The value and importance of APIs in business transformation today cannot be overstated. They are increasingly becoming a major integral part of how companies will conduct their business in the coming months and years. APIs have enabled businesses to optimize their internal efficiencies, reach new clients or customers, and continue to grow through improved efficiency,...
GDPR: Protecting consumer data On 25th may 2018, the new GDPR laws established by EU commissioner pertaining to EU economic area and European Union citizens and residents came to life. The new rules announced two years prior, promised steep penalties starting at $10million or 2% of annual company turnover and up to $20m or 4%...
Open Banking Report 2018 by the Paypers is the ultimate source of thought-provoking insights by the leading voices of FinTech
Though in Europe there are more than 6000 credit institutions, banks, financial companies, and more, top payment consultancy INNOPAY has listed only 32 banks who work with Open APIs. SDK.finance team headed by our CTO, Pavlo Sidelov decided to perform our own analysis of the technical state of the enlisted APIs. What we have found...
July 17th, Prague, Czech Republic SDK.finance, a core payment platform wrapped in +300 APIs, has committed two open source projects to GitHub, the world’s largest repository of source code. The first of these projects is an Angular UI source code which allows a user to build, test, and deploy User Interface (UI) for the backend...
“Why we stopped selling to banks and decided to focus on FinTechs” by Alex Malyshev, CEO of SDK.finance
Since 2015, we’ve accumulated a wealth of experience and communications with banks from different European countries such as the Netherlands, Poland, Ukraine, the Czech Republic, France, Ireland, Baltic states, and more. In 2016, our hypothesis was that we would jump onto the bandwagon of PSD2 with European banks. We did a bet on this, and,...
Can you imagine a modern city without electricity? Sounds like a scene from an apocalyptic-themed movie! So, let’s try to imagine the realities of such an existence. First that pops up in our mind is the lack of internet, TV, and radio – which prevents people from receiving and exchanging information with the “outside...
Prague, Czech Republic 8 February 2018 SDK.finance, the European Core Payment Platform, supersedes Visa and other major players in terms of API endpoints. Striving to deliver the best-in-class back-end platform, SDK.finance beats the giants of the payment-processing industry and other major FinTech players according to research conducted by the team. Background Story CEO of SDK.Finance,...
Why do you recommend integration of the 3rd party tools? We cover all you need in a transaction-related product: multi-currency accounts, P2P money transfer, payments, invoicing, currency exchange, mass payment, prepaid, fees & limits, dispute resolution services, etc. But sometimes we do not have smth on our platform. We can’t be champions in any kind...
How does your payment gateway work? We provide a payment gateway that is a component of the platform and designed for the easiest integration and management of dozens of payment tools. Payment Gateway is a subsystem that provides execution of operations on funds’ top-up/withdrawal to/from the system in automatic mode. This is an aggregated payment...
Integration is a bedrock principle in FinTech, allowing API economy to enlarge rapidly. A year ago, SDK Finance shifted to an API-first development paradigm which emphasizes building application components as APIs. 2017 became an API growth period for SDK.Finance company. Now it’s time to present our API progress and celebrate a New API release which...
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