As covered by Forbes: BankiFi Offers Banks Services They Can Bundle For Their SME Customers

This article, written by Tom Groenfeldt first appeared on Forbes.

BankiFi is a European fintech startup that offers modern tech services, such as invoicing, payments, nudges, cash management and accounting, to businesses.

The Bankifi Blog

Time to trust the cloud

  • Why banks can trust the cloud and how fintechs can be trusted by deploying bank grade security

Although the cloud has certainly been around longer than any of us – and I enjoy a glimpse into infinity every time I fly - when we use the word these days in a business setting, we do refer to a real – yet intangible – environment where we host and share technology and data. As early as 1989 Apple set up a project to look into the next generation of computing whereby consumer electronics companies, computer and telecommunications companies had to collaborate. This resulted in a spin-off in which Andy Hertzfeld played a huge part and a few years later he wrote the now famous words on his invention Telescript:  “The beauty is that now instead of just having a device to program, we now have the entire Cloud out there, where a single program can go and travel to many different sources of information and create sort of a virtual service.”

Fast forward to the early years of 2000 when large enterprises started to explore cloud benefits. Needless to say, banks were not amongst the first movers. Risk averse and tightly regulated by parties, who for many good reasons are not normally known for breaking frontiers either, we cannot blame them. Yet, soon we saw banks starting to move non-customer centric or lower risk functions to various forms of private, hybrid and later public cloud.

Upcoming events:

UK FinTECHTalents

11-12 November, London, UK

Conny Dorrestijn chairs and moderates the Build stage around Open Banking on the afternoon of Monday 11 November.

Lean Innovation Summit

11-12 November, Rotterdam, NL 

In a fireside chat, Conny Dorrestijn will make sure she asks the right questions to Aleksa Vukotic, CTO, thestartuptechfactory.tech on platform innovation in start-ups and large corporates/banks.

Shift Money 2019

18-19 November, Zagreb, Croatia

Conny Dorrestijn speaks on Monetizing Open Banking with the only lasting capital we have... Purpose.

 

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