Industry insights

With banking going digital and more personal than ever before, Personal Financial Management tools (PFM for short) have become indispensable for individuals seeking to take control of their finances. To build the perfect one...

While digital banking is undergoing a rapid transformation and growth, a new phenomenon is emerging – Kids Banking. This concept not only represents a revolutionary way for today's children to learn about money but also offers a unique opportunity to develop financial literacy from a very young age. Fintechs such as Pocket, GoHenry and neobanks such as Revolut are jumping on the trend.

Banks are at a crossroads between conservative survival or gradual implementation of new technologies and adaptation to their customers' requirements. Although they have considerable resources and a solid client base, they do not always manage to adapt in time. In this article, we will explore the key reasons for this and highlight the importance of building a spirit of innovation, engaging in technology development and partnering with fintech firms.

Modern banking is becoming more personalized than ever, thanks to strategies like contextual banking and marketplace banking. This article explores how these strategies are changing the way banks help clients in different stages of their lives – from student loans and discounts to mortgages and business loans.

The concept of gamification, originating from the video game industry, has transcended into various fields of technology in the early 2000s as a novel marketing strategy. As banking apps and platforms continue to rise, gamification is reshaping how banks and fintech companies interact with their users, drawing valuable lessons from engaging video game experiences.

Customer expectations of their banking platform are evolving rapidly, especially when it comes to personal finances. As fintech firms continue to innovate, one trend is becoming very apparent: hyper-personalisation.

Imagine a world where banks are not just a place you put your money, but they actually understand your needs. They speak in a way that makes sense and help you navigate your finances. If you ask any fintech enthusiast with over 20 bank accounts and a plethora of fintech platforms, they constantly explore and seek the most from their banking apps.

We decided to provide our insights into the power of strictly MCC-based categorisation and its limits. Categorisation is important for credit risk scoring and it is the basis for Personal Finance Management tools. When we analysed our categorisation with MCCs, we saw that only 53% of transactions could be easily and reliably categorised based on their MCC code. Let's look at the most frequent problems we identified that make MCC usage more difficult than it may seem at first glance.

The market for digital lending from non-bank credit card issuers and fintech firms is becoming increasingly popular among consumers. It is a modern and innovative form of financing that provides a faster and more accessible alternative to traditional methods. The long queues at bank branches have come to an end. Customers want a loan in a few clicks and they want a card full of benefits to go with it. The BNPL trend with players like Klarna, Zip and Twisto shows this. 

Sustainability is becoming an increasingly key issue in digital banking, both from the perspective of consumers and from the standpoint of banks reflecting their interests as well as their ESG strategy. The interest also reflects a growing awareness of the climate change we are facing. In this article, we take a detailed look at why green direction and green thinking in banks and their banking applications are coming to the foreground now.

Rising inflation, economic recession, rising prices of absolutely everything... The times are not exactly conducive to splurging, quite the contrary.

Recently, Simon Koci, the Head of International Partnerships at Tapix by Dateio, was featured in a report, where he discusses his views on the future of fintech. In this article, we highlighted the findings of a recent survey of 100 fintech product specialists and provided insights into latest banking product trends.

SME Banking club sat down with Šimon Kočí, Head of International Partnerships for Tapix by Dateio, who will be moderating a panel discussion on the topic of Cooperation between banks and fintechs the upcoming CEE SME Banking Conference in Prague.