Obtaining a Payment Service Provider (PSP) or Electronic Money Institution (EMI) license is a complex process that goes far beyond compliance paperwork and business plans. One crucial, yet often overlooked element of a successful application is the core banking platform, which serves as tangible proof of operational readiness and regulatory alignment. In this article, we’ll …
For PayTech firms, the choice of a core banking solution is no longer a simple question of technology. It’s a strategic decision that defines how fast they can scale, how effectively they can meet regulatory requirements, and how much control they retain over their own future. Should a firm build its own platform from the …
The term core banking solution is traditionally associated with licensed banks and their central systems for managing deposits, loans, and customer accounts. However, in the context of this article, focused on the needs of PayTechs, electronic money institutions (EMIs), authorised payment institutions (APIs), and similar non-bank financial entities, we use a broader, more functional definition. …
Core Banking Solution: How to Choose the Right One for PayTech Firm Read More »
PayTech companies today navigate a complex web of regulations across multiple jurisdictions. From consumer data privacy laws to anti-money laundering directives and open banking mandates, compliance is both critical and challenging. Monolithic vs. Modular Architectures in PayTech A key but sometimes overlooked factor in meeting these challenges is the design of a company’s technology architecture. …
In our previous article, we explored the core concepts of stablecoins and fiat on/off-ramps, along with the main integration models PayTechs can adopt. Now, we turn to the regulatory and compliance landscape that governs these innovations. As crypto adoption grows, regulators are rapidly evolving frameworks to ensure that stablecoins and related financial services meet the …
Regulatory Compliance and Frameworks for Stablecoins: What PayTechs Must Know Read More »
The line between traditional finance and the blockchain world is fading fast. From everyday consumers funding a crypto wallet with a debit card to PayTechs moving millions across borders in seconds, fiat on-ramps, off-ramps and stablecoins are turning once-complex crypto processes into familiar, bank-like experiences. Yet some of the terms – EMIs, APIs, EMTs, treasury …
From APIs to Stablecoins: 4 Integration Ways Driving the Crypto-Fintech Convergence Read More »
Have you ever considered what it takes to become an authorised Fintech firm? If so, you understand that there are various requirements and areas that you must consider. To assist you in understanding how to navigate the regulatory licensing process we’ve prepared this article, which covers: There is no doubt PSP licensing is a complex, …
PSP Licensing Explained: 5 Must-Know Requirements for Fintech Growth Read More »
Apart from technological and regulatory compliance matters, payment software solutions must have appropriate modules to carry out day-to-day operations. This should not come as a surprise, albeit many white-label solutions have almost zero functionality for operational management. In this section, we will outline the main considerations that each PayTech should bear in mind when choosing …
How To Choose Payment Software Solutions – Operational Considerations Read More »
Choosing the right core banking software isn’t rocket science…but it does bear an uncanny resemblance in its complexity. And just like understanding the cosmos isn’t about mastering rocket propulsion overnight, grasping the intricacies of core banking technology isn’t about becoming a banking professional instantly. We’re here to make sure your banking software ‘launch’ is successful. …
Why the core banking system is the backbone of bank compliance software? Banking, payments, and electronic money services is a highly regulated sector, and all PayTechs must have adequate core banking or payment software in place to ensure compliance. For simplicity, we’ll refer to electronic money institutions and payment institutions that are providing transactional banking …
8 Reasons Why Core Banking System Is The Backbone Of The Bank Compliance Software Read More »
