Banking, Lending and Fintech Topics

How Regulatory Sandboxes Help Fintech Startups

on Nov 7th, 2018.

Some years ago, we didn’t know that we needed a faster service than our traditional bank can perform. But here we are today, talking about contactless cards, paying with mobile or wearable tech, introducing AI and new technology in the financial industry, and putting a greater focus on financial inclusion.


8 Smart Contracts Use Cases

on Sep 27th, 2018.

A smart contract is defined as “a computer code running on top of a blockchain containing a set of rules under which the parties to that smart contract agree to interact with each other. If and when the pre-defined rules are met, the agreement is automatically enforced. The smart contract code facilitates, verifies, and enforces the negotiation or performance of an agreement or transaction. It is the simplest form of decentralized automation.”


Fraud Fighting and AI

on Sep 12th, 2018.

Security Pacific National Bank was the first FI to have used AI in 1087, although compared to today’s, it was pretty basic technology. In 2016 Mastercard introduced Decision Intelligence, the first AI network implemented on a global scale. We can also see IBM’s Watson being used in several industries, from health to finance. Even big banks, such as HSBC utilize AI in their everyday operations, such as AML/KYC.


5 Reasons to Invest in Blockchain Network

on Aug 29th, 2018.

Cross-border transfers - payments and remittances have been exposed to loopholes in the system which leads to a high risk of illicit actions and high fees. These fees can vary from 1% to 22% and are often paid by the most vulnerable groups. 


Working with Communities: Our Utmost Responsibility

on Aug 3rd, 2018.

Earlier this week, our Chief Compliance and Ethics Officer, Daniel Medina was invited to provide a workshop on building a compliance program for non-profit organizations “General Assistance Meeting of the State of Hidalgo” (Junta General de Asistencia del estado de Hidalgo). The workshop was organized by the Government of the State of Hidalgo, Mexico.


Let's Get Digital Conference in Macedonia

on Jun 13th, 2018.

The National Bank of the Republic of Macedonia hosted the 11th Conference for Payments and Market Infrastructures: Let’s Get Digital in cooperation with the De Nederlandsche Bank, which was held in Ohrid, from 6th to 8th of June 2018. The Conference which has had an international character for many years will enlighten the ongoing global process of moving to a digital business and payments.


Disruptive Compliance for Fintech Industry

on May 10th, 2018.

The traditional AML Compliance approach is becoming obsolete. It is the era of Financial Crime Compliance! Here are some tips that could help your Fintech.


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