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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:…
The US credit card company Mastercard has recently announced that customers will soon have an opportunity to use biometric identification. The company expects to make customer shopping experience more convenient and safer. written by: Anton Rykov Product Manager, Qulix Systems The US credit card company Mastercard has recently announced that customers will soon have an…
The spread of smartphones and messaging apps is ubiquitous nowadays. Especially for digital natives, it is common to communicate via instant messengers. In fact, customers today expect to have a dialogue-based communication with their financial service providers. Some banks in Europe and the USA have already implemented the technology of chatbot banking for selected target markets….
Finances management is an integral part of a successful business. When a company has a lacking financial management, it significantly increases the risk of failure. A Business Financial Management system is a software used by business banking clients to create, store, and report various types of financial transactions with a goal of increasing profits and ensuring…
Open API is shaking up the conservative banking sector. In the past, it was sufficient for banks to be present just with their branches and a homepage on the Internet. Meanwhile, the world has changed. Open API enables even small providers (e.g., numerous FinTech-Startups) to offer their products and services on the Internet and integrate…