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AI in Financial Services Podcast
Small Business Challenges Through the Lens of Financial Data - with Prasanna Dhore of Fiserv
Jul 15, 2024
Prasanna Dhore, Chief Data Officer at Fiserv, discusses insights from Fiserv's Small Business Index, highlighting the role of small businesses in the economy. Topics include analyzing industry trends, economic impacts, predicting credit crunches, and building confidence in AI systems.
21:56
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Quick takeaways
- Fiserv's Small Business Index provides real-time insights into consumer spending and business performance.
- Small businesses contribute significantly to the economy and Fiserv's granular data enables effective tracking of their health.
Deep dives
Fiserv's Small Business Index Overview
Fiserv's Small Business Index, derived from point-of-sale transaction data across 2 million US small businesses, provides insights into consumer spending and business performance. The index is a unique view into specific economic segments and trends, particularly in retail. Fiserv aims to support small businesses not only through technology but also initiatives like the Fiserv gives back programs. The index offers a direct measure and real-time data on consumer spending and small business health.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode