Nelson and Steve featured in the October edition of Fintech Magazine talking about growth, enablement and financial inclusivity. Its a great article covering SaaScada’s beginnings and why we have chosen to do things differently to deliver better core banking. They also touch on the importance of high quality data, the efficiencies of co-existence for driving
Nelson recently joined Matthias Notz on stage in Munich at Bits & Pretzels, a three-day conference for founders and enthusiasts from the start-up scene. It was great to talk about the challenges and excitement of the start up journey but possibly the highlight for Nelson may have been the close encounter with Nico Rosberg who
Only 23% of UK banks’ customers use more than one of their products, as banks struggle to meet customer needs SaaScada study shows that, as net interest margins come under threat, banks must innovate to launch compelling new products and grow their share of wallet NextGen data-driven core banking engine, SaaScada, today launched a new
Leveraging data is vital to keep customers safe and meet expectations of immediacy in digital banking. There are already some good players who have harnessed data to deliver results in the fraud space. They are taking real-time data feeds from the core to identify fraud. Historically, legacy systems have made it difficult to implement these
We believe it is all about real time data. What is happening right now? Not last quarter, not last month, not last week, right now. You can only deal with issues when you can see them and the faster you an access that data, the faster you can act. It is also about trust. Building
The Client The Payment Firm Ltd (The PayFirm) is an Electronic Money Institution, authorised in the UK. They offer services on an eMoney Distribution basis (rather than the now frowned upon Agency model). They specialise in providing cutting-edge digital financial services, providing an API to power their clients’ products. Their mission is to empower their
It is interesting to see just how many core banking platforms claim to be cloud-native when really they are simply old technologies repurposed for cloud. This means that they do not leverage all the benefits of the cloud. Genuine, cloud-native core banking strips away all the technologies that were traditionally used for banking. By turning
The Client Allica is a no-nonsense business bank, built especially for established businesses with between 5 and 250 employees. Their mission is to give businesses the banking they deserve. Allica was recently named as Britain’s fastest-growing private company in 2024’s The Sunday Times 100, and are also the fastest-growing fintech company in the 26-year history
When building our product configuration engine, an important deliverable was ease of changes such as interest rates. The ease (or not) of making interest rates changes became incredibly important when interest rates started to change for the first time in many years. Indeed there were even circumstances where the process of changing interest rates were
Cost and flexibility are key considerations when choosing the right core banking technology. It is important to select a core banking platform that can support long term innovation, unlocking different ideas and new markets as the business grows. So we did away with the traditional modular product approach and instead created a Unified Product Hub
