How does BigMemory detect fraud and save millions of dollars?

The growth of online commerce in the last few years has resulted in the growth of online fraud. All merchants have to play the balancing act of processing transactions fast and catching fraud, at the same time. This is a significant challenge as fraud is evolving continuously and to detect & prevent it, say, within [...]


Say Goodbye to Trading Penalties with Adaptive Intelligence

In a recent speech before the Council of Institutional Investors, Securities and Exchange Commission (SEC) Chairperson Mary Jo White detailed her approach to enforcement, and described efforts to use penalties and remedies more creatively than the agency has in the past. This increases pressure on the already overburdened risk departments within large financial services companies [...]


Enabling Adaptive Intelligence for our Customers

Innovation World (IW) 2013, our most well attended (and most fun) customer event, just wrapped up in San Francisco. The big announcement at the event was our new ‘Big Fast Data’ offering called – Adaptive Intelligence (AI). This offering combines our leading products BigMemory and Universal Messaging with our recent acquisitions – Apama and Presto, [...]


Personalize and Clever(ize) Your Customer Experience with Big Fast Data

Customer expectations have changed significantly in recent years with the proliferation of social media, mobile devices and location-based services. Companies have tried to capture the attention of customers through loyalty programs and promotions but those is changing too. 54% of consumers in the U.S. and Canada would consider ending their loyalty relationships if they were not [...]


Fraudsters No Match for Adaptive Intelligence

In a recent conversation with one of my customers, we talked about how bad guys are an alarmingly creative bunch. Earlier this year, a fraud ring was uncovered where the alleged participants created a multilayered scam of fake businesses with credit card terminals and multiple false identities with histories deeming them creditworthy. The FBI believes [...]


Digital Natives, Leading the Digital Revolution

The public dialog is rich in references to “digital natives” and “digital immigrants.” In my family we have a couple of digitally native teenagers and – as a digital immigrant – I am constantly trying to improve from “tourist digital” to true digital fluency. But businesses, and indeed whole industries, are arrayed along a similar [...]


6 Reasons to Change your Data Perspective

Human behavior fascinates me. Especially into today’s workplace, where people are asked to do more with less, yet everyone is surprised when there are gaps in what gets delivered. The intersection between human behavior and technology is even more fascinating. Is there another area of life where so much of how things work stated absolutely, [...]


Transforming Big Data into Big Fast Data

Big data is growing bigger every second with the rapid rate of data creation by mobile devices; social networks and the sensors deployed everywhere, also called the ‘internet of things.’ The most current data continues to be the most relevant but this growth has made processing data in real-time a huge challenge. This has resulted [...]


CEP Key to Value from Big Data

Enterprise data can lose its value in an instant. But when you can access, analyze and act on data in real-time, you can also extract big value from enterprise big data. Complex Event Processing (CEP) is a fundamental component of real-time data analysis and value extraction. Today, our parent company, Software AG announced the welcome [...]


Improve Core Banking with Faster Analytics and Back-End Processing

Can you improve core banking with faster analytics and back-end processing? We think so! A recent report estimated that between 2009 and 2014, the total number of U.S. online banking households will increase from 54 million to 66 million. This growth will result in increased load on the core banking systems, making it a bigger [...]