Off-the-shelf Software vs Customized Software

Technology is not evolving these days on weeks or months basis; instead, it's the process has narrowed down to mere days or fortnight. When we talk about software solutions, custom made solutions,...

Ethereum 2.0 Upgrade: All you need to know

[Update] - Ethereum successfully launched another testnet on 12th Oct for the upcoming Ethereum 2.0 upgrade. The testnet is called as Zinken. The testnet has been launched following the launch of...

Europe’s central bank evaluates the potential of Digital Euro

As the world moves towards a completely cashless experience, governments and banks globally are finding faster and more secure ways to enable digital payments with the help of technology. Countries...
Technologies driving Fintech in the year 2020

Technologies driving Fintech in the year 2020

Banking and financial services for the last few years have turned fast-paced with the adoption of technology. Fintech is said to be the epicentre of this change. Companies including Google, Facebook, Uber, and Amazon have entered the fintech realm, which is developing...

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Celebrating Akeo’s 8 glorious years

Celebrating Akeo’s 8 glorious years

It’s the time of the year when the entire Akeo comes together to celebrate the successes of the past year. The event began with a bang with a speech from our Chief Innovation Officer, Ashish Gupta. “We always have the scope to create possibilities in our life. But do...

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Peer to Peer lending driving growth for SMEs

Peer to Peer lending driving growth for SMEs

Access to formal and affordable channels of credit has always been a problem for small and medium enterprises (SMEs). It remains one of the most painful points among SMEs in major countries, including India and the US. Despite their significant contribution to the...

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Hyperledger Fabric 2.0 – What’s new?

Hyperledger Fabric 2.0 – What’s new?

Hyperledger has recently announced the updated version of its most popular blockchain framework – Hyperledger Fabric. The new version is called Hyperleder Fabric 2.0 and comes equipped with a number of features to make it more user-friendly and secure.   ...

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Financial data opening the market for new possibilities

Financial data opening the market for new possibilities

Until recently, financial data has remained an untapped powerhouse of insights. Since Open Banking gained traction in Europe and several other continents, this data is empowering customers instead of being locked away in banks’ vaults. Data insights have become a part...

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Blockchain use cases for KYC and AML

Blockchain use cases for KYC and AML

Know Your Customers (KYC) and Anti-Money Laundering (AML) are some of the most critical compliances all banks and financial institutions must adhere to. To meet KYC/AML compliances, they are required to maintain specific records of their customers to prevent money...

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Alternative finance to fuel industry growth

Alternative finance to fuel industry growth

Even though banks remain key players in the finance industry, alternative finance and online lending platforms are witnessing immense growth. According to the report by the Federal Reserve, alternative lenders garnered around 32% of all business loan applications in...

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Using AI against payment frauds

Using AI against payment frauds

From peer to peer payments to real-time international transfers, the finance sector is growing rapidly with a blistering urgency of meeting customer demands. Open banking has unlocked a whole new realm for businesses to exploit the bank data and create innovative...

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Akeo bags Gazelle award yet again; aims for new heights

Akeo bags Gazelle award yet again; aims for new heights

Recognised as a ´Gazelle Business´ for the third time Today, Akeo was awarded the title “Gazelle Business” for the third consecutive year. The award is given to Norwegian companies with proven and sustainable economic growth. “We are very proud to be a Gazelle business in Norway for the third time, as it speaks to the…

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How can credit unions leverage Open Banking

How can credit unions leverage Open Banking

The market share of credit unions (CUs) in the finance sector is only a fraction of their bank counterparts. However, they play a valuable part in building a healthy banking sector. They also tend to offer more inclusive banking than some commercial banks. According...

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