The world of digital banking, payments, and online finance has experienced a seismic shift in recent years, with the demand for change being driven by SME businesses and consumers alike. The advent of Crypto Currencies and the challenges of lockdowns have driven innovation at a rapid pace in the last two years. Banxe, a British… Continue reading Banxe is leading the way for the digital banking future
Category: Digital Transformation
What is Open Banking?
Open banking refers to a financial service model that allows third-party providers to access and use a customer’s banking data through APIs (Application Programming Interfaces). This approach to banking is designed to increase competition, drive innovation and provide customers with more choice and control over their financial data and services. Open banking has its roots… Continue reading What is Open Banking?
How Artificial Intelligence is reshaping the Banking Industry
The use of Artificial Intelligence (AI) within the banking industry is nothing new. Many major banks have harnessed the power of machine learning to assist with complex front and back office processes like fraud detection, risk management, and underwriting for several years now. But one area that has seen noticeable recent growth is the use… Continue reading How Artificial Intelligence is reshaping the Banking Industry