Latest opinions that Gustav Korobov has shared on Finextra

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Gustav Korobov

Senior Sales Executive - Core Banking platform

Advapay

Member since

06 Mar 2019

Location

Tallinn

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Gustav's opinions

Open Banking as a World of open opportunities and hidden risks

At a time, when banks are finalizing their Open APIs, fintechs are developing their superb applications, and consumers are thinking whether they need Open Banking or not, I decided to share my thoughts on what the opportunities and risks will Open Banking bring for all market participants. Open Banking is a banking initiative that was developed to...

12 June 2020 /payments /retail Fintech

EU Fintech market overview: EMI and PI licenses obtained between Jan-May 2020, compared to 2019

During the past months, we have witnessed the slowdown of the economy. Many industries are being impacted, including financial services. Covid-19 has destabilized private capital markets, and investments in start-ups and new projects have substantially decreased. In Q1 2020 VC-backed fintech activity dropped to $6.1B across 404 deals, which result...

22 May 2020 /regulation /startups Fintech

How the post-Covid-19 reality will change banks and fintech

Talks about the “new reality” and “the world will never be the same” flooded the Internet, and the society is pretty fed up with those words and phrases. Nevertheless, changes are already taking place, and it would be foolish to ignore the obvious - because now it is imperative to understand which way the wind is blowing to be able to adapt to cir...

13 May 2020 /startups /covid-19 Fintech

Bank as a service - the future of banks and fintech startups?

How do we see the future of fintechs and banks? Will these financial players end up being competitors or partners? We at Advapay are working daily with Fintechs to provide core banking platform and understand how important for them to have easy-to-connect and fast-to-market services. It is no secret that during the past years, the stability of bank...

07 May 2020 /cloud /startups Fintech

Fintech in Europe

According to experts, the most innovative country markets in the UK, Lithuania, Estonia, Germany, Sweden, and the Netherlands are currently the main drivers for the development of the European fintech. Most European fintech companies operate in the payment sector. Market leaders are such companies as Revolut, Transferwise, N26, Monzo, Funding Circ...

12 August 2019 /payments Fintech

No-deal Brexit negative effect for Payment Service and E-money Institutions authorised in the UK

Recently we published news on the survey that indicated that about a third of UK businesses are considering relocation due to Brexit. Many Authorised Payment Service Institutions and Authorised E-money Institutions based in the the UK also acquired licenses in the EU Member States and established subsidiaries or at least made applications. There ...

12 March 2019 /regulation Financial Services Regulation

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