{"id":690179,"date":"2022-09-29T08:04:29","date_gmt":"2022-09-29T12:04:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/businesses-can-reduce-risk-and-optimize-commerce-with-new-data-as-a-service-through-carat-from-fiserv\/"},"modified":"2022-09-29T08:04:29","modified_gmt":"2022-09-29T12:04:29","slug":"businesses-can-reduce-risk-and-optimize-commerce-with-new-data-as-a-service-through-carat-from-fiserv","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/businesses-can-reduce-risk-and-optimize-commerce-with-new-data-as-a-service-through-carat-from-fiserv\/","title":{"rendered":"Businesses Can Reduce Risk and Optimize Commerce with New Data-as-a-Service Through Carat from Fiserv"},"content":{"rendered":"

<\/p>\n

Businesses Can Reduce Risk and Optimize Commerce with New Data-as-a-Service Through Carat from Fiserv<\/b><\/p>\n

Ability to access transactional data via the Snowflake Data Cloud will enable near-real-time data intelligence<\/i><\/p>\n

BROOKFIELD, Wis.–(BUSINESS WIRE<\/a>)–Fiserv, Inc.<\/a> (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced a new capability designed to optimize how large enterprises using its Carat operating system are able to access, analyze, and utilize their payments data. With a new data-as-a-service (DaaS) capability that enables synching of data through the Snowflake Data Cloud, Carat clients have near-real-time access to their enterprise-wide transaction data, critical intelligence that can help businesses make informed decisions to reduce risk, optimize commerce, and enhance customer experiences.\n<\/p>\n

\nThe new DaaS capability allows businesses to sync reporting and analytics from Carat with the business\u2019s existing data warehouse. Synching via the cloud removes the need for enterprises to build ETL (extract, transform, load) integrations, reducing operational costs and removing the need for manual intervention. Doing so allows a business to access transactional data with speed and accuracy, and empowers them with rich insights that will help strengthen commerce models.\n<\/p>\n

\n\u201cThe introduction of Carat data-as-a-service capabilities will enable large enterprises to leverage Snowflake Secure Data Sharing and its collaboration capabilities to maximize the value they are able to extract from payment data,\u201d said Rinesh Patel, Global Industry GTM Lead, Financial Services at Snowflake. \u201cBy enabling seamless and secure data transfer via the cloud, the Carat operating system modernizes how payment data flows to decision makers and can be used to guide business decisions.\u201d\n<\/p>\n

\nWith ready-to-query data, a business can also enhance consumer experiences by integrating real-time payments data into the checkout process. This can enable the business to use data intelligence to strengthen loyalty and rewards programs, improve decisioning for embedded financial services, and augment fraud mitigation.\n<\/p>\n

\n\u201cWe continue to strengthen our commerce ecosystem with meaningful investments that enable our partners to operate with efficiency, earn client trust, and create better experiences for their customers,\u201d said Casey Klyszeiko, Head of Carat and Global eCommerce at Fiserv. \u201cBy leveraging data in real time across business functions, our partners are able to innovate at the speed expected in today\u2019s rapidly changing commerce landscape.\u201d\n<\/p>\n

\nCarat is the unified, simple, global operating system that enables payments anywhere and anytime, optimizes commerce across channels, and delivers embedded finance in ways that create new customer experiences. Learn more at carat.fiserv.com<\/a>.\n<\/p>\n

About Fiserv<\/b><\/p>\n

\nFiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover\u00ae cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500\u00ae Index, the FORTUNE\u00ae 500, and has been recognized as one of FORTUNE World\u2019s Most Admired Companies\u00ae for 11 of the past 14 years and named among the World\u2019s Most Innovative Companies by Fast Company for two consecutive years. Visit fiserv.com<\/a> and follow on social media<\/a> for more information and the latest company news.\n<\/p>\n

\nFISV-G\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20220929005478\/en\/<\/a><\/span><\/p>\n

Media Relations:
\n<\/b>
Chase Wallace
\n
Director, Communications
\n
Fiserv, Inc.
\n
+1 470-481-2555
\n
chase.wallace@fiserv.com
\n<\/span><\/a><\/p>\n

Additional Contact:
\n<\/b>
Ann S. Cave
\n
Vice President, External Communications
\n
Fiserv, Inc.
\n
+1 678-325-9435
\n
ann.cave@fiserv.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Wisconsin<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Data Management Technology Mobile\/Wireless Software Finance Banking<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Businesses Can Reduce Risk and Optimize Commerce with New Data-as-a-Service Through Carat from Fiserv Ability to access transactional data via the Snowflake Data Cloud will enable near-real-time data intelligence BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced a new capability designed to optimize how large enterprises using its Carat operating system are able to access, analyze, and utilize their payments data. With a new data-as-a-service (DaaS) capability that enables synching of data through the Snowflake Data Cloud, Carat clients have near-real-time access to their enterprise-wide transaction data, critical intelligence that can help businesses make informed decisions to reduce risk, optimize commerce, and enhance customer experiences. The new DaaS capability … <\/p>\n

Continue reading “Businesses Can Reduce Risk and Optimize Commerce with New Data-as-a-Service Through Carat from Fiserv”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-690179","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBusinesses Can Reduce Risk and Optimize Commerce with New Data-as-a-Service Through Carat from Fiserv - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/businesses-can-reduce-risk-and-optimize-commerce-with-new-data-as-a-service-through-carat-from-fiserv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Businesses Can Reduce Risk and Optimize Commerce with New Data-as-a-Service Through Carat from Fiserv - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Businesses Can Reduce Risk and Optimize Commerce with New Data-as-a-Service Through Carat from Fiserv Ability to access transactional data via the Snowflake Data Cloud will enable near-real-time data intelligence BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced a new capability designed to optimize how large enterprises using its Carat operating system are able to access, analyze, and utilize their payments data. With a new data-as-a-service (DaaS) capability that enables synching of data through the Snowflake Data Cloud, Carat clients have near-real-time access to their enterprise-wide transaction data, critical intelligence that can help businesses make informed decisions to reduce risk, optimize commerce, and enhance customer experiences. 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(NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced a new capability designed to optimize how large enterprises using its Carat operating system are able to access, analyze, and utilize their payments data. With a new data-as-a-service (DaaS) capability that enables synching of data through the Snowflake Data Cloud, Carat clients have near-real-time access to their enterprise-wide transaction data, critical intelligence that can help businesses make informed decisions to reduce risk, optimize commerce, and enhance customer experiences. 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