Bankable and Moneyou: Challenging the status quo with popular financial technology


nnEuropean online bank Moneyou has announced that it will increase its portfolio, and with the payment solution provider Bankable financial technology will be the Netherlands and Germany’s millennial generation as its target customers. The author of this article talks with the head of the two companies on the partnership, the importance of the cooperation and the future development of the two sides, respectively, the difficulties faced by cooperation, the two companies to take the measures taken, and the two sides unique The way of cooperation has been described, indicating the importance of communication and trust.n
nTranslation: Clovern
European retail online bank Moneyou today announced that it will increase its portfolio portfolio to diversify its multi-pocket and multi-card technology with Bankable’s solution provider to target the Dutch and German millennials as its target customers. Moneyou understands the changing needs of its customers in a unique way and continually improves products and services to meet these needs. Bankable is the most popular financial technology for existing companies and is known for its rapid implementation and, accordingly, its ability to generate revenue faster. I talked with Moneyou CEO Liesbeth Rigter, Moneyou Chief Operating Officer Theo van Bon and Bankable CEO Eric Mouilleron talked about their partnership, the importance of their cooperation, and the future.n
As Mouilleron emphasized, it was difficult to communicate with partners in the past.n
n”Those who build these systems are not retired, or are they no longer working on it, so these left-hand questions help create a company like ours. Our point of view is to create a new environment outside of the bank so that Different infrastructure can be re-created as a parallel organization on a parallel server and recognized and used by banks. The bank uses infrastructure, software, accounts, and processing power to build new banks; that’s where we work with Moneyou The work of the content.n
nMouilleron talked about the cooperation between the two sides and technical capabilities, while the two sides need a lot of trust, which is Bankable and Moneyou built, and will be completed within 4 weeks POC test.n
Bon said that Bankable provided a wallet account system to enable it to jump out of the routine, in full confidence in its partner capacity under the premise of the formation of the bank. Bon explains:n
n”Moneyou does not provide anything, and because the platform is API-based, we will be able to use the functionality provided by Bankable on the platform.” Bankp and Moneyou are dependent on each other, Rigter said, but although Moneyou is ABN AMRO’s Company, but when it comes to IT infrastructure that favors retail banking, they are 100% independent. “We are able to move forward faster and make changes based on customer needs without stagnating or relying on traditional systems of large banks.”n
nn”We have an ecosystem with our partners, and we also have an ecosystem with our customers and potential customers, and there are always other ways to look at their financial situation and how banks use them I think we are working with Bankable to build a platform that will enable us to develop a new way of banking with new features and features in a groundbreaking style.Customers will tell us what they need, less of these communication, we It is not clear to see the future, and keeping it at the same level as customers and partners means working actively with respect to services that are not yet available.n
nRigter said:n
n”And this is also related to future demand, because sometimes customers do not know what their needs, which is my use of ‘groundbreaking’ to describe the reason for the word sometimes because the demand can not adapt to the rules, instability appears It is especially important that the millennials live life around the work, from which they will produce different financial needs – as seen in their own lives, not all families are made up of mothers, fathers and two children “Similarly, Bankable may also be described as unstable, as Mouilleron said, all of which are now happening:” After the contract was finalized six months later, we conducted the first transaction. Way so that we can deliver in time. “n
nRigter continues to say that as the times change, the terms “partnership” and “ecosystem” are often used to describe such forms of cooperation. “It’s important to openly show that your ideas are important and do not say anything. Sharing ideas is the way you keep in touch with future customers and avoiding obstacles in uncertain times.” While the turnaround time seems easy, Mouilleron , The obstruction does exist, because after all they are building a bank. “We are not a magician, we want to keep working with customers, so if we really happen, we can solve the problem, we will not hide the problem.”n
Righter said, we spent a lot of energy to choose partners, whenever it is a difficult task.n
n”After listing, screening, demonstrating, and providing sandboxes, we decided to combine Bankable developers with our developers and build on our existing savings account, which was asked to build a paid wallet in four weeks We did it for the first time in this way, but it also proved the way in which cooperation worked, but also reflected their delivery speed and execution. Practice was the only criterion for testing the truth, but Not all companies are willing to practice. “n

MSP uses the block chain to improve management services in four ways


nnnRush time comment: block chain has now been a number of areas of concern, different industries are envisaged related use cases. But the management service providers seem to have not yet clearly aware of the impact of the technology on its business. Therefore, this paper lists the four MSP can use the block chain way, highlighting the advantages and role of the technology. Hope to give the industry some inspiration.n
nnTranslated by: Inan
nBlock chains are changing the financial world and other areas.n
nAlthough most MSPs (management service providers) have not yet begun to use block chains, they are now planning to use the technology to help them do business.n
nA block chain is a distributed database (sometimes called a distributed book) that can be publicly recorded on a block chain and stored between multiple nodes.n
nBlock chains are not owned or managed by a single institution.n
nIn addition, all the information on the block chain is transparent.n
nThe most widely known role of block chains is to support the digital currency of Bitcoin, but it also has many other applications.n
nHere are some examples of how MSPs can use block chains to provide better management services.n
nn
nBlock Chain and MSPn
nI bet that almost no MSP has used block-chain technology in its own business.n
nHowever, MSP can benefit from this technology in several ways.n
nThese include:n
nnAccept digital currency payments based on block chains. This is the most obvious use case for block chains on MSP. MSP can not only provide customers with a new payment option, but also help customers protect their identity by accepting payment of digital currency, such as bit currency and currency. Because block-chain transactions are usually anonymous, they do not expose people’s identity.n
nnnStore user data. The reason users refuse to work with MSP is often that they need to host their own sensitive data to the MSP server. These data may be tampered with or stolen, and users can not view the data unless they have access to the MSP infrastructure – often not possible. Block chain is able to solve this problem. It allows the MSP to store user data on the block chain, where all transactions are being monitored. In this way, the block chain allows the user to trust the data when it is entrusted to the MSP. Acronis has already used this technique, and the company uses block chains to provide partial support and data protection services.n
nnnManagement contract. MSP can use block chains to manage and execute contracts with customers. The application of such a block chain is generally referred to as a smart contract, creating an automated and transparent contract that minimizes the risk of signing a contract.n
nnnSend a notification. When the service is hindered or the user requests an action, the MSP will usually notify the user by e-mail or other traditional reminder that needs to pass through the central system. The block chain provides a more efficient and reliable way to send notifications. If the MSP stores a notification on the block chain, the user can retrieve the notification information wherever it is, without relying on an e-mail server or other single point of failure. IBM also portrayed the idea of ​​using a block chain to send a secure recall notification, similar to this concept.n
nnAlthough there are few MSPs that use block chains in the above way, these use cases will become more common as the technology continues to evolve.n

