If You Want to Keep Track of Regulation (EU) 2023/1114 aka. MiCA(R) Progress with One Article Per Month, This Is the One to Read The Markets in Crypto-assets Regulation (MiCA) is a groundbreaking regulatory framework for the crypto-assets market in the EU. However, the regulatory process is still ongoing, some…

We are delighted to report about our pivotal role in the launch of the Central Bank of Hungary’s (Magyar Nemzeti Bank, MNB) pilot retail Central Bank Digital Currency (CBDC) project. …

Perfinal has partnered with leading payment solution provider IDEMIA, a global leader in offline CBDC wallet solutions, to offer joint solutions for central banks to launch and distribute CBDCs. This partnership represents an exciting step forward in the development of CBDCs, aligning with the European Central Bank’s guidelines for greater…

Perfinal Core banking is excited to announce its complete transition towards digital currency management, with a focus on use cases for E-money, regulated crypto, and CBDCs. If mentioning E-money, CBDC and regulated crypto in the same conversation sounds provocative now, remember that, just a year or two ago, these different…

This is our summary round-up of this series of blog instalments and video clips tackling the most essential Core Banking FAQs. So, if you missed the earlier blogs/clips, and it’s too long for you to read or watch, or you want a quick refresh, here’s the Core Banking 101, TL;DR…

In the previous blog post, I looked at the more underlying, abstract (even philosophical!) design issues in core banking, explicitly: the role of analytics in banking process automation and real-time banking service provision; the issue of analytical deficit and how it impacts banks when they want to introduce new products…

So, as I (hopefully!) established in my previous clip, the current crop of so-called ‘next-generation’ core banking platforms aim to solve three fundamental legacy issues: Networking flexibility and Adaptiveness to new products. They do this by ditching the old mainframe and monolithic design in favour of cloud-native and micro-service architecture. …

In my previous blog posts, I introduced core banking, what it is, why it was invented, what problems it solved and what problems it didn’t solve. To summarise, original core banking mainframes provided a basic level of networking and automation, with some major caveats. The mainframes were on-premise and resistant…

In last week’s blog, I was keen to emphasise how revolutionary the first core banking systems were in enabling branch networking and automation, allowing customers access to their cash — and an increasing range of services — anytime and anywhere. But these core banking systems were designed and introduced in…