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Alexader Widera is about to start the first Polish fintech startup that will be providing B2B loans. Find out more about his views about the Polish lending market, experience with Kontomatik integration, the importance of data sources, and more.

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There are many fintech startups that are changing how the world of finance works. The industry has been growing very fast and today we have so many financial technology companies that it became quite challenging to spot the most interesting ones. In this ultimate list, you will see the top fintech companies to keep your eye on in 2017.

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The final implementation date for PSD2 is fast approaching. This groundbreaking set of rules is deregulating payments in The European Union. What does PSD2 mean? You’ll find out everything there is to know for consumers, fintechs, and banks. This is Payment Services Directive 2 explained.

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Asian fintech has long been a buzzword. The biggest fintech companies in Asia utilize the mobile reliant society and its willingness to integrate finance and technology. Fintech growth in Asia comes from conferences, particular countries, and already established fintechs. Here’s your guide to Asian fintech.

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Alexader Widera is about to start the first Polish fintech startup that will be providing B2B loans. Find out more about his views about the Polish lending market, experience with Kontomatik integration, the importance of data sources, and more.

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Fintech is one of the fastest growing industries. We have handpicked 10 most useful infographics that explain the world of the financial technologies. Browse through this article to get a better idea of what fintech is and how it works.

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Europe and The United States definitely handle their fintech differently. From investment to resources involved, fintech looks very different between the two continents. The future outcome might surprise you.

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Online lending has been taking a large slice of the pie from both banking and regular lending institutions. While today most of the short-term consumer-lending happens takes place online, business owners still get their funding in an old-fashioned way. Let's examine the main pros and cons of both online and offline lending and see where the future of this sector will be.

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In most of the cases, a company is unable to offer financial services without identifying a customer. However, usually this process is either done offline or is performed online, but sloppily. In this article, we are going to take a look at the most common ways of verifying a customer identity online and will forecast the most popular ways of doing this in just a few years from now.

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Insurance vs Insurtech

As we approach 2017 insurance companies are going extinct at the same rate as old-fashioned banking institutions. Those that are not there yet will get swept under the rug at their refusal to innovate. Problems integrating with the 21st century are not just an absent digital presence, but instead the complete lack of a reactionary approach to the changes to insurance needs; both physical and digital.

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The Digital Era is not only about the entertainment we get streamed straight to our personal devices. It’s also about the way we use other services that once used to be settled in a very analogue world of brick-and-mortar offices, with employees being your interface used in real time and face to face. Do you remember video stores? Definitely. When was the last time you've seen one? And the same can happen to banks.

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The mobile segment of any market has been growing rapidly for the last decade and it is only forecasted to expand even further. While many companies adopt their services for mobile users, it is still very challenging for the financial sector to onboard the clients via their smartphones. This article explains why and how to succeed in making your financial services mobile-friendly.

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Fintech in 15 visuals

Fintech has become a major part of our lives. Sometimes even without us knowing it. This infographic explains the growth of the sector, funding per year, geographical distribution of the companies and much more exciting stuff that you will find useful. Get fintech explained now!

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Today we will take a look at the main differences between online banks and traditional banks that offer internet banking systems. We are going to analyse the pros and cons of banking online and see how bright the future of banking for customers is going to be. Let's find out more.

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WhatsApp has recently started with its end-to-end encryption. What are the main reasons behind it? There are many. Privacy concerns could be perhaps the most obvious one. Yet the most beneficial is certainly a potential integration of the messenger with the payment systems. Let's find out how WhatsApp can start entering the industry of financial technologies!

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Recently Kontomatik banking API technology was adopted by a consumer lending company in Spain - Wanna. We interviewed its CEO and Founder, Aitor Chinchetru Perez to let you learn more about Wanna, consumer lending in Spain, and the benefits of using a banking API technology.

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Wether you are a fintech developer, an investor or just about to start-up your own company in the field of financial technologies, fintech events are the golden source of knowledge. Yet it is never possible to attend every single conference. Find out top fintech events to attend each year.

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Card Linked Marketing (CLM) is a hot topic nowadays for many industries, yet it has not been explored significantly by the financial firms. This article explains the basics behind CLM, its status in the financial services industry and how it can be enhanced with a banking API technology.

