Business Studies, asked by bangtanmighty, 11 months ago

Please Tell me some examples based on "BANKING"​

Answers

Answered by kalyan84
0

Answer:

what type of example i should give you.i can't understand

Answered by harishsharma3
2

Answer:

hii mate

Explanation:

Paypal / Siri integration: Today, Paypal announced its users can now send and request money via a voice command with Siri. Simply say, “Hey Siri, send Bill $50 using PayPal.” Paypal processed $41 billion in peer-to-peer transactions across PayPal, Venmo and Xoom last year and is expecting 17 million P2P transactions in the month of December alone. Giving customers an easier way to send money to each other is a no-brainer.

Telefónica Deutschland’s O2 Banking: This summer, mobile telecommunication company, Telefonica Deutschland launched a mobile only bank account, built on German Bank Fidor’s platform. O2 Banking offers transactions via mobile phone number, small instant loans, and better mobile data plans. This is a good example how a third party can create a new banking experience on top of a platform created by an established bank.

Robinhood’s connection to a user’s bank account: Users who invest through investment app Robinhood first need to connect their bank accounts. Using Plaid’s banking APIs, Robinhood makes the onboarding process pretty easy and smooth. Plaid’s APIs help connect a variety of other applications, including TransferWise, Acorns, and Stripe.

Wave integrates customer financial info: Invoice and accounting software Wave uses banking APIs to connect to a user’s bank account, empowering its clients with full control of their business finances in one place. Not just an invoicing service with limited visibility to its business clients’ true financial health, the company leverages as much data from other sources as it can. The company also connects with online lender OnDeck to offer loans through its platform.

Facebook Messenger payments: Users of Facebook Messenger can transfer money to their friends without leaving the service. The company is working with major players in the industry including Stripe, PayPal, Braintree, Visa, MasterCard and American Express. Facebook is building Messenger as a bot platform that will allow users to access many third party applications.

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