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Paul Shumsky

Paul Shumsky Technology Advisor at Entrepreneur

How AI is Transforming Digital Banking: Perspectives for 2025 and Beyond

In today’s fast-paced world, customers have grown accustomed to AI-powered convenience in every facet of their lives—from personalized shopping recommendations to voice-activated home assistants. But when it comes to financial services, many still find themselves facing outdated systems and impersonal experiences. What if your institution could ha...

Paul Shumsky

Paul Shumsky Technology Advisor at Entrepreneur

Best Agency Banking Software Solutions in 2024

Agency banking is revolutionizing financial access for millions in underserved regions, making financial inclusion not just a goal, but a growing reality. Here’s an in-depth look at the top agency banking software solutions of 2024 and what to consider when choosing the best platform for your needs. Introduction to Agency Banking With over 1.4 b...

Paul Shumsky

Paul Shumsky Technology Advisor at Entrepreneur

Top 4 Programming Languages for Fintech

Fintech as an industry has always been very receptive to new technologies. The huge volume of transactions, the low tolerance for risk, and the need for instant processing made software a perfect force multiplier and the main competitive advantage for Fintech companies. While choosing a Fintech software businesses are considering many criteria su...

Paul Shumsky

Paul Shumsky Technology Advisor at Entrepreneur

TOP 5 Fintech Software Solutions Providers In UAE

One of the leading countries currently setting the bar in the developing fintech business in the Arab region is the United Arab Emirates. According to studies, UAE accounted for 47% of all financial tech deals and 69% of total funding in the MENA region and is home to the majority of the region’s fintech start-ups. Driving this growth are these th...

/retail /markets

Paul Shumsky

Paul Shumsky Technology Advisor at Entrepreneur

How To Build A Future-Fit Cloud Banking System?

Cloud Banking – an Introduction: Cloud banking is a potential game-changer and a catalyst for enterprise business transformation that would be so effective for financial institutions in near future. Basically, it empowers financial institutions to manage core banking platforms and applications in the cloud. On-demand enhanced computing power is pr...

/retail

Paul Shumsky

Paul Shumsky Technology Advisor at Entrepreneur

2022 Fintech Market Forecast

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. ...

/markets /predictions Digital Banking Trends

Paul Shumsky

Paul Shumsky Technology Advisor at Entrepreneur

Banking App Technology: Native vs Hybrid vs Cross-platform

Are you looking to capture the growing demand for mobile banking? If yes, you might be already stuck with choosing an app development approach: native, hybrid, or cross-platform development frameworks. Given how upfront and personal mobile apps are to their users, it’s critical that you understand the benefits and drawbacks of the different routes...

/security /devops IT Metrics

Paul Shumsky

Paul Shumsky Technology Advisor at Entrepreneur

Top 4 Remittance Providers For FinTechs

If you are a FinTech company building an international money transfer, payment solution or remittance platform, an integral part of it would be a cross-border money transfer processor. The only other alternative is creating your own banking network by forging relationships with traditional banks which is lengthy and requires a huge effort. By inte...

/payments /markets Innovation in Financial Services

Paul Shumsky

Paul Shumsky Technology Advisor at Entrepreneur

Top 5 Financial Software Development Companies

Growing Impact of Financial Software Solutions The COVID-19 pandemic provided a unique opportunity for the fintech industry. It fast tracked a shift from traditional banking services predominance to the abundant digitalization of financial services. This year is likely to be just as momentous, with digital banking no longer considered just a finan...

/payments /retail Innovation in Financial Services

Paul Shumsky

Paul Shumsky Technology Advisor at Entrepreneur

Digital Banking and FinTech Trends in 2021

Demand for Fintech and digital banking products, already rising steeply before the COVID-19 pandemic set in last year, was given even greater impetus during 2020 and is likely to have gained years of ground in what has been an extraordinary year. Moreover, it is expected that virtual payment and banking solutions will take the lead in the financia...

/crypto /predictions Trends in Financial Services

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