This is Harnham’s weekly news digest, the place to come for a quick breakdown of the week’s top news stories from the world of Data & Analytics.
Entrepreneur – How to Identity Proof in an Increasingly Virtualised World
The past year has shifted our life online at a rapid pace. This migration has meant that not only do our technologies need to be more effective and efficient than ever before, but our identity proofing needs to be more sophisticated and secure too.
Even before the pandemic, identity proofing has never been an easy task. Customers expect security but without any hassle. Being bombarded by multiple authentication factors, for example, is not ideal and will quickly turn a customer off from using your service.
In this article by Entrepreneur, four key factors are explored in detail which aim to assist companies in creating a secure but accessible identity proofing system. This includes evaluating the potential for fraud, learning from Government trends, focusing on being proactive and the need for constant innovation.
Read the full article
here.
KD Nuggets - The top 5 reasons why machine learning projects fail
There is a clear increase in the number of machine learning projects being developed and perfected globally. Yet, at the same time, an equal number of projects are failing to take off the ground.
This article from KD Nuggets highlights the five main reasons why start-ups implementing machine learning projects are failing, as well as offering solutions. The article hopes new businesses will take these points on board and plan their future projects better, hopefully avoiding too many, potentially lethal, pitfalls.
The most common mistakes made are:• Insufficient data or not enough access to ‘clean’ data.
- Machine Learning Models not being synchronized with legacy systems.
- A lack of qualified Data Scientists
- Difficulty with innovation and updating
- Lack of leaders’ support
Read the full article
here.
The FinTech Times: 10 FinTech Predictions for 2021
In this article from The FinTech Times, we hear from 10 key experts in the field who give insight into what they think 2021 will hold in store for FinTech. Following a year like no other, the overall consensus is that this year will be unlike any other for the industry.
For example:
Commercial banking will continue to digitise and experience a subscription revolution to change the way companies of all sizes approach their banking relationships -
Matt Cox, EY Americas Corporate, Commercial and SME Banking Consulting Leader.Online payments still have significant room to grow -
Sudeepto Mukherjee, Managing Partner, Financial Services at Publicis Sapient.
More people will trust in Bitcoin -
Eleesa Dadiani, Founder and CEO of the Dadiani Syndicate, a firm that brokers the sale of cryptocurrencies and commodities to high net-worth individuals.Read the full article
here.
Silicon Republic – Branching out into tech? Here are 30 top skills to consider.
As a direct result of the pandemic, the tech sector has boomed. This in turn has created a wealth of roles. This article from Silicon Republic suggests 30 key skills for anyone looking to enter the world of tech as their next career move. Roles covered include Digital Marketing, Social Media and Development.
Top three required skills for Social Media Executives:
Top three required skills for Digital Marketers:
- Analytics
- SEO
- Google Analytics
Top three required skills for Developers:
Read the full article
here.
We've loved seeing all the news from Data & Analytics in the past week, it’s a market full of exciting and dynamic opportunities. To learn more about our work in this space, get in touch with us at
info@harnham.com.
