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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. written by:…
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 financial…
Due to continuing growth of the Internet and mobile app usage, we have reached a point at which we don’t really know who has an access to our personal data. written by: Anton Rykov Product Manager, Qulix Systems Due to continuing growth of the Internet and mobile app usage, we have reached a point at…
AI technology drives the development of voice banking. Already now bank customers can easily accomplish simple tasks using a voice assistant. Banks are thus moving closer to their customers, while data safety and IT security have the highest priority. written by: Anton Rykov Product Manager, Qulix Systems AI technology drives the development of voice banking….
Corporations deal with a great amount of unstructured data. Therefore the value of data technology platforms grows exponentially and Telcos are on the way to offer more sophisticated data processing platforms. IDC researchers forecasted that the revenue for the big data technology infrastructure to grow by 40% per annum for the next three years.* written by:…