Block.one announces EOSIO 2 for faster and simpler DApp development

EOSIO 2, the second iteration of EOS blockchain has been recently introduced to the world keeping blockchain developers in mind. The main objective behind EOSIO 2 is to offer a faster, simpler, and more secure environment for developers to build on EOS blockchain. In...

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...

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…

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...

If blockchain is so secure, then how are the exchanges getting hacked?

How the blockchain secures data? The technology works literally like their name; the data/transaction is stored in a chain of “blocks”. Each set of information or the block is linked to the block before it or after it. As a result, the data is difficult to tamper with...

Top 3 challenges blockchain faces to disrupt the banking industry

Blockchain has been one of the most talked-about technologies within the banking sector, given its potential to revolutionize services therein. The hype around the technology has led financial institutions to invest millions of dollars in finding out ways of applying...

How to become a PISP player under PSD2?

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…

DAG Technology: Going beyond Blockchain

Similar to the internet in its early days, blockchain technology has experienced massive shifts in acceptance and use cases in a short span of time. The underlying technology to Bitcoin is being leveraged by large organizations to disrupt almost all operations and...

Open Banking in the UK: What has changed so far

Since January 2018, when the UK embarked on its open banking experiment, we have heard a lot about it. Now the regulation is almost two years old, we believe that there have been visible changes in the financial landscape, especially for big banks and firms willing to...

How will Open Banking impact the market for lending

With open banking leading the way, large banks, financial institutions, and aspiring third party providers are preparing to redefine the financial services. They will produce more personalized products and services catering to the financial needs of the consumers....
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