Insights

  • The Core Commercial Models of Open Banking Explained
    Ilie Ghiciuc - 10 Jul 2024
    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.
  • How Banks Can Leverage Banking As A Service (BaaS) to Stay Competitive
    Ilie Ghiciuc - 27 Jun 2024
    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.
  • Stefan Sarbu - 19 Jun 2024
    Understanding the cost of an MVP is crucial for setting a solid foundation for your startup. It influences key decisions, such as the scope of features, choice of development team, and go-to-market strategy. Knowing the cost helps plan resources effectively, ensure financial sustainability, and set realistic expectations for product development and market entry. A well-planned MVP budget can make the difference between a successful launch and a stalled project.
  • Paula Cristea - 6 Jun 2024
    The promise of Team-as-a-Service (TaaS) is undeniable: a dedicated development team at your fingertips, ready to propel your product vision forward. But let's face it, geographical distance can introduce hurdles. Time zones differ, accents may create misunderstandings, and fostering a cohesive team spirit across continents can seem daunting.
  • Paula Cristea - 30 May 2024
    Congratulations on launching your Minimum Viable Product (MVP)! It's a significant milestone, but it’s just the beginning of your journey. The main goal of creating an MVP is to test your idea's viability, accelerate its market launch to get real user feedback and determine the next steps. Once your MVP is developed, release it to the market and assess user reactions. Ensure that your customers can easily share their opinions and then collect their reviews.
  • Ilie Ghiciuc - 22 May 2024
    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.
  • Ilie Ghiciuc - 16 May 2024
    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.
  • Ilie Ghiciuc - 13 May 2024
    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.

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