Post-Coronavirus Business Landscape: Fintech and Finance-Related Domains

We keep hearing about the economical crisis, but, funny enough, the financial ecosystem doesn’t seem to be suffering that much. Fintech companies are experiencing an unexpected boom in terms of using their applications and getting big-time financial aids from governments of the UK and the USA. At the same time, some of the representatives of … Continued

PCI DSS Compliance Requirements

Every website or company that accepts online payments in a certain form, mгst meet and follow the requirements of Payment Card Industry Data Security Standards (PCI-DSS). The standards are governed and established by major credit card companies (Visa, MasterCard, American Express, JCB and Discover). The goal of being compliant with PCI-DSS is in ensuring the … Continued

Biometrics. The Complete Guide on Modern Authentication and Identification Tools and Their Applications in 2020. Part 1

Biometrics is a thing that is hardly causing a buzz in social networks or tech world, yet it comprises $14.4 billion market (and projected to reach $59.31 billion by 2025). Grandview research made a 140-page report on the current state of the technology, its future, current industries where it’s applied more commonly and other details. … Continued

Google amidst Yet Another Data-Related Scandal: Everything About “Project Nightingale” So Far

“Don’t be evil” hasn’t been on unofficial Google’s motto for quite some time to date. Some of the latest events connected with healthcare data show us why. In this blog post, we’ll try to follow the whole chain of events of “Project Nightingale”, it’s revealing to the general public by Wall-Street Journal, Google’s follow-up of … Continued

Blockchain: Evolution & Revolution

The silent trend for blockchain quietly gains momentum. This relatively young technology has already transformed the way data is stored and accessed, and although previously it was inseparably linked to cryptocurrencies, today it impacts every single industry. So how could it happen for just a decade? What shifts to expect from the blockchain? This blog-post … Continued

Banks Digitalization: Digital Platforms Are Shaping Tomorrow for the Banks

A wide range of functions covered by so-called “Digital Banking Platforms” attracts more and more attention. We’ve decided to cover the basic ideas that make digital platforms that popular, track the ways to the success of the leaders at the market. In this article, we are going to cover the definition of “digital platform”, and … Continued

Digital Transformation in Banking: Challenger Banks & Neobanks

Innovations irrevocably change the face of every industry, requiring businesses to adapt to new environments. Expressly in banking & finance, the modification resulted from the implementation of innovative techs has picked up dramatic speed. In recent years, it resulted in the emergence of a brand-new breed of banks focused on providing digital services — challenger … Continued

Adoption of Cloud by the Top Banks: Benefits, Hurdles, Provider Choices

The global interest in utilizing cloud technologies among the financial institutions experiences the growth in recent years. As we live in a world that is heavily impacted by revolutionizing Big Data analytics, major domains are looking for improvement of their capacity for these immense streams of data that comes from all sources. The banking sector … Continued

How FinTech Makes Traditional Banking a Better Place for Humans

Online banking, mobile money transfer applications, cryptocurrency - these new ways to carry out customary banking operations and financial services made all the possible headlines in 2018. However, the question is how to find the right angle to observe what’s going on without bias. For instance, are we witnessing the death of the traditional banking … Continued

Fintech Key Takeaways from 2018

Without a doubt, 2018 was a year to remember for the fintech industry. Venture capital companies invested billions of dollars into this sector, hoping that they can a solid gain market share from the variety of financial institutions with their offers of modern digital financial services. So let’s start with the main number: in 2018, … Continued