Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    chatgpt image jul 13, 2026, 04 23 45 pm
    How Data Analytics Helps Companies Improve User Engagement
    19 Min Read
    chatgpt image jul 13, 2026, 03 59 46 pm
    How Data Analytics Improves Multi-Location Search Strategies
    10 Min Read
    cybersecurity efforts
    How Behavioral Analytics and AI Are Redefining Cybersecurity for Boca Raton Businesses
    14 Min Read
    data driven risk management in heatlhcare
    How Data Analytics Is Changing Healthcare Risk Management
    17 Min Read
    big data and customer service outsourcing
    How Data Analytics Improves Customer Service Outsourcing
    18 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Open-source banking with R
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Mining > Open-source banking with R
Data MiningPredictive Analytics

Open-source banking with R

DavidMSmith
DavidMSmith
2 Min Read
SHARE

I’ve heard of R used for analysis within banks before, but these guys are taking it one step further: they are using R to run an entire bank. This isn’t any ordinary bank: from the manifesto it’s an “open-source bank” dedicated to funding open-source hardware projects. Wired describes it as a “peer-to-peer bank” where open-source hardware projects are funded using capital raised from other hardware geeks — and 70 lenders have already stepped up to the plate. Unfortunately the details on how R is actually used there are kinda slim. Perhaps someone in the know can fill us in? Website:…

I've heard of R used for analysis within banks before, but these guys are taking it one step further: they are using R to run an entire bank. This isn't any ordinary bank: from the manifesto it's an "open-source bank" dedicated to funding open-source hardware projects. Wired describes it as a "peer-to-peer bank" where open-source hardware projects are funded using capital raised from other hardware geeks — and 70 lenders have already stepped up to the plate.

Unfortunately the details on how R is actually used there are kinda slim.  Perhaps someone in the know can fill us in?
Website: Open Source Hardware Reserve Bank

More Read

DIALOG Group RCI and Legacy Migration
Translating Awareness to Consideration Set in B2B
Your Guide To Current Trends And Challenges In Data Mining
Business Intelligence Isn’t Just About Technology [VIDEO]
Can the business use decision management technology without IT help?
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

chatgpt image jul 21, 2026, 04 44 05 pm
How AI Helps Companies Find Dedicated Development Teams
Artificial Intelligence Exclusive
smarter cybersecurity threats
As Vehicles Get Smarter, Cybersecurity Threats Intensify
Exclusive IT Security
chatgpt image jul 18, 2026, 05 09 14 pm
When Data-Driven Businesses Must Recover Data from USB Drives
Big Data Exclusive
chatgpt image jul 15, 2026, 03 28 38 pm
How Cloud Technology Helps IT Asset Recovery Services
Cloud Computing Exclusive IT Security

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Windows Server on Amazon EC2

2 Min Read

4 Benefits of Big Data for Ecommerce Owners and Shoppers

6 Min Read

Good Times Ahead For College Marketing

1 Min Read

Building Neural Networks on Unbalanced Data (using Clementine)

6 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-26 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?