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Digital Banking trends and Industry Intelligence for Bankers, Fintechs, and Solutions Providers
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Paul Shumsky Technology Advisor at Entrepreneur
2021 remained resilient for Fintechs even despite the continued pandemic vulnerabilities. Moreover, there was a significant growth of the venture investments in Q3 and Q4 across many regions. Verticals such as digital asset exchange, digital payments and savings experienced 19% YoY growth according to World Economic Forum and the World Bank data. ...
27 December 2021 /markets /predictions
Tatsiana Kuchminskaya Chief Financial Officer (CFO) at Andersen
Superhuman precision in performance With the expansion of international trade, various regulations in banking come on the scene. Financial institutions have to comply not only with their internal rules but also with the laws of different countries and whole trading blocs such as the EU, NAFTA, or ASEAN. Digitalization in financial services coul...
27 December 2021 /wholesale /predictions
Alex Kreger Founder & CEO at UXDA
Many customers are used to seeing the banking industry as soulless, focused only on making a profit. However, inspired by new technological opportunities, financial companies have made significant progress towards meeting their clients, carefully studying their needs and introducing innovative ways to meet them. There is still a lot of work ahead...
16 November 2021 /devops /predictions
Luigi Wewege President at Caye International Bank
You've heard of digital banking before and may even be using it regularly. Even so, there may be aspects of this type of banking that you don't know yet. That's easy to change by discussing with a financial expert. To help you get started, here are some basics about this form of banking and what it can do for you. 1. Digital Banking is More Tha...
04 November 2021 /wealth /predictions
The concept of digital currency is nothing new. Ideas about how to utilize this idea have been around for more than two decades. While some approaches have come and gone, Bitcoin remains. In fact, it’s an approach that has continued to attract attention. Here are some of the more common questions about Bitcoin, how it works, and what you could do i...
16 October 2021 /payments /crypto
Pavlo Farb Security Engineer at Cossack Labs
Check this list while planning a new business and putting your fintech app in the cloud. By noting these arguments you can avoid risky misconceptions of trusting too much responsibility to cloud providers and cloud environments. From our experience at Cossack Labs, we know that such an approach saves data, funds, and reputation. First, start with r...
23 August 2021 /security /cloud
Cloud technologies are attracting more and more attention from IT entrepreneurs and top managers. What are the new opportunities that the cloud opens for companies? In 10 years, banks and financial organizations will be different. In order to meet ever-changing consumer expectations, companies have to change rapidly as well. Key figures of the ba...
18 August 2021 /wholesale /cloud
Facing a blend of old and new regulations, fintech companies, neobanks, and banks-as-a-service use application-level encryption (ALE) to encrypt transaction data, PII, and data sensitive with payments and accounts context. What Pro’s and Con’s application-level encryption has compared to the traditional database data-at-rest encryption? First, nowa...
19 July 2021 /security /payments
Denis Ostapchenya Head of Financial Services at Andersen
The mobile universe is expanding. There were 3.6 million smartphone users five years ago; now this figure has doubled, and by 2026, it is expected to reach 7.5 million. Banks, like other industries, are actively applying mobile innovations. At the same time, banking applications collect, store, and transmit huge arrays of sensitive financial data....
09 July 2021 /retail /wholesale
Retired Member
The pandemic has caused a sea of change in the adoption of technology amongst those in the financial sector. Established banks and financial institutions have opened their eyes to the benefits of innovations such as AI and chatbots. This has enabled them to automate their services and make themselves more efficient when they needed it most. Eve...
02 July 2021 /retail /cloud
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