Fintech Blog

January 24th, 2017

PSD2 Explained. What it Means for Consumers and Fintechs

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 about consumers, fintechs, and banks. This is Payment Services Directive 2 explained. Introduction – Why does the Meaning of PSD2 Matter? The …

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December 5th, 2016

Interview with Alexander Widera, CEO of Kredytmarket

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. Hey there Alexander, could you briefly describe your background and your role in Kredytmarket? Hello, I …

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November 17th, 2016

What are the Big Differences in Fintech in The United States and Europe?

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. By some accounts, The United States with its technology hubs in California and The West Coast seems to dominate innovation across our everyday lives on a …

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October 10th, 2016

Traditional Business Loans vs. Online Lenders

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 …

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August 22nd, 2016

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 …

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July 27th, 2016

Can Banks Become New Video Stores?

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 analog world of brick-and-mortar offices, with employees being your interface used in real time and face to face. Do you …

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June 20th, 2016

Financial Services and Your Mobile Device – Solutions for Customer Onboarding

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 …

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May 16th, 2016

WhatsApp Encryption: The Fintech Possibilities

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 …

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January 12th, 2017

What Makes Fintech in Asia So Special?

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. Fintech in Asia is truly unique. Asian countries have a growing …

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November 21st, 2016

Top 10 Fintech Infographics for Understanding the Industry

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. Infographics are one of the greatest inventions to come out of social media and blogging. …

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November 2nd, 2016

Italy becomes the 10th country covered by Kontomatik API

Today Kontomatik is happy to announce its expansion to another European Union member state – Italy. This country becomes the 10th geography covered by the Kontomatik Banking API. Konstantin Rabin Kontomatik +48 534 701 750 [email protected] 02.11.2016 Warsaw, Poland: Today Kontomatik is happy to announce its expansion to another European Union member state – Italy. …

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September 13th, 2016

Performing Customer Identification Online: Present and Future

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 …

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August 18th, 2016

Banking data in Portugal becomes available with Kontomatik API

Konstantin Rabin Kontomatik +48 534 701 750 [email protected] 18.08.2016 Warsaw, Poland: Kontomatik has just extended its geographical scope with Portugal. This country becomes the 9th geography covered by the Kontomatik Banking API, next to already existing UK, Poland, Czech Republic, Slovakia, Spain, Mexico, Brazil and Russia. What makes Portugal a perfect fit for banking APIs? …

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July 25th, 2016

Kontomatik announces Financial Health Indicator

Kontomatik announces Financial Health Indicator (FHI), a lightweight solution engine for powerful credit assessment. The tool works in conjunction with Kontomatik Banking API, a connection to more than 100 banks that is already available in 9 countries. Kontomatik Financial Health Indicator is designed to serve small and medium size lending companies, as those often distribute …

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June 3rd, 2016

How Online Banks will be Different from Online Banking Systems

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 analyze 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. Introduction to Online Banks …

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