Modern fraud prevention is expensive. Card-based payment systems worldwide generate fraud losses of up to $30 billion per year. That’s why financial institutions have to prevent financial losses and fraud at the earliest stage.
April 28th, 2021 – Today, SDK.finance, a payment technology vendor, announced a new Anomaly Detection feature. The new tool was built to help financial institutions prevent fraud-related losses.
Any payments related products can be built on SDK.finance platform such as payment service providers, neobanks, money remittances and currency exchange services.
At least 11 banks in Lithuania, Latvia and Estonia have set up developer portals which all offer APIs for third-party providers. SDK.Finance, for example, offers core payment software with an API layer for banks and fintechs.
Companies aspiring to launch a digital bank can get to market in a fraction of the time by partnering with SDK.finance, a core banking software vendor.
At SDK.finance, we believe that understanding the banking customers of tomorrow is key to developing modern payment platforms and future-proofing our products.
A voice-based payment experience will be the future of FinTech. Only when it will be successfully integrated into payments, banking, and financial operations, will it have a true and lasting impact on our daily lives.
As with most AI projects, creating a successful voice banking product from scratch to make banking seamless for customers is harder than it looks. This is the main reason that banks are working with companies like SDK.finance to add voice banking.
With the API-first paradigm, Machine Learning, Contactless technologies, and the strong engineering team, we are ready to meet the highest standards of the future. Challenge accepted.
To help banks help their customers through these trying times, many fintech providers are extending free, discounted, or accelerated deployment offers to financial institutions. SDK.finance is one of such providers. [The offer is closed]
Pavlo Sidelov, CTO, SDK.finance: “despite 4 years passed since PSD2 was released, there has been too much talk and too little action”.
This article about the branch vs. branchless debate presents a new vision for the future of banking branches – speculations and suggestions on where the banking market is going over the next several decades. ByAlex Malyshev, CEO SDK.finance.
Pavlo Sidelov, the CTO of SDK.finance, said, “We expect that contactless and online payments will become more popular after the COVID-19 crisis. The era of cashless payments is around the corner.
[The offer is closed]
To answer whether COVID-19 will affect banking and FinTech, Alex Malyshev, the CEO of SDK.finance, provides his opinion: “Banks are likely to delay spending decisions to prepare for a possible downturn. This crisis gives opportunities to those who understand people’s needs and take leadership despite the risks.”
New developments and improvements in voice technology are already driving customer service, bot automation, and even investments in the banking and payments world. Voice services and voice payments are critical components to better service, happier customers, higher engagement, profitability, and future growth.
Alex Malyshev is the CEO at SDK.finance, the API-driven payment software vendor. SDK.finance writes on what the future of banking could look like as we navigate from the COVID-19 crisis. From a local real estate owner to a global financial institution.
To help society minimize the negative economic impact of the global COVID-19 outbreak SDK.finance, a financial technology provider, recently announced a 1-Year payment deferral for all companies with financial licenses issued by any country of the European Union and the United Kingdom. [The offer is closed]
How Good Is Your API? Stripe, PayPal, Dwolla, and LevelUp are major players in payment API space. ACI Worldwide, Difitek, Payment Components and SDK.finance are payment API enablers.
With every passing day different financial companies are facing a great dilemma of finding solutions to the questions that arise while serving for the financial space, and here comes SDK.finance to their rescue. SDK.finance’s back-end software allows its clients to start a payment business in the most possible cost-effective manner, without developing it from the scratch.