Profile

Alex's blog archive

2023 (1) 2022 (1)
Alex Malyshev

Alex Malyshev

CEO at SDK.finance
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Blogs

Digital Banking

A Closer Look at KYC Procedure: Know Your Customer Process Overview

26 Apr 2023

The film "Catch Me if you Can" is an example of how easily one person with the ability to forge checks and fake his identity can steal more than a million dollars from banks in the United States. No matter how fun and iconic this movie is, it shows that it is possible to cheat the banking system. The "Know Your Customer" proc

Banking

Voice Cloning: A Blessing or a Curse for the Voice Banking Industry?

27 Feb 2023

Imagine being able to talk to your bank account and conduct transactions without the need for a phone or computer. That's the reality of voice-based banking, a fast-growing industry expected to reach $3.7 billion by 2031 (according to Allied Market Research). Recently, however, a big BUT emerged that threatens the whole industry. Back in 2020, I wa...

Cloud Banking out of the Box

Hybrid Cloud in Banking: Is Combining a Public Cloud and Own Data Center Worthwhile?

20 Oct 2022

Today, cloud computing is a crucial component of the banking and financial services industry. The American Bankers Association estimates that more than 90% of financial institutions use cloud solutions for some or all of their banking activities. However, despite the widespread use of cloud computing in fintech, most banks are still hesitant to tr...