42flows.tech

20/11/2024

Years ago, we developed our own CRM—a platform we don’t publicly market, and it has become a go-to for those who understand the unique challenges it can solve.

Back in the pre-AI days, whenever a client came to us seeking extensive customization, the process was painstakingly slow. All we could do was create mockups and define requirements. And as often happens, once the client saw a working version, they instantly wanted changes.

But what’s changed with AI? Just look at this prototype! Our co-founder, Dmytro, developed this custom CRM interface in just 40 minutes with AI’s help. Huge thanks to him for making it possible! 40 minutes—it’s almost unbelievable, but it’s real. We’re making a video to show how it’s done.

20/05/2024

Neobanks: Optimize KYC
🔹 42flows.tech ' low-code integration simplifies KYC implementation, accelerating your launch.
🔹Regula's industry-leading ID verification ensures compliance while minimizing friction for your customers.

🔺 Benefits:
🔹Faster onboarding: attract customers quickly with a smooth KYC experience.
🔹Enhanced security: reduce risk and ensure regulatory compliance.
🔹Improved efficiency: Automate data collection and verification for accuracy.

Details here:
🔗 https://www.42flows.tech/blog/accelerated-integration-of-know-your-customer-kyc-technology-for-neobanks-effective-start/

12/04/2024

On 28 June 2023, the European Commission published plans for its third payment services directive ( ), the successor to 2018’s .. This revised Payment Services Directive aims to be broader than its predecessor, reflecting the rapid changes in electronic payments and the emergence of new players offering open banking services.

https://www.42flows.tech/blog/psd3-the-next-step-in-european-payments-regulation/

28/03/2024

Instead of building a giant all at once, the approach breaks it down into bite-sized pieces. Each part, like a mini-app, runs on its own and talks to others using a simple language, kind of like a web . These mini-apps focus on specific functionalities and can be deployed independently, often by machines. They mostly manage themselves and can be built with different programming languages and data storage depending on the need.

Let's see how this can be implemented when building a

Discover how microservices are transforming banking integrations with improved architecture, reliability, and innovation speed. Explore the benefits of monomodularization, security enhancements with Saga orchestration, scalability strategies, efficient communication methods, and insightful monitorin...

12/03/2024

What do we know about the variety of microservices?

In the context of microservice architecture, microservices can be categorized according to various criteria depending on their functions, how they interact with other services, technology stack, and business requirements.

Here are some of the main types of microservices: https://www.42flows.tech/blog/types-of-microservices-in-microservice-architecture/

28/02/2024

It’s no secret that proper documentation helps ensure effective teamwork, improves communication, and promotes product understanding both within the development team and among end users.

But often, in the rush of development, it falls by the wayside.

Should we underestimate the work with documentation?
https://www.42flows.tech/blog/streamlining-documentation-one-of-the-keys-to-project-success/

19/02/2024

🤔 What other questions would you add?

13/02/2024

The "Global Payments and Fintech Trends Report 2024" by Papers highlights include:
🔹 Growth in Embedded Finance, signaling more inclusive and accessible financial services
🔹 Transformation in international payments towards real-time, interoperable, and cost-effective solutions.
🔹 Emergence of Central Bank Digital Currencies (CBDCs) as key in enhancing security and transparency in global transactions.
🔹 Challenges and opportunities in A2A payments, notably their potential to directly compete with payment cards in e-commerce, especially in Europe.
🔹 Expansion of public digital infrastructure, as seen in initiatives like India Stack gaining global traction.
🔹 Banks' investment in open ecosystems, including Open Banking, BaaS, and Embedded Finance.
🔹 Continued emphasis on regulatory compliance and security, utilizing AI for monitoring sanctions and transactions.
🔹 Cryptocurrency's resurgence, with expectations of growth post-"crypto winter."
🔹 Generative AI technology promising new opportunities in financial services, albeit with associated risks.
🔹 Digitalization and sustainability as focal points for the European Commission in 2024.

