Prove Blog

The PSD2 (Revised Payment Service Directive) – going to be implemented across SEPA (Single Euro Payments Zone) in 2018 – will bring about many changes to how financial services are delivered to customers.

Neobanks and challenger banks raised more than $300M of investments in the last year.

While it is hard for a first-world millennial to imagine not paying bills or rent online or not having money in a savings account, there is a massive portion of the world’s population that doesn’t even have that opportunity.

FinTech is free from the regulatory burden the banks have to carry, which is why bright entrepreneurs could consolidate so much financial power internationally.

A look at the biggest social media giant of all-time – Facebook. The company has had big plans for its Messenger App, and professionals across industries started paying closer attention to the ever-expanding commercial capabilities of a former chat app.

Spectacular growth has made Tinkoff the third-largest bank in terms of the number of customers.

‍Most tech companies look for the broadest audience possible, yet mobile payments seem to aim for a sliver of the market and then aim even smaller by the time the app goes into production.

Under the Payment Services Directive (PSD2), the digital revolution of making payments online is now regulated at a community level.

From emerging as competitors to becoming collaborators, the bank-FinTech partnership continues to evolve.

Starbucks is one of the most vivid examples of an outsider’s role in the financial services industry.

The retail industry has witnessed a paradigm shift with the increased availability of smartphones and tablets.

Just like financial institutions, insurers are no strangers to leveraging advanced technologies in various aspects of the business.