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Banking API, PSD 2, XS2A and other terms are heard often in 2016. What do they all stand for? In this article you will get answers to 10 burning questions about banking API technology. Treat it as your survival guide for understanding financial data aggregation.

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Banking sector certainly seems to lag behind the most recent technological developments. Today we are going to take a look at the four most prominent fields where a bank can start progressing already today.

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Lending is an activity that has been around for centuries as there always were people in need for extra funds and people with an excessive capital. Once the banks appeared, lending became one of their core products. Nowadays lending is transforming quite rapidly, there are online peer-to-peer lenders, payday loans and more. Let's take a look at the history of consumer lending and its future.

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Best Fintech Innovations 2015

2015 has certainly been a great year for the financial technology industry. The amount of investments in fintech is growing, the number of developers that disturb the financial sector is as big as never before. Yet not every start-up is equally successful. Today we are presenting you our list of the most innovative fintech companies for the year 2015.

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App With The Bank!

Nowadays a mobile banking app has become "the most visited branch" of nearly any bank. This article uncovers a brief history of banking on mobile devices, explains the current trends in the mobility of financial services and recommends the best ways of increasing the conversions within the mobile branch of the bank.

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50 Shades of Banking Security

When we used IDs to authenticate ourselves in banks, we were afraid of a situation when someone would steal our ID and take our money. Then bank or ATM cards raised similar fears; the same happened when we went online and started using login credentials. Now, with banking APIs or screen scraping, it’s absolutely OK and natural to ask questions about security, and we have to find an answer to a general doubt: are we safe with any kind of banking – offline and online?

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The biggest meeting of the Spanish credit industry, the 7th National Credit Congress, recently took place in Madrid, Spain, on the 18th and 19th of November. Kontomatik sponsored the event, hosted a panel with 3 keynote speakers and was also one of the major highlights!

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FinDEVr is the world's largest event for the builders of the financial technologies. This has not been the first time for us to visit this venue, yet only this year we got a chance to present our technology. Read our experiences about visiting the event, presenting at it and watch the recording of the presentation.

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October 2015 will be known as the month that has probably changed the way payment processors, banks, lenders and other financial services players operate in EU. After a long waited Payment Service Directive is released, FinTech is on the raise. Find out why.

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What is an API?

Nowadays we hear about API as often as never before. Most of the Internet services come with API, but a few of us may still wonder - “what is API?”. API is an abbreviation from Application Programming Interface and if you look up wikipedia, it would define it as protocols and tools that are used to development the software. It would also tell you that API just expresses a component of a program. Is this definition simple enough? We are not convinced. It just isn’t simple enough and this is why Kontomatik is presenting you with an article that will explain ins and outs of API in the language you can understand.

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These infographics demonstrate all of the needed steps for the acquisition of the financial products today and also it is demonstrated how this process will look in a near future. In fact, there is no need to wait for the future to come, with Kontomatik, a top financial aggregator, you can already start innovating now!

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Financial Industry 2.0 Infographics

Find out the most recent trends in the Financial Services and see how the world around us is changing. We have collected lots of useful data and portrayed it graphically, so you can see how Financial Services are changing and transforming into something more convenient and accessible.

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Uber vs Bank API

If you haven’t lived in the deep jungle for the past 2 years, you surely heard of Uber. This company revolutionized the way people can call a cab, but also ran into legal problems in many countries worldwide. And Uber is not the only example of how technology can enable great services and new experiences, which can be restricted by legacy regulations.

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When it comes to sharing data, the German banking sector is still way ahead. It introduced banking APIs 20 years ago. Only now are other countries catching up. Find out about how and why bank API standard developed and what the situation is in other countries.

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Screen Scraping Technology

Kontomatik supplies Banking API with the help of screen scraping technologies. In this post I would like to give some basic overview about this technology, its application in the financial sector and outside of it, and also to highlight the benefits of screen scrapers written in Java.

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Kontomatik, API and Our Blog

Hey there, We are Kontomatik, a market leading developer of Banking API, which is available now in 8 countries. Our technology works like a charm and converts conservative organisations into innovators in already eight countries. In this first blogpost we are going to tell you a bit more about Kontomatik as a company and provide the basics behind Banking API. Also, we will highlight the reasons for this blog and the content you should expect to find here. Let’s rock!

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