{"id":10535,"date":"2018-08-20T05:27:25","date_gmt":"2018-08-20T05:27:25","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=10535"},"modified":"2018-08-20T05:27:25","modified_gmt":"2018-08-20T05:27:25","slug":"open-banking-is-uberizing-ukraine-s-financial-services","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/open-banking-is-uberizing-ukraine-s-financial-services\/","title":{"rendered":"Open banking is uberizing Ukraine\u2019s financial services"},"content":{"rendered":"<p>The era of open banking has come, and it is already starting to change the rules of the game for financial institutions around the world. As this trend continues, it will challenge financial market participants to improve personalized communication and offer specifically-tailored services for consumers. This will come via applying AI and analytics to marketing strategies and developing highly-personalized services.<\/p>\n<p>In Ukraine, adapting to the open banking era began late last year with the launch of the \u20181991 Open Data Incubator\u2019, a competition for startups ready to create new financial services based on public data from banks.&nbsp;The project was supported by the National Bank of Ukraine (NBU) and OTP Bank. Among the innovative ideas already presented are:<\/p>\n<ul>\n<li><strong>CoinyPay<\/strong> \u2013 a solution for quick online and mobile payments<\/li>\n<li><strong>MarketBOX<\/strong> \u2013a single CRM system for managing goods and orders on several trading floors<\/li>\n<li><strong>YouScore<\/strong> \u2013a scoring platform that collects and analyzes client information from open sources<\/li>\n<li><strong>Bnesis<\/strong> \u2013a screening service that allows for quick interactions with a variety of client programs, payment applications, trading platforms and accounts<\/li>\n<li><strong>CyberDataVizor<\/strong> \u2013a secure and reliable system for authenticating payments through the use of digital fingerprints<\/li>\n<li><strong>Sky Service FIN<\/strong> \u2013 24\/7 cloud offices for accounting, business activity analysis and reporting control<\/li>\n<li><strong>Churn API<\/strong> \u2013 a service that predicts the outflow of customers<\/li>\n<\/ul>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-10535 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='8 in 10 millennials ready to switch away from banks'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/8-in-10-millennials-ready-to-switch-away-from-banks\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/2335523-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13045\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13045'>\n\t\t\t\t8 in 10 millennials ready to switch away from banks\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Barclaycard expanding contactless payment devices'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/barclaycard-expanding-contactless-payment-devices\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/watchnfc-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9566\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9566'>\n\t\t\t\tBarclaycard expanding contactless payment devices\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Four Innovative Investing Companies on Forbes 2022 Fintech 50 List (Video)'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/four-innovative-investing-companies-on-forbes-2022-fintech-50-list-video\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/08\/d64a3b72-348c-ace9-16d9-9742d944e48f1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16780\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16780'>\n\t\t\t\tFour Innovative Investing Companies on Forbes 2022 Fintech 50 List (Video)\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The era of open banking has come, and it is already starting to change the rules of the game for financial institutions around the world. As this trend continues, it will challenge financial market participants to improve personalized communication and offer specifically-tailored services for consumers. This will come via applying AI and analytics to marketing &hellip;<\/p>\n","protected":false},"author":5,"featured_media":10628,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,201],"tags":[77,197,49,287,335],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/10535"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=10535"}],"version-history":[{"count":3,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/10535\/revisions"}],"predecessor-version":[{"id":10682,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/10535\/revisions\/10682"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/10628"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=10535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=10535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=10535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}