At some point anyone who ventures into financial services has to try and navigate the tricky maze of compliance and other regulations. In this episode of Ask Me AnyFin we chat with Alan Blanchard to find out how RegTech can help businesses easily comply with constantly changing regulations. How to keep up with these changes? What interesting solutions are available in the market? You’ll find the answers in our interview!
Tag: Technology solutions
In the dynamically growing world of FinTech, trust and security are everything. Even one mistake in these fields can lead a promising startup to instantly fail and there are no second chances. How to minimize the business risks if it is impossible to be 100% certain of the available cybersecurity measures? Read more to find out how cybersecurity insurance providers can let you sleep tight.
Many sports fans have a saying, often expressed on a wall of their neighborhood building: “you will never walk alone”. It shows the mass support of the entire ecosystem designed to help the team. The same goes for InsurTech—the future of the industry lies in platforms and ecosystems. Everything in favour of interconnected services, giving the user the ultimate experience.
InsurTech stands for insurance technology, but this term can still be considered pretty abstract. After all, how can cutting edge technology work in the insurance industry? As with all innovative ideas, there are many ways to reach the goal. Read on to learn all you need to know about InsurTech industry: its history, how it’s used to make life easier and accelerate business, and what its future is going to look like!
Code & Pepper is calling all FinTech buffs hungry for the latest industry insights! FinTech Wire comes back with a juicy selection of fresh news, hand-picked from top headlines and press releases. This week, we’ll be hearing from major movers and shakers in sustainable investing, biometric authentication, instant purchasing, cryptocurrency, and blockchain…
Only one thing is certain in modern business: stay in the loop or drop out. With that in mind, we’re introducing the FinTech Wire—a weekly news feed curated by Code & Pepper. It covers top headlines in finance, technology, banking, and everything in between to keep you informed, inspired or maybe even intrigued… Tune into the #FinTechWire on our LinkedIn and Twitter or explore the extended version below.
Digital transformation is like taxes or iPhones: present everywhere. Despite many CEOs, CTOs and CIOs being interested, not all of them have a clear picture. In reality, it’s not only about technology. It’s a tool that enables teams to work efficiently, creating even more valuable products. But first – security.
From data aggregators at the core of open banking to payment processors for digital marketplaces – many FinTech products deliver value through application programming interfaces (aka APIs). In those cases, it’s hard to speak of User Experience as such. What becomes important then is Developer Experience (DX), which reflects how easy it is to work and integrate with an API. This in turn, can have a huge impact on the final quality and scalability of the API product. So if your goal is to build a highly-performant, future-proof and integration-ready solution, don’t forget about Developer Experience. Use the pro tips below to accelerate and empower your API development process.
Payment technology remains one of the most dynamically developing sectors of FinTech. Its disruptive potential and versatility make it the perfect breeding ground for innovation, actively redefining digital experience in finance. However, challenging the status quo comes with a package of challenges in their own right. When coins changing hands are replaced by bitcoin trading platforms and wads of cash are turned into digital wallets – how well is your business prepared for the ultimate digital-first future?
As digital finance is gaining traction, the KYC (Know Your Customer) process is becoming vital for sustainable business models. With regulatory compliance at the roots and modern software solutions in all branches of operation, FinTech’s evergreen status relies on striking the right balance between code of conduct and customer experience. While tapping into the ABC of KYC, we begin our due diligence by identifying industry leaders in digital identity verification for financial services.
With over 80 percent of financial services companies in the UK investing in open banking products and services, it is safe to say that open banking has revolutionized the financial landscape. FinTech firms can now benefit from open APIs that enable them to customize apps and services based on their business requirements. These top third-party open banking apps provide companies in the FinTech space with real-time data insights to facilitate payments and enhance customer experience.
According to its origin myth, FinTech was born out of the global financial crisis and the huge behavioural shift it had brought. Fast forward another 10+ years, and we are on a brink of another economic twist. This time with a slightly different cocktail of inhibitions and attitudes. Although creative and agile by definition—are all FinTechs equally equipped to withstand the blast of a market shakeout? Another week into the general lockdown, the industry’s resilience and adaptability meets trial by fire.
In the context of digital experience, instant response is the new norm: shaping users’ expectations and forming business imperatives. FinTech software is no exception to that new rule of thumb. Therefore, our engineering team at Code & Pepper is always on the lookout for tools and solutions that could give our clients the upper hand on the market. Taking Cloudflare for a spin fueled our appetite for more-than-optimal web performance: read on to see why.
Part I of this article focused on awareness and gave a few examples of how technology choice can have serious consequences for the future of your product: to the point of making or breaking your business. Part II investigates how and why the ripple effect of this one decision can reach as far as your recruitment schedule, delivery plans and innovation potential. Mind you, this applies not only to technologies in FinTech!
I’ve always been passionate about technology and that’s why I was shocked by the meeting I had recently. I was in my home office talking on Skype with a CTO from a FinTech startup (let’s call him Richard). Richard explained that he wanted us to build some payment processing service but, to my surprise, what he said was…