Learn the essence of Open Banking Vs Platform Banking and the global banking weather with Decentro’s pocket guide, in under 4 minutes!
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The many faces & features of Virtual Accounts explained in under 5 minutes. Grab Decentro’s handy guide to Virtual Accounts, now!
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Isn’t 2020 over already! Let’s make merry this Xmas & welcome the new year with Decentro’s free financial utility APIs, now!
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KYC or Know Your Customer or Know Your Client refers to the process of collecting, verifying, and confirming the identity of any individual who transacts with a Financial Institution(FI) such as banks or insurance companies.
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Gromo is an online platform that enables individuals to sell financial products via their personal social network. Their usecase requires them to fulfil instant validation of bank accounts and move money in an automated and seamless manner. Check out how they are running their entire platform on Decentro's API suite.
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Zoozle is a new platform for businesses to run on auto-pilot. Their usecase requires them to enable seamless onboarding and validation for these businesses as well as move money in an automated and simple manner across bank accounts. Check out how they are running their entire platform on Decentro's API suite.
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I’m sure most of you have had your share of personal banking experiences so I thought I’ll share mine as well to help you relate with the same. During my childhood, my experience with banks was restricted to blindly signing bank forms and withdrawing cash from the ATM under the guidance of my parents.
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I come from a traditional middle-class family & was averse to the idea of lending for a long time. The younger me did not believe in the concept as I was averse to having to owe something to someone. Someone close to my life struggled with loan repayments & my younger-self made an immature decision to never take a loan.
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I was pleasantly surprised and shocked when my friend, based in London, said he liked his bank. He was referring to the new-age digital banking apps such as Revolut & Monzo. I wondered if its already time to bank using my phone and stop visiting bank branches.
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“In a world deluged by irrelevant information, clarity is power” — Yuval Noah Harari
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