Innovating Works

EVERIFIN

Financiado
EU wide internet banking application for managing more accounts from multiple ba...
EU wide internet banking application for managing more accounts from multiple banks in one place Everifin is an EU-wide internet banking application offering non-discriminative way to use banking services from multiple banks at the same time independent from citizenship in the EU member state. This is possible thanks to the n... Everifin is an EU-wide internet banking application offering non-discriminative way to use banking services from multiple banks at the same time independent from citizenship in the EU member state. This is possible thanks to the new European regulation called PSD2. The regulation comes into full force in September 2019 and obliges all banks in the EU, Liechtenstein, Norway and Iceland to give licensed 3rd parties access to client data if the client asks for it. The licenses are issued by a local regulator and can be transferred to any member state. The challenge is that the customer data which banks provide, are all in different formats. Therefore, we have built a unique solution which brings all data into one standard. We can link all banks in the EU to Everifin and unify fragmented European market faster than anyone ever before. On top of the basic multi-banking functionality, we plan to deliver new disruptive financial services: eBills, instant payments and credit checks and, to name a few. We have already conducted a market research with real users and measured the size of the market opportunity of multi-banking and eBills. It is clear that these services are highly demanded and people are ready to pay for them. Our corporate partners are excited about the fully electronic invoicing solution - the eBills. They can significantly reduce the costs of printing and delivering invoices, while achieving 50% reduction of overdue payments. This means they spend less on sending reminders and because their customers receive eBills directly in the internet banking, the number of typing mistakes drops dramatically as well. In November 2019, Everifin received an investment from a Business Angel and took leaps forward in building the final product, ready to be launched at the end of 2019. Additional funding from SME instrument Phase 1 will help us to prepare the feasibility study and expand our business plan for the next features: instant payments and credit checks. ver más
31/10/2019
UEC
71K€
Duración del proyecto: 6 meses Fecha Inicio: 2019-04-15
Fecha Fin: 2019-10-31

Línea de financiación: concedida

El organismo H2020 notifico la concesión del proyecto el día 2019-10-31
Línea de financiación objetivo El proyecto se financió a través de la siguiente ayuda:
Presupuesto El presupuesto total del proyecto asciende a 71K€
Líder del proyecto
USABILITY ENGINEERING CENTER S.R.O No se ha especificado una descripción o un objeto social para esta compañía.
Perfil tecnológico TRL 4-5