Fintech Risk Management and Regulation in Europe
POSTED ON: 28 Aug, 2020
Fintech and modern banking are out there to make everyone’s financial lives much easier. They allow users to be in precise and instant control over their spendings and plan their financial resources ahead. People benefit from the new comforting features, such as online banking, contactless and recurring payments, card wallet…
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5 Benefits of Cloud Banking
POSTED ON: 21 Aug, 2020
Cloud computing is not a gimmick anymore, but rather a somewhat vital technology for building big and dependable products. Having been tested by the IT giants and, later, several Big Data startups, the cloud-first strategy is breaking its way toward the modern banking sphere. Although banking and finance regulators are…
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How to Choose a Virtual Card for Your Business
POSTED ON: 14 Aug, 2020
Approximately 50% of the transaction value in the world is provided by payment cards. Although businesses lag behind with only 1/6 of this volume, it is just about to change as more businesses go online. Historically, businesses used wire transfers for transacting. They are accepted almost everywhere, they support large…
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5 SEPA Instant Payments Benefits
POSTED ON: 7 Aug, 2020
SEPA payment is a euro-only system that has a newly-designed centralized architecture, which allows it to be the main way of transferring funds throughout Europe already for over a decade now. Thus, since early 2008, nearly all electronic bank transfers in Europe were processed as SEPA payment. Nevertheless, some transactions…
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