MSP uses the block chain to improve management services in four ways


nnnRush time comment: block chain has now been a number of areas of concern, different industries are envisaged related use cases. But the management service providers seem to have not yet clearly aware of the impact of the technology on its business. Therefore, this paper lists the four MSP can use the block chain way, highlighting the advantages and role of the technology. Hope to give the industry some inspiration.n
nnTranslated by: Inan
nBlock chains are changing the financial world and other areas.n
nAlthough most MSPs (management service providers) have not yet begun to use block chains, they are now planning to use the technology to help them do business.n
nA block chain is a distributed database (sometimes called a distributed book) that can be publicly recorded on a block chain and stored between multiple nodes.n
nBlock chains are not owned or managed by a single institution.n
nIn addition, all the information on the block chain is transparent.n
nThe most widely known role of block chains is to support the digital currency of Bitcoin, but it also has many other applications.n
nHere are some examples of how MSPs can use block chains to provide better management services.n
nn
nBlock Chain and MSPn
nI bet that almost no MSP has used block-chain technology in its own business.n
nHowever, MSP can benefit from this technology in several ways.n
nThese include:n
nnAccept digital currency payments based on block chains. This is the most obvious use case for block chains on MSP. MSP can not only provide customers with a new payment option, but also help customers protect their identity by accepting payment of digital currency, such as bit currency and currency. Because block-chain transactions are usually anonymous, they do not expose people’s identity.n
nnnStore user data. The reason users refuse to work with MSP is often that they need to host their own sensitive data to the MSP server. These data may be tampered with or stolen, and users can not view the data unless they have access to the MSP infrastructure – often not possible. Block chain is able to solve this problem. It allows the MSP to store user data on the block chain, where all transactions are being monitored. In this way, the block chain allows the user to trust the data when it is entrusted to the MSP. Acronis has already used this technique, and the company uses block chains to provide partial support and data protection services.n
nnnManagement contract. MSP can use block chains to manage and execute contracts with customers. The application of such a block chain is generally referred to as a smart contract, creating an automated and transparent contract that minimizes the risk of signing a contract.n
nnnSend a notification. When the service is hindered or the user requests an action, the MSP will usually notify the user by e-mail or other traditional reminder that needs to pass through the central system. The block chain provides a more efficient and reliable way to send notifications. If the MSP stores a notification on the block chain, the user can retrieve the notification information wherever it is, without relying on an e-mail server or other single point of failure. IBM also portrayed the idea of ​​using a block chain to send a secure recall notification, similar to this concept.n
nnAlthough there are few MSPs that use block chains in the above way, these use cases will become more common as the technology continues to evolve.n

“No investment”: Internet Archive indicates the reason for holding a bit currency

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nnnTrap: Internet Archive is a nonprofit digital library dedicated to providing “open access to all knowledge”. The organization has been receiving royal donations since 2012, but it has not immediately redeemed its royal currency for money, but has tried to find ways to use them. Recently, Internet Archive in a blog post publicly stated why it accepted and held the reason why it received donations. At the same time, the organization said that this is not an investment, but in an open way to test technology.n
nnTranslation: Clovern
nThe Nonprofit Digital Library, which is dedicated to providing “open access to all knowledge”, explains why it accepts and holds not paying for the donations it receives.n
nIn a recent blog post, the organization made it clear that it incorporated the encrypted currency into the balance sheet (and other donations, including zcash), “a fresh organization that is experimenting with this innovative Internet technology Examples. “n
nBowen wrote:n
nn”Internet Archive has studied the way that Bitcoin and other Internet innovations can help in the nonprofit sector – which is part of what we want to know how to use donated bits of money in addition to clearing out. To do these studies in public, so that other organizations can learn from our lessons, and that’s interesting. “n
nnAs a nonprofit organization, Internet Archive has been receiving royal currency contributions since 2012 and has been providing digital assets to its employees as a pay option since 2013. Internet businesses around the Office of the Internet Archive are also encouraged to accept the currency – and some success.n
nHowever, the Internet Archive did not immediately convert the royal currency to its currency, but instead sought to use the donations.n
nThe organization says, “What we’re doing is trying to ‘do things’ and try to understand how Bitcoin works for a nonprofit organization, which is not an investment for us, but an open way to test the technology “n
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