Insights by Ilie Ghiciuc

Ilie Ghiciuc - 10 Jul 2024

The Core Commercial Models of Open Banking Explained

Over a decade ago, the concept of Open Innovation emerged, advocating for the sharing of ideas among innovators and enhancing the collective pool of knowledge. This approach has evolved into Open Banking, which allows third-party financial service providers access to banking and financial data, driving innovation in banking.

Fintech
Ilie Ghiciuc - 27 Jun 2024

How Banks Can Leverage Banking As A Service (BaaS) To Stay Competitive

The financial services industry is undergoing a revolution lead by new, digital-centric neobanks and fintechs. Built from the ground up with user-friendliness and flexible functionality as their guiding principles, these new players are rapidly gaining traction. A report by AppRadar shows that neobanks are taking the lead in user growth with 18 million more downloads than legacy banks in 2023.

Fintech
Ilie Ghiciuc - 22 May 2024

How AI and Machine Learning Transform Mobile Banking Security

Artificial intelligence (AI) and machine learning (ML) are becoming pivotal in enhancing the security of mobile banking applications. Through our work on the open-source banking front-end, Ivory, we've delved deep into how these technologies not only redefine security paradigms but also ensure a highly personalized banking experience.

Fintech
Ilie Ghiciuc - 16 May 2024

Behavioral Analytics for Fraud Prevention in Banking Apps

Behavioral analytics is becoming an indispensable tool in the arsenal of fintech, especially in the realm of mobile banking applications. Our journey with implementing this sophisticated technology in different fintech projects and our open-source front-end, Ivory, has given us firsthand insight into its critical role in enhancing security and user trust.

Fintech
Ilie Ghiciuc - 13 May 2024

Biometric Authentication Technologies For Personalized Banking

In the rapidly evolving fintech sector, biometric authentication technologies are becoming a cornerstone of security and user experience in mobile banking apps. At Thinslices, our expertise in integrating these technologies into projects like Mobilize Pay and Penta, alongside our open-source initiative, Ivory, has shown us the profound impact of biometrics on the finance industry.

Fintech
Ilie Ghiciuc - 25 Nov 2023

Device Binding in Mobile Banking Apps: Enhancing Security & User Trust

Device binding is a critical security measure in the world of fintech, particularly for mobile banking applications. As a fintech product development company we are only too aware of this. We experienced firsthand with the importance and implementation of device binding in projects like Mobilize Pay, Penta and our open-source mobile banking front-end, Ivory.

Fintech
Ilie Ghiciuc - 21 Jul 2021

All the Phases of the Mobile and Web Product Development Process

Analysing the market, deciding on the type of app you will build, estimating the budget and, finally, the execution – they all are long steps that can sometimes discourage you. However, they all are equally important. Neglecting some can prejudice the others and can eventually cause delays in the release.

Team
Ilie Ghiciuc - 2 Sep 2020

Mobile design. Something almost as important as the app itself.

For startup founders and entrepreneurs it’s essential to keep in mind that design has a lot to do with business success. If the design process is neglected, most times bankruptcy can occur.

Technology
Ilie Ghiciuc - 26 Aug 2020

Internal vs external team for mobile product development

His concern was the following: “We will need continuous development and working with an external agency will definitely be too expensive. Even though your prices are very competitive, costs don't match those of two developers employed in-house.”

Technology
Ilie Ghiciuc - 18 Aug 2020

Smartphone statistics and tablet usage patterns

As technology advances, so do the behaviors of the users so, for us, keeping up with the latest research and statistics is both a necessity and a delight. We're aware that we process images 60.000 times faster than texts so we've prepared some infographics for all you data viz aficionados out there. Click to go straight to the infographics.

Technology