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Scotland DATAFEST "Data: the Essence of Fintech - the fintech talks" 2017
DATA: THE SOIL FOR FINTECHS
Over 24 hours from midday 20 March 2017, we will hold Scotland's first DATATHON.
On 21 March 2017, we will hold an open event and hear from the innovators who are driving the fintech movement in Scotland, how they are using data, and what Open Banking will mean for the future.
We will also hear 5 minute pitches from each of the teams competing in the Datathon, and a winner will be crowned.
SEE THE LATEST AGENDA AND SPEAKERS HERE: www.edinburghfintech.com
What is a datathon?
A Datathon is similar to a hackathon, where data scientists and non-technical individuals form teams to solve a challenge they have been set, where the purpose is to study and analyse data related to the challenge. These events usually run over a day or two. After this time, each team presents their findings/idea that tackles this challenge. This is open to anyone and a large variety of skill will be used throughout the event including data analysis, visualisation techniques, presentation skills and product development.
What is Open Banking?
Open Banking is a term used to describe the new ways personalised financial advise and support can be achieved through open APIs (Application programming interface). APIs allows you to share financial information securely without having to reveal your banking password. This technology is similar to the use of Facebook to sign in to other online accounts. The use of this technology in Financial services is in its early stages but there are numerous use cases that could help people to have better access and control to their financial information.