Tag Archive: data

How Data Science Improves Fintech

Both data science and fintech have taken the world by storm over the past several decades. The rise of mobile phones, apps and e-commerce has made finance and technology almost inseparable. Fintech was initially designed to help large trading firms and banks, but data science has made fintech more accessible to entrepreneurs and consumers.

Data science combines statistical analysis and programming techniques to decipher the information at hand. There are many different areas of expertise that a data scientist can hail from, but data science is now becoming its own field. Cane Bay Partners has helped encourage data science education by contributing to the University of the Virginia Islands, which has launched a minor program dedicated to the practice. The increase of data scientists in the corporate world has made financial solutions easier to come by.

Simplification

Markets and businesses can be very complicated. Oftentimes the more successful a company …