Citi Market Strategist: Fintechs Key for Banks’ Data Demands
Citi regulatory and market strategist attests that fintech and bank collaboration is essential for better data management.
“There’s a ton of really useful fintech solutions in terms of data analytics, data cleansing and data intelligence, which can help banks make sense of the data that they’ve been sitting on for a long time. This is actually quite important from an economic perspective, but also from an innovation perspective for using the data, knowing where the data is, and what the data does,” said Ruth Wandhöfer during a panel discussion at the ACAMS financial crime conference in Amsterdam.
Wandhöfer argues
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