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PSD2, a new banking directive, will undermine old banking system to bring a new competitive and more transparent market to life. Banks struggle to soften some negative ramifications of the shift and leverage API, their new weapon, to retain the clients and take banking services to a new level.

Architecture Design is the base for your system and how much you expect it to serve you is directly reflected in how much you are ready to invest in it. Read our article to know more about TCO (Total Cost of Ownership) in Architecture Design, the cost of overlooking pitfalls and the rewards for the…

Gone are the days when you had to wait in line at a brick-and-mortar building to transfer money or pay your bills. Customers require convenient banking services on their fingertips. “Anytime anywhere banking” becomes a motto for banks who want to keep up with the speed of the modern world and stay in the league.

Modern payment options abound and pose significant threat to the legacy banking systems. For the mobile payments, Juniper Research estimates that the combined market share of Apple Pay, Samsung Pay, and Google Pay will reach 56% by 2021 in the US. See how custom software developers help banks compete amid changing business landscape.

Due to PSD2, 2018 has become a game-changing year for bank customers, fintechs, and the entire banking sector in Europe. The implementation of the new directive enables bank customers to use third-party providers to manage their finances. Thus, companies like Google, Apple, and Amazon gain access to consumers’ bank accounts and are able to build…