BUSINESS FOCUS: Future of banking lies in digitisation and smart solutions

Digital banking, cyberattacks, and innovations in smartbanking among the highlights of the latest Business Focus.

New payment methods are popular in Slovakia.New payment methods are popular in Slovakia. (Source: Courtesy of Slovenská Sporiteľňa)

In April 2020, The Slovak Spectator published its Business Focus on Smart Banking in Slovakia. Here is your overview of stories from the focus issue:

Digital banking is a trend in Slovakia too

While Slovakia is not an absolute leader in digital banking, it is not badly off either. Banks’ clients can launch bank accounts online or buy some bank products with the assistance of facial biometry or other smart methods, Peter Ivanka, an expert in digital banking at the Slovak IT company Softec, said in an interview. He also discussed the latest trends in digital banking in Slovakia, smart solutions developed by Slovak banks and fintechs, what the Payment Services Directive (PSD2) has brought, as well as the impacts ofthe COVID-19 virus pandemic.

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