When building a fintech app, one of the most critical areas to focus on is compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. These frameworks are designed to prevent financial crimes, including money laundering and terrorist financing. Here’s what you need to know to launch a KYC/AML-compliant app in the US, EU, … AML & KYC compliance: Guide for fintech app founders
We explained everything a fintech app founder needs to know about digital onboarding to retain users and keep their data safe.
Today, the world’s most innovative consumer banks are placing digital conversations at the core of their strategy. Accenture’s research, based on experience with global banks, found that conversational banking can accelerate revenue growth by 25% and reduce costs by up to 30%. What is conversational banking then? How does it fit into the digital banking … Conversational banking: How to implement conversational AI in banking?
Mobile banking is changing fast. It’s now a key part of how people manage their money. Customers want more personal, seamless, and instant experiences. This pushes banks to keep up with new demands. Digital-only banks, AI services, and hyper-personalization are all making waves. To stay ahead, it’s vital to understand what’s coming next. This article … Future of Mobile Banking: Trends and Innovations to Watch
Biometric authentication in fintech apps is like having a personal bouncer for your digital wallet. It uses unique biological traits – your fingerprint, face, or iris – to guard your financial data. This isn’t just a fancy lock; it’s becoming the gold standard for securing mobile finance. Why the buzz? In this article, we’ll decode … Biometric authentication in Android fintech apps
Seamless and secure payment processing is crucial for any app involving financial transactions. Whether you’re building an e-commerce platform, a peer-to-peer payment app, or a subscription service, you need a reliable solution to accept payments. This guide explains payment integration for business owners. It covers the payment process and how to add it to your … 2024 guide to payment gateway integration
Open Banking is shaking up the financial world, offering fresh ways to innovate. APIs play a crucial role in this transformation by enabling secure data sharing between financial institutions and third-party providers. But with new opportunities come new risks, and that’s where security comes into play… Did you know security breaches cost companies an average … Open Banking API Security: Best Practices for Fintechs
The fintech landscape is evolving at an unprecedented pace, reshaping how we interact with money and financial services. As we move towards 2025, the convergence of cutting-edge technologies, changing consumer expectations, and a global push for financial inclusion is creating an unprecedented opportunity. Innovators now have a unique chance to make their mark in the fintech … How to Start a Fintech Company? Fintech Startup Building Guide
Cloud computing is a key trend shaping the future of banking. It’s no longer optional for major banks—it’s now the standard for financial institutions worldwide. This shift makes cloud computing one of the six major banking technology trends of 2025. At its core, cloud computing means accessing data storage, applications, and computing power via the … Cloud Computing in Banking & Financial Services Industry
When 196 countries pledged to limit global warming at the Paris Climate Summit in 2015, we could only try to guess how much of an impact would this have on the financial sector. Initiatives linking financial innovation with climate action already existed, but the summit has started a real boom in climate fintechs. We, in … Startup guide to climate fintech
Artificial Intelligence is reshaping industries around the globe, and the financial sector is no exception. Generative AI, a subset of AI, is revolutionizing asset and wealth management by enhancing investment strategies, automating operations, and providing personalized client insights. Notably, AI has generated approximately $59 billion by managing assets in 2024. This staggering figure highlights how … AI in Asset Management: Trends and Challenges in 2025
Early 2010’s were the time where new fintechs were popping up everywhere. Atom Bank, Monzo, or N26–just to name a few. What happened to those that survived the initial funding rounds and didn’t lose traction along the way? Many of them made it to the next base, drifting away from the neobank phase and getting … What is a challenger bank, and how to start one?
We’ve all grown accustomed to having real-time access to data, especially in banking. Today, we all expect instant information to manage our finances effectively. And we’re not just talking about banking apps; we’re talking about all kinds of financial applications (check out our article about embedded finance for more info). Knowing this, providers are actively … Bank API Integration: A Complete Guide to Open Banking APIs
Have you noticed there are a lot of banking apps nowadays that make sustainability their selling point? The tendency is huge: in fact, out of 360 companies in the banking industry I analyzed, 62 have something to do with being “eco-friendly”*. That’s 17.2% of all of them, or slightly less than 1 in 5–quite a … What is sustainable banking? Startup guide
Data security is more important than ever. With increasing cyber threats and strict regulations, protecting sensitive information is a top priority for businesses. This is where data tokenization comes into play. But what exactly is data tokenization, and how does it differ from other security measures like encryption? Let’s dive in and find out. … What is Data Tokenization and How Does It Differ from Encryption?
In today’s fast-paced financial world, core banking systems are essential. They are the backbone of a bank’s operations, handling daily transactions, managing accounts, and providing various banking services. Understanding what these back-end systems are and why they are crucial offers insight into modern banking. In this article, we’ll help you gain such insight. Key … Core Banking System: A Breakdown of Software and Solutions