Data: Poison or Cure?

One person’s poison is another’s cure. Data is all around us. It is formed from countless sources and can be used for innumerable opportunities. Over the course of 2020, spurred on by widespread digitisation caused by the global pandemic, data emerged as a valuable commodity. 

For some, data is a complex beast that poses more challenges than it solves. For others, data is the key to unravelling all their problems. This is especially true of financial services, where the opportunities presented by data are evolving at pace. This report by fintech research company Burnmark, in association with CUBE, draws from independent research to explore the emerging uses for data within financial services, determine its true value and uncover the opportunities it presents.