News Solanteq

How climate change affects banking

How climate change affects banking

“There is no green without digital.” That's the claim from CEO of Nokia Pekka Lundmark. With this statement, Lundmark gets at the heart of the IT industry’s role in preserving the ecology of our planet.

3-D Secure 2.3: What’s New?

3-D Secure 2.3: What’s New?

The world of e-commerce is constantly strengthening its security systems, developing ever more reliable and modern methods to prevent fraud. Our updated 3-D Secure 2.3 authentication protocol now is guarding personal data and online transactions.

The CI/CD Pipeline: how to speed up code build and save resources

The CI/CD Pipeline: how to speed up code build and save resources

Two hundred years ago Charles Darwin said: “It is not the strongest species that survive, nor the most intelligent, but the ones most responsive to change.” The capability to build own internal processes to quickly and correctly integrate new functionality into existing software is the key to successfully adapting to the ever-evolving financial sector.

ISO 20022 for cross-border payments: what does it mean for banks?

ISO 20022 for cross-border payments: what does it mean for banks?

November 2022 is the official go-live date for global banks migrating from SWIFT MT financial messaging to ISO 20022. The final deadline for this adoption is November 2025.

New prospects for cryptocurrencies

New prospects for cryptocurrencies

12 years ago, the first and most famous cryptocurrency burst onto the scene -- Bitcoin. Since then, more than 2,000 types of crypto coins have been registered on the market, and new cryptos are constantly appearing on the market.

Stay on the Cutting-Edge: 2021 Banking Trends

Stay on the Cutting-Edge: 2021 Banking Trends

Because of the stay-at-home orders and social distancing of the past year, the COVID-19 pandemic brought about accelerated digital transformations across different industries, including finance. With customers now looking for accessible solutions for their banking needs, banks used this time to strengthen their virtual infrastructures and embrace significant growth opportunities. Here are a few financial technology trends that have come about as a result of the COVID-19 pandemic.

More Automation with the SOLAR Testing Toolkit 3.0

More Automation with the SOLAR Testing Toolkit 3.0

When developing new products or expanding existing capabilities, it’s necessary to test the novation and immutability of the previously existing functionality. Reliable tools for functional, integration, regression and performance testing are essential.

Vostochny Bank chooses SOLAR to join the SBP service

Vostochny Bank chooses SOLAR to join the SBP service

Represented in 64 regions, Vostochny Bank is one of the largest banks in Russia and is continuing to expand its branch network. Vostochny Bank’s development strategy prioritizes the provision of high-quality financial services to residents of both large cities and small towns.

Bank ZENIT implements projects on the SOLAR platform

Bank ZENIT implements projects on the SOLAR platform

Bank ZENIT is offering its corporate clients the opportunity to connect to the salary payment system. To perform the salary payments, it is enough to transfer the whole amount in one order and send detailed information to the Bank in electronic form.

Internet of Things: The Promise of The Future

Internet of Things: The Promise of The Future

Internet connectivity is powerfully pushing back the limits of our reality – smart systems and environments fit smoothly into our daily routines, responding dynamically to behavior and anticipating needs through a knowledge of user preferences.

How do banks optimize their back office business processes?

How do banks optimize their back office business processes?

Convenience, the quality of financial products and customer support, and the resulting user satisfaction with a bank’s services directly depends on how well the bank’s internal business processes are organized.

Digital payments in fashion

Digital payments in fashion

Banking on the go through smartphones is now popular and easy-to-do. Users can choose a gadget from hundreds of models available on the market. However, smartphones are not the only smart appliance supporting digital payments today.

Cybersecurity in banking

Cybersecurity in banking

As the financial world moves quickly online, it is becoming more exposed to a widespread global threat – cybercrime. Today security measures need to be reliable and strong to protect virtual data and assets.

How 5G will affect banking?

How 5G will affect banking?

The 5G generation of cellular technology is right around the corner. As countries begin to roll it out, 5G will transform the way we live and work — and this will open up fresh opportunities for retail banking.

Modern ATMs: Improving the Customer Experience

Modern ATMs: Improving the Customer Experience

Half a century ago ATMs caused a revolution in the banking industry, eliminating the need to visit a bank branch to withdraw cash or deposit a check. Multifunctional ATMs that could perform basic financial transactions such as money transfers between accounts that previously were handled by tellers debuted in 1971. They showed that banking operations could be performed without the need for a branch or operator.

How the financial world is adapting to work in Covid-19

How the financial world is adapting to work in Covid-19

As the coronavirus Covid-19 is spreading worldwide, financial institutions are being forced to move their customer services fully online.

Apple Card: Apple is a new player in the financial arena

Apple Card: Apple is a new player in the financial arena

Almost a year ago, Apple introduced its first financial product – Apple Card. The project was implemented in partnership with Goldman Sachs and MasterCard.

Banking on the cloud

Banking on the cloud

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.

Facebook officially launches WhatsApp Pay

Facebook officially launches WhatsApp Pay

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.

Achieving faster time-to-market with automated testing

Achieving faster time-to-market with automated testing

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.

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