[Romanian] podcast series focusing on open banking updates, products and development on the Romanian market. Smart Fintech is the first PISP licensed in Romania by the NBR (National Bank of Romania - the regulatory authority). The start-up was founded more than two years ago with the purpose of driving innovation on the Romanian open baking ecosystem.
[Romanian] Podcast Series about innovation through open banking releases the third episode regarding Smart Pay - the first Payment Initiation Service through open banking licensed by the National Bank of Romania, that can be used both as an alternative to any online payment, and as a payment accelerator (it can be integrated in any app that manages financial resources). Find out more about the product, its development, use-cases and addressability in this insightful discussion with Ana Maria Georgescu and Andrei Dumitru, both co-founders Smart Fintech.
Some highlights: SmartPay was created in compliance with the Revised Payment Services Directive, known as PSD2, that opens the financial sector to other authorised players as well (apart from the banks and their traditional services), known as Third Party Providers (TPPs).
By using SmartPay, each user can initiate a payment from an owned Romanian bank account, providing that he/she owns a bank account that can be accessed electronically for one of the integrated Romanian banks: BRD, BCR, Banca Transilvania, ING Bank, CEC, Raiffeisen. SmartPay is developed as a plug&play app, and it could easily be integrated in any platform, to offer your clients access to a rapid payment initiation or simply an alternative online payment method.
[Romanian] Podcast Series about innovation through open banking releases the second episode regarding the process of authorisation of a third party provider (TPP) by the regulatory authority - in our case, the National Bank of Romania (NBR). Find out more about the extensive process, about the first Romanian TPP authorised in our country by the NBR and about the SmartPay solution as an alternative to online payments, in this insightful discussion with Mihaela Georgescu and Alex Cociu, both co-founders Smart Fintech.
[Romanian] Podcast Series Smart Open Banking releases the first episode on open banking driven innovation and changes, with a focus on Strong Customer Authentication, and all the announced changes in online payments and transactions starting 2021, in EEA. Find out more about the subject in this insightful discussion with Cristian Barbu (Managing Partner IT Smart Systems) and Mihaela Georgescu (Co-Founder Smart Fintech).