economy; the latter is frivolous by comparison.

Dating, as is often said, is a numbers game! And organisations such as Match.com, eHarmony and Zoosk rely on very sophisticated technology as they sift through vast customer bases to create the most compatible couples. Specially, they rely on data to build the most nuanced portraits of their members that they can, so they can find the best matches. This is a business-critical activity for dating sites – the more successful the matching, the better revenues will be.

One of the ways they do this is through graph databases. These differ from relational 

TRADE AND DEVELOPMENT BANK OF MONGOLIA HAS SUCCESFULLY

Trade and Development Bank  the oldest and the largest corporate bank in Mongolia, has successfully issued the country’s first ever offshore CNH 700 million bond listed in Singapore Stock Exchange on 14 January 2014.

 

HOW BANKS ARE OVERCOMING THE IT INFRASTRUCTURE CHALLENGE

Advancing technology provides both a big opportunity and a big challenge to businesses in all sectors 

 

today. It has created a generation of consumers who demand ever more freedom and accessibility to services, while also granting companies an unparalleled chance to understand and engage with their customers. While it affects all aspects of business, none feel it more keenly than the world’s banks, that face constant pressure to build a customer-centric  

framework but are faced with many technical and regulatory limitations