Open, Transparent Market to Support Sustainability
In both developed as well as developing countries, there is a need for Fintech Services to fasten payments, automate insurance and trading, and decrease risks. As technology entered the financial sector, Akeo began to explore the arena and has tried to bring together solutions that can help enterprises as a whole.
Technology innovation in the financial industry at Akeo includes lending and borrowing, PSP integration, wallet development, share management, remittance pay. With the augmentation of emerging technologies, we have also integrated Ethereum and Hyperledger blockchain into customer-oriented services Fintech applications.
Real-life blockchain applications in Fintech: Ledgefarm
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...read more
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...read more
The Revised Payment Services Directive has been working on to build a framework for the Third Party Providers like PISP (Payment Initiation Service Provider) and AISP (Account Information Service Provider) to develop services on top of bank’s data. Open Banking under PSD2 has made it all possible with bringing the focus on access to the…read more