Author Archives: Tom Groenfeldt

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About Tom Groenfeldt

I write - mostly about finance and technology, sometimes about art, occasionally about politics and the intersection of politics and economics. My work appears on Forbes.com and and occasionally in The American Banker and Banking Technology in London.

Consumers Prefer AI Supplemented By Human Interaction

Consumers are more comfortable with AI in healthcare than other industries, according to an SAS survey. Lack of human interaction is the most cited reason for discomfort with artificial intelligence. While the buzz around artificial intelligence (AI) can seem ominous, … Continue reading

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Celent Seeks Nominations For Model Bank Awards

Dan Latimore, Celent SVP, said that after attending multiple conferences, including Sibos and Money2020 back to back, not to mention Finovate earlier in the autumn conference season, the Celent team remained coherent and was able to define some conclusions.   … Continue reading

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Big Data = New Oil — What’s That Even Mean?

During Teradata’s annual Partners conference in Anaheim, CA toward the end of October an executive  almost inevitably referred to big data as the new oil. Antony Peyton, deputy editor of London-based Banking Technology asked what that meant, which led to … Continue reading

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To Compete, Companies Need To Use Data Better

Corporations have to decide what they want to be when they grow up, said Oliver Ratzesberger, EVP and chief product officer of Teradata. They need to learn how to incorporate data in their corporate strategy and decision-making, added Ratzesberger, co-author … Continue reading

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Teradata Focuses On Top 500 To Leverage Scarce Resources — Data Scientists, Analysts

Teradata faces a challenge – how to grow a company when a key resource — data scientists and top data analysts — is limited. Victor Lund, who was named president and CEO of Teradata a year and a half ago, … Continue reading

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Fidor Packs In The Clichés

The product, called Fidor FinanceBay, is an online marketplace which connects curated Fintech, InsurTech and TradeTech offerings from the wider ecosystem, to consumers, all with the aim of bringing both much closer together in an easy and value adding way. With Fidor … Continue reading

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Monocle’s Best 25 Cities — Metro Population and Murders Per Year

A sampling — not all the cities had murder rates listed. The ratings often included new homes built, number of museums and galleries and number of independent bookshops and miles of bike trails. Tokyo 9.4 million people/75 murders Vienna 1.8 … Continue reading

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Can Amazon And Whole Foods Solve Urban Delivery?

The scene on upper Madison Avenue, just below the Whitney earlier this summer…Stacks of Amazon boxes and padded envelopes sprawling across the sidewalk as delivery people sort through what appeared to be the contents to two trucks. How do you … Continue reading

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Israel’s Bank Leumi Launches No-Fee Mobile Account

The Leumi Group has launched a new digital platform, named Pepper, that allows customers to manage all of their banking activities entirely via mobile and with no account fees: from on-boarding to performing common banking transactions, including ordering credit cards … Continue reading

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Yes, Virginia, There Are Women Leaders In Fintech

BNY Mellon, has appointed Bridget E. Engle as senior executive vice president and chief information officer reporting directly to CEO Gerald Hassell. In this position, Engle will lead the company’s Client Technology Solutions group, which provides critical technology platforms and … Continue reading

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