Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
A community for discussing the latest happenings in banking IT. Credit Crunch impacting Risk Systems overall, revamp of mortgage backed securities, payment transformations, include business, technology, data and systems architecture capturing IT trends, 'what to dos?' concerning design of systems.
Abstraction is a fundamental concept in software engineering. An abstraction is a simplified version of something technical (with unwanted details omitted), which allows to hide away complexity via a ...
1. Introduction Microservices are the new hot trend in the application architecture landscape. Like SOA (Service Oriented Architecture) and cloud a few years ago, "microservices" is the buzz...
Let's begin with the most common statements on using cloud solutions for online banking platforms I frequently get from clients: Statement #1: No banks use cloud solutions! Answer: Read a bit more of...
Banks and other early Fintech companies, which were built on legacy or some other system are quickly realizing how difficult it is to make changes to their digital services. The recent evolution of cr...
With banking on the internet being around for quite some time, there is no doubt that banking has been made a lot easier and convenient for many. With more people shopping online and taking on various...
The members of Europe’s cash management association ESTA came together for its 35th annual conference on 19th and 20th May at Vienna’s Intercontinental Hotel with the rallying cry, “A bright future fo...
Innovation is reshaping global financial services. From how they are consumed, to who offers them and how they’re structured, we live at a time when new ideas and new approaches to payments and digit
The majority of traditional and challenger banks in the UK are currently lagging behind customer demand for an instant account set up, and risk missing an opportunity to attract new customers and reta...
This article is written on 5th June 2019 during API Days Finland Presentations highlighting the experience, issues, challenges of non-standard PSD2 and Open Banking APIs Published by various European ...
We have all had it by discussing all of the issues that come with Brexit. There have been more delays in the final decision on Brexit than we can account for and, at this point, the people cannot help...
IT spending is at an all time high; continuing to grow at a rapid rate, it’s estimated that $103 billion will be dished out in 2019. This may seem like a good thing, more spend on security automatical...
In response to the recently published article by The Guardian , “UK cash system ‘on the verge of collapse’, report finds” - a writeup of an independent report called the Access to Cash Review - it i...