Blog

How Does Data Science Work In Finance?

Written by Pavlo Sidelov on Apr, 08, 2021

The business world is reaping the rewards of machine learning, big data, and artificial intelligence. Although the finance industry has always had an aversion towards advanced technology due to security concerns, cutting-edge data science can empower companies and steer them away from risk.

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20 FinTech Venture Capital Funds in Europe

Written by Alex Malyshev on Mar, 26, 2021

Venture capital funds play an essential role in the development of the sprawling FinTech ecosystem. Growth-oriented startups and entrepreneurs with grand visions can use venture capital to expand, break into new markets, and grow faster. VCs take on a substantial amount of risk and uncertainty

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What Is ISO 20022 and How Will It Impact the Financial Industry?

Written by Alex Malyshev on Mar, 09, 2021

ISO 20022, pronounced ‘ISO twenty-oh-two-two’, is an international standard for exchanging electronic messages between financial institutions. First introduced in 2004, ISO 20022 was created to give the financial industry a common platform for developing messages using a modelling

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10 Features for Next-Gen Customer Experience in Digital Banking

Written by Alex Malyshev on Feb, 24, 2021

In less than a year, the lives of people worldwide changed from digital second to digital-first. Physical restrictions led to a sharp surge in online activity and mass adoption of digital banking services. Safe, quick, and convenient access to finances online became a banking feature consumers

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What Is a Bacs Payment?

Written by Alex Malyshev on Jan, 27, 2021

Bankers Automated Clearing Services (Bacs) is the most popular method for sending and receiving business payments in the UK, typically used to pay salaries, pensions, and bills. Over its impressive 50 year history, Bacs processed over 78 billion payments. The term Bacs actually refers to the

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