FinTech is a high risk high reward industry. Most think about the “reward” side of the equation, but the real experts understand the value of risk mitigation. A common risk of software development is making compromises that will back the team into a corner with things like bugs or technical debt. These issues can be
This a Distributed Ledger Technology (DLT) deployment automation framework that cuts the time required to setup a DLT network from several weeks to a matter of hours. Whether for early Proof of Concepts, pilots, or for production and moving to scale, BAF grows right along with you.
QR codes are back, but then again, they never really went away. Toyota Motor Corp. created QR codes in 1994 as a way to track parts and processes. QR codes are now part of everything, from accessing magazine advertising to conducting commerce across the likes of Alipay and WeChat.
Prior to the COVID-19 pandemic, the topic of digital transformation was on the agenda for most companies as they developed a strategy for 2020. The myriad benefits, efficiency enhancements and cost savings made possible by reimagining how people, technology and processes interact on a daily basis were alluring and innovative, but, at that time, not
The authors of this paper – the economists working in the field of financial stability, Mihai Voicu and Irina Mihai – invite the readers, especially central bankers, to set their minds from passive-routine behaviour to pro-active, profound, responsible innovator behaviour. Read More
Massive change has been underway for some time across the industry. Fintechs disrupted tradition, introducing consumers to new ways to get the services they need. Read More
Banks typically approach transformation in part by reengineering their own internal business, IT, and operational processes either in ad hoc ways tied to direct response to some tactical problem or over longer time frames based on carefully planned out strategic planning. Read More
Cryptocurrency has been a hot topic among senior banking and investment figures of late, with JPMorgan Chase CEO Jamie Dimon describing bitcoin as a “fraud”. Speaking at a conference, Dimon said the digital currency is “not a real thing,” adding “eventually it will be closed.” Usually when an industry giant speaks, you would be wise
The 12th edition of the report has responses from over 750 senior banking executives the world over, with a focus on how banks are adapting to the significant changes brought on by COVID-19. Read More
At the beginning of 2020, it seemed that ‘digital transformation’ was going to be the dominant industry trend for fintech throughout the year. However, at the onset of Spring, this changed unprecedentedly for most of the world as the COVID-19 pandemic took hold. From that point onwards long-standing industry pain points could no longer be
A great example here is the remarkable digital ecosystem that banking software vendor CR2 has designed for its white-label products, including a desktop solution, mobile app and even an ATM. It communicates the same visual vibe and usability patterns across all of these different platforms so that the customers wouldn’t even notice switching between the
We’re Monese – the mobile money app. With us, you can open an account with no credit checks, top up with cash, send money abroad or pay with a contactless card that’s linked to your phone.
