The use of paper checks has been on the decline since the early 2000s, but a large portion of the population still relies on these physical check transactions. Nowadays, consumers want to clear their checks without waiting for hours or days — which is why they prefer digital transactions because they are more convenient and […]
Open source code banking software adoption is a crucial part of the current fintech movement. According to a 2018 Fintech Open Source Foundation (FINOS) white paper, banks should use open source “more strategically, efficiently, and extensively” to remain competitive. The aim of open source fintech solutions is to provide banks and customers with the core […]
