Category Archives: News

The Role Of Verified Digital Identities In The Open Banking Ecosystem

Digital identity, as it’s currently known, is a method of protecting an individual, organization or group of devices against fraud online. The information stored in your digital identity can be accessed and authenticated by you as the owner of the digital identity or by a third party that you have granted access, such as your bank. Digital identity is an important tool for securing your information online, including your personal information and the details of a transaction.

The European Banking Authority (EBA) recently released new guidelines on open banking systems, which named data security a top priority as banks will begin to share their customers’ financial information with other authorized providers. Once they receive that authorization, fintech companies can act on behalf of customers. That means companies can use customers’ data as long as they meet the requirement for strong customer authentication and authorization. While open banking represents a step forward for financial institutions, data and customer identity must remain the highest priority.

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AI, User Experience Top Healthcare’s Data Analytics Priorities in 2019

November 08, 2018 – Healthcare organizations that want to get ahead in 2019 will need to prioritize the use of artificial intelligence, virtualized care, and technologies that offer intuitive user experiences, according to Forrester’s predictions for the upcoming year.

The ability to aggregate, analyze, and utilize big data to identify business opportunities and engage users will become even more valuable as traditional healthcare entities battle for market supremacy against a new wave of technology powerhouses, the survey-based brief says.

“Major disruptors, like Amazon and Walmart, will make good on their promises, delivering the personalized experiences that customers have been yearning for from healthcare organizations (HCOs),” the report projects, leaving providers and payers with a strong imperative to leverage the data they have to offer similar benefits to users.

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NHL selects FanDuel as another sports betting partner

NEW YORK, Nov 5 (Reuters) – The National Hockey League on Monday announced that FanDuel Group, a unit of Paddy Power Betfair PLC, would be an official sports betting partner. The multi-year, non-exclusive deal comes on the heels of an agreement between the NHL and another official sports wagering partner, MGM Resorts International, announced Oct. 29. The New Jersey Devils also partnered with FanDuel, making it the company’s first sports betting deal with an NHL team.

“Teaming up with FanDuel furthers our strategy of aligning with leading brands that share our vision of using new platforms and technology to drive innovation and engage and excite hockey fans,” said NHL Commissioner Gary Bettman in a statement.

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Congratulations Predictive Analytics Group, 2018 Blue Hen 17&43 Award Winner!

Predictive Analytics Group is proud to be selected for the 2018 University of Delaware Blue Hen 17&43 Award. The 17&43 award is awarded for leadership, innovation and entrepreneurship to the 17 most promising new ventures and 43 fastest growing companies founded, owned or led by University of Delaware students and alumni. PAG includes 3 executives, 2 management and 4 analysts that are UD Alumni and/or students.

Recognizing Successful Blue Hen Ventures

The Blue Hen 17&43 Awards build on the University of Delaware’s long tradition of leadership, innovation and entrepreneurship by honoring the 17 most promising new ventures and 43 fastest growing companies founded, owned or led by our students and alumni. This project is a collaboration of UD’s Horn Entrepreneurship and Alfred Lerner College of Business & Economics.

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Digital habits driving banking shifts

The latest quarterly consumer trends research from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, shows that as the importance of digital engagement has grown, so has consumer comfort using non-financial companies to conduct financial activities.
While consumers remain most comfortable with traditional financial organizations, a growing number of consumers say they would use a technology company such as Apple or Google to pay bills, take out a loan and conduct other financial activities.

Conducted online by The Harris Poll on behalf of Fiserv, Expectations & Experiences is one of the longest-running research studies of its kind and builds on years of consumer survey data. Results from the 2018 Expectations & Experiences: Channels and New Entrants survey of 3,050 consumers show:

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Three casinos signal plans for sports betting in state

HARRISBURG –- Three casinos have now applied to offer sports betting in Pennsylvania, but none have yet been approved to do so.

Harrah’s Philadelphia applied to the Pennsylvania Gaming Control Board this week, following Penn National in Grantville and Parx Casino in Bensalem.

The Gaming Control Board is due to consider the petitions from Penn National and Parx Casino at a meeting next Wednesday. Penn National filed their application on Aug. 17. The Parx application was filed Aug. 24.

Under temporary rules approved by the gaming board in August, the casinos will be able to offer sports betting online or in-person at the casinos.

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How Blockchain Is Set To Transform The Healthcare Sector

By 2020, global annual health spending is expected to go over US$8.734 trillion. In spite of that, there is a lot of dissatisfaction regarding the quality of services and the high cost that people face in order to access them. The healthcare industry had long been identified as being one of those that had the most potential to be disrupted by blockchain technology, but actual implementations were few and far between, possibly due to the industry’s traditional reluctance to incorporate new technologies, until they have been proven to be reliable and safe enough. Nowadays though, there are myriad blockchain use cases coming to the fore, changing things up and future-proofing the industry.

Records management

One of the foremost attractions of the blockchain and many of the currencies it spawned is the accurate record-keeping it facilitates, so it’s no surprise that the same feature is a major draw for the healthcare industry where there is a need for professionals and patients to have absolute confidence in the correctness of the information that is presented at any given time.

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Why Cyber-Criminals Are Attacking Healthcare — And How To Stop Them

The last five years has seen a surge of attacks on the healthcare industry, with the largest breaches impacting as many as 80 million people. In July this year, it was revealed that 150,000 NHS patients’ data was shared over a three-year period following a major breach.

Over in the US, the 2015 cyber-attack on Anthem saw hackers steal 78.8 million patient records, claiming highly sensitive data, including names, social security numbers, home addresses and dates of birth.

Meanwhile, this year, hackers breached the Singapore government’s health database with a targeted cyber-attack, accessing the data of 1.5 million patients.

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