These trends indicate significant shifts in the financial sector, including enhanced inclusivity, innovations in international payments, integration of digital currencies, and advanced technology application for security and efficiency in financial operations.
🔗 https://www.42flows.tech/blog/global-payments-and-fintech-trends-report-2024/

15/01/2024

Streamlining Customs in Europe: A Closer Look at Ukraine's NCTS Impact Exciting times in the world of European trade and customs! I recently delved into the transformative role of Ukraine in adopting the New Computerized Transit System (NCTS) Phase 5 and its significant impact on European customs processes.

🚀 Key Highlights:
The NCTS revolutionizes the way goods are shipped across Europe, providing a seamless and efficient customs clearance process.
Ukraine's implementation of NCTS Phase 5 is a major milestone, not only for the country but also for the European customs landscape.

🔍 Ukraine's NCTS Journey:
Over 28,000 movements initiated as a country of departure.
More than 34,000 customs declarations processed, involving over 200 million EUR in guarantees.
Commitment to further enhancements with NCTS Phase 6 on the horizon.

🌐 Why It Matters?
This development is crucial for Ukraine's integration into the EU customs system, showcasing significant advancements in trade efficiency and border management.
It represents a leap in digital transformation, setting a benchmark for modernizing customs processes in Europe.

🔗 https://www.42flows.tech/blog/streamlining-customs-boundaries-in-europe-the-impact-of-ncts/

25/12/2023

❄ Thank you all for this year! ❄
Merry celebration!

18/12/2023

In 2022, Ukrainian culture faced significant adversity with the destruction of cultural monuments, artist emigration, and a declining advertising market.

Despite these challenges, there was a resilient push towards digitizing cultural heritage, involving complex processes to convert vast quantities of documents and artifacts into digital formats.

A digital solution for cataloging and managing museum items has been developed, offering real-time updates and advanced tracking features.
This initiative sets a precedent for cultural heritage management in Europe and exemplifies the importance of digital transformation in preserving cultural legacies.

🔹 Case: https://www.42flows.tech/blog/digital-innovation-in-museum-item-management-elevating-cultural-heritage-protection/

🔸 How do you handle digitalization?

17/11/2023

🔥 Thank you all and everyone for the meetings and new opportunities!

📲️ Українські компанії презентували кращі tech-рішення на Smart Country Convention 2023 у Німеччині

🇺🇦 Україна вперше стала партнером міжнародної tech-виставки Smart Country Convention 2023 в Німеччині та отримала шалений інтерес учасників.

SCCON 2023 - провідна подія GovTech-індустрії, яка об’єднала 12 000 учасників та понад 400 спікерів для обміну досвідом та новітніми технологіями з діджиталізації адміністративних послуг, GovTech та Smart City.

💬️ “Подія в Німеччині показала високу зацікавленість ринку ЄС до України - наших розробок та компаній. До українського національного стенда була прикута особлива увага бізнесу, державних діячів, дипломатів та цілих делегацій з Німеччини, Швейцарії, Естонії, Португалії та інших країн. Компанії вже везуть з Берліну нові партнерства, проєкти та пропозиції співпраці”, - зазначила Марія Шевчук, в.о. виконавчої директорки ITU.

В рамках Національного стенда України, сім компаній презентували свої інноваційні сервіси та найкращі ІТ-продукти, серед них: Digicode, ELEKS, Sigma Software Group, Triare, та Альянс компаній GovTech IT Cluster of Ukraine (42flows.tech, Kitsoft та Prozori Solution).

💻️ Делегація з України знайомила із кращими досягнення української IT-індустрії, можливостями українського GovTech та Smart City, та дивувала високим рівнем цифровізації національних сервісів, що роблять Україну лідером з цифровізації у світі.

🇩🇪 Німеччина – один із найважливіших торговельних й інвестиційних партнерів України. Німеччина входить у ТОП-10 покупців українських ІТ-послуг. Тісне співробітництво України та Німеччини у сфері IT та новітніх технологій сприяє взаємному розвитку та, зміцнює позицій обох країн на світовому ринку інновацій та ІТ-рішень.

Національний стенд України на Smart Country Convention 2023 організували Міністерство цифрової трансформації України разом з Офіс з розвитку підприємництва та експорту, Дія.Бізнес за підтримки Посольства України в Німеччині та Асоціації IT Ukraine.