Profile

Location

Warsaw

Member since

2015

Writes about

Security Payments Regulation & Compliance People Wealth management Retail banking DevOps Start ups Financial inclusion Cryptocurrency Markets Financial Crime Covid-19 Predictions

Konstantin's blog archive

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Konstantin Rabin

Head of Marketing at Kontomatik

Message Posts: 195 Comments: 8

Bio Konstantin has taken part in various projects in the European financial industry for the last 4 years. Currently Konstantin is heading marketing at KontoX - a European developer of bank API. In addition to this, Konstantin often publishes articles on finance and technology on key industry websites.

Blogs

Global Inflation To Ease By End Of 2023: Will This Pull Crypto Out Of The Bear Market?

29 Aug 2023

According to recent data, global inflation is projected to decline to 6.8% toward the end of this year, which is a 1.9% decrease from 8.7% and a 0.2% downward revision from earlier predictions. This is also set to continue into 2024, with a 5.2% inflation rate projected and a market growth acceleration of 4.1%. While this doesn’t mean that we are ...

Indian Fintech Market Overview: Pioneering Financial Transformation in the Digital Age

25 Aug 2023

In a world increasingly dominated by technological innovation, the Indian fintech market has emerged as a powerhouse, revolutionizing the way financial services are delivered and consumed. Fueled by a perfect storm of factors - a digitally-savvy population, supportive regulatory environment, and a burgeoning start-up ecosystem - the Indian fintech...

The Role of B2B E-Commerce Platforms in Philippine Business Growth

24 Aug 2023

In recent years, the Philippine business landscape has undergone a significant transformation, largely fueled by technological advancements and changing consumer behavior. One noteworthy driver of this change is the emergence of Business-to-Business (B2B) e-commerce platforms. These platforms have revolutionized the way businesses operate, connect...

Cryptocurrency Taxation: Navigating Complexities for Businesses

22 Aug 2023

In the rapidly evolving realm of cryptocurrencies, businesses are confronting a new frontier of challenges: taxation. As digital currencies gain traction, governments around the world are striving to regulate and tax these assets, leading to a complex landscape that businesses must navigate. The article titled "Cryptocurrency Taxation: Navig...

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Konstantin is Commenting on

Is there a place for social media data in credit risk assessments?

I definitely agree with "Social media data could fill holes in the data available to credit scoring particularly where there is little other information about a person eg young people who have yet to build up a credit history". On its own, Social media data is unlikely to be the only source of information for credit asssessment. There are a few reasons for it, but I feel that the most important one is that it is pretty easy to manipulate the data. However, if social media data is combined with another powerful source, like a banking data of the user, it can certainly be a very useful. By the way, there are companies that have been using social media data for scoring for a few years already :) Would be lovely if you could provide a few exmaples of using the data though. Apart from that, great job!

16 May 2016 Reply Read article

What If Google Made Fintech

Well, I think it goes a bit further than that. Say the availability of previewing Domain Authority in search results is of a significant importance for me. Luckily there is a plugin available for Google Chrome that allows be to combine my favourite browser with an essential tool. If this plugin wasn't available, perhaps I'd have to use a browser made by MOZ (and probably there would be one)...hence google would get less data, less impressions, less income. That's what the banks don't get. As for the costs and profits, banks are already losing their sectors. PayPal, TransferWise and many others are offering better and cheaper solutions..and the presence of bank fees is something that would result in lower volumes, hence profits. Is there anyone using a paid personal email account? Why would then anyone pay for having a bank account?

12 May 2016 Reply Read article

What If Google Made Fintech

Well, banks could certainly live out of client deposits without charging any unnecessary fees...if only the banks could optimise their processes. Yes, Ads are the core revenue stream of Google today. Would it still be main contributing over 90% in 10 years from now? I doubt that. Next to this, Google integrates advertising in its products like gmail. Hence, Google Ads are happening outside of the search engine itself as well.

11 May 2016 Reply Read article

Why Banks Need To Start Preparing For PSD2 Already Now

Hey there Jop, Well, there were quite a few articles that explain what PSD2 is. Hence you can treat this piece as the ones designed for "advanced users". You can find out more about PSD 2 in my previous post here: https://www.finextra.com/blogposting/12261/psd-2-and-xs2a-impact-on-the-banking-sector Also, we have uncovered some basics of PSD 2 on our blog here: http://kontomatik.com/post/eu-it-s-official-a-new-era-in-banking-starts-now Do you, perhaps, work for a bank?:)

15 Apr 2016 Reply Read article