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As SSON Analytics states banking is one of the leading industries actively focused on software robot implementation to improve business results and customer service standards. Given that the cost of human error in banking and financial services can be extremely high, creating intelligent bots definitely seems a smart decision. Today we’re going to describe some…

Recently, the financial sector has undergone drastic changes, which would seem futuristic a couple of years ago. At the same time, fintech has become a fertile soil for sophisticated cyber attacks. Thousands of fintech businesses around the globe store a vast amount of personal data, but not each of them does it in strict compliance…

In the years to come, we may surely expect a lot of new improvements, and many of them will appear thanks to the Internet of Things. This technology is not only a hype nowadays but also a must if you want to stay afloat in your line of business. Well, how exactly can the Internet…

Gartner forecasts that by 2020 there will be 21 billion connected “things” in the world. In the coming years, financial institutions will not be able to avoid wondering how this multitude of IoT devices can help their business. Let’s touch upon some IoT use cases in financial services.

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.