Fintech, Digital banks, Banking as a Service, Banking as a platform
Fintech Companies that aim to improve, streamline, digitize, or transform traditional financial services using software and technology. Technology and finance are giving startups and service providers the ability to offer streamlined financial products and services that were previously only available through highly regulated, traditional financial institutions. FinTech startups are poised to revolutionize the banking sector and outpace traditional banks: Companies that seek to improve and…
Open Banking is accomplished, all bow to Open Finance
Open Banking provides third-party financial service providers with open access to banking data, transactions and other financial information through application programming interfaces (APIs). This has been the basis for the creation of digital banks such as Revolut that use banking infrastructure providers. Open Banking is only a step on the road to Open Finance While Open Banking APIs allow users to share their bank account information, Open Finance goes a step further and allows data…
Microservices distilled
My knowledge of microservices summarized :) Microservices approach to software development microservices architecture consists of a collection of small, autonomous services. each service self-contained and should implement a single business capability. separate codebase - can be managed by a small development team. can be deployed independently. responsible for persisting their own data communicate with each other by using well-defined APIs. don't need to share the same…