Almost a year ago, Apple introduced its first financial product – Apple Card. The project was implemented in partnership with Goldman Sachs and MasterCard.
The leaders in cloud technologies - Amazon and Microsoft - are paving the way to enhanced data processing and storage services. Businesses around the world are quickly coming round to the potential of these new opportunities. Cloud infrastructure is used by various business sectors, including financial organizations.
In 2014 Facebook acquired WhatsApp messenger and more than a year ago successfully launched its pilot in India. This February, the National Payments Corporation of India (NPCI) gave permission for the official rollout of the payment system.
The success of any business depends on demand for its products, profitability and customer loyalty, which is directly related to product quality and its rapid adaptation to changing customer needs.
Even though we are all grown up now and take life much more seriously than we used to do as kids on a playground, an enjoyable game still has a good chance of helping us reclaim our inner child.
Dear Ladies and Gentlemen, fasten your seatbelts and prepare to land in the year 2020. The business climate at your destination is very favorable for the financial sector albeit certain challenges are expected from time to time. We wish you an enjoyable stay, that you contribute to the development of pioneering technologies, and victory in the competitive world of banking.
In association with Solanteq the Ukrainian company Alfa Insurance presented its customers mobile apps for the Android and iOS platforms, developed based on SOLAR Mobile.
Solanteq has successfully completed the EMV certification of SOLAR ACS and confirmed that it meets the requirements of 3-D Secure 2.1.
There is no doubt that the emergence of artificial intelligence has garnered considerable attention across society. And it has already had a major impact on our daily activities. The mysterious hidden algorithms that recognize which ads we will be interested in, scan our activity in social media and online shopping stores, and answer questions in chatbots are making our lives increasingly productive.
A two-day event was held on the topic: ‘The Cashless Economy: Towards Sustainable Banking’ in Baku, Azerbaijan on 6-7 November. Solanteq was the main sponsor of the event.
We all know that nowadays you don’t need to carry cash in the wallet to make a purchase. And thanks to mobile technologies people can now even leave their bank card at home. But what is really amazing is that now consumers don’t need to have a payment card at all, which brings never-before-possible convenience to clients.
Today it is hard to find a global bank that does not offer mobile banking services. And apps are no longer just a convenient way to check your balance, they are an integral part of the banking experience and highly valued by consumers.
The People’s Bank of China (PBOC) is preparing to become the first major central bank to issue a digital version of its currency — the yuan, seeking to be abreast with and in control of an evolving economy.
The new cryptocurrency Libra was introduced by Facebook three months ago, on 18 June 2019. It is expected that the launch of the Libra at the global level will take place in the first quarter of 2020, and testing will begin at the end of 2019.
With the rapid pace of digitalisation and the constant growth of e-commerce, easy and instant cashless payments are becoming a must-have for consumers of financial services.
In the 1970s, when ABBA recorded their first album and when the second Walt Disney World began accepting visitors, another great achievement happened - the birth of the bulky magnetic stripe reader now known as a point of sale (POS) terminal.
On 17 July 2019 in Brussels, SWIFT – a member-owned cooperative that brings together more than 11,000 banking organizations, securities institutions and corporate clients, announced enhanced global payment innovation (gpi) for corporates.
Customers want banking to be fast, simple and affordable, providing seamless secure digital experiences across multiple channels. On the other hand, fraudsters are devising increasingly sophisticated tools and techniques, benefiting from the large quantity of breached identity data flooding the web.
3-D Secure 2.2.0 (3DS2) — the new authentication protocol for online card transactions — is a truly exciting and welcome innovation. 3-D Secure 2.2.0 is designed to improve on its predecessor by reforming the weak points of the previous protocol. This next version of the 3DS is created especially for friction reduction in the transaction process to help improve conversion.
Since the first Quick-Response (QR) code appeared in 1994 and until now no such visible bridge between the offline and online worlds has emerged. Those blocky black and white squares of digital information seemed destined to become a big thing, and they did. Nevertheless, the popularity of QR codes varies and they still have a mixed reputation around the world.