Mark Berkovich explains how blockchain and crypto are reshaping the future of neobanks.
He sees compliance not as a barrier, but “as a foundation for building trust.”
Neobanks
are rapidly transforming the global financial landscape, challenging
traditional banking institutions with their digital-first models. As more
consumers seek faster, more accessible financial services, the rise of “new
banking” is reshaping the way we manage money.
Finance
Magnates spoke with
Mark Berkovich, CEO of Keabank, who shared insights on the future of neobanking
and how companies are navigating the evolving regulatory landscape to democratize
finance.
Keabank CEO Outlines
Vision for the Future of Neobanking
Keabank, a financial
technology company, is aiming to change the neobanking landscape with its
unique blend of blockchain technology, cryptocurrency integration, and global
payment services.
"Our
mission is to democratize access to a broad range of financial services
tailored to the specific needs of various markets," Berkovich said in a
conversation with Finance Magnates. The platform’s focus on
blockchain-based banking sets it apart from traditional institutions and other neobanks.
Berkovich believes this approach will help bridge the gap between fiat
currencies and digital assets.
When asked
about the key differentiators between Keabank and its competitors, Berkovich
emphasized the company’s holistic approach. "While other neobanks offer
niche services, Keabank integrates crypto and fiat solutions in a single
platform, localized to meet regulatory and market needs in different
countries," he explained.
Berkovich
also highlighted the advantages that neobanks have over traditional banks.
"We offer a leaner, more cost-efficient operational model, which allows us
to pass on savings to customers through lower fees and more personalized
services," Keabank CEO commented.
Additionally,
the digital-first nature of neobanks makes them quicker to adopt emerging
technologies such as blockchain and AI, enabling them to better serve modern
consumers.
Compliance as a
Competitive Advantage
Berkovich
acknowledged that regulatory challenges remain a significant hurdle for
neobanks, but noted that Keabank views compliance as a strategic advantage.
"We
work closely with regulators in each market to ensure that we exceed local
compliance requirements," he said. By embedding a compliance framework
into its operations, neobanks are able to innovate without sacrificing security
or regulatory standards. Blockchain technology plays a crucial role in this, as
it enhances transparency and makes it easier for the company to meet regulatory
demands.
"Our
seamless cross-border transaction capabilities, coupled with the ability to
switch easily between fiat and crypto, position us for success in a world where
digital and traditional currencies increasingly coexist," Berkovich said.
Neobanks
offer several advantages over traditional banks, including:
Quicker
adoption of new technologies like blockchain and AI
More
inclusive banking services for underserved populations
Berkovitch
sees competition with traditional banks and other neobanks as "a driving
force for innovation". He notes that while traditional banks often
struggle with legacy systems and regulatory constraints, Keabank focuses on
differentiation through its integrated approach to crypto and fiat services.
Future Plans
As Keabank
continues to grow, Berkovich is focused on expanding the company’s product
offerings. "We are enhancing our blockchain-based services and developing
new crypto-fiat products to meet the needs of both corporate and individual
clients," he said. The company’s plans include advanced payment solutions
aimed at improving the efficiency and transparency of cross-border
transactions.
Despite the
rapid pace of technological change, Berkovich believes that Keabank is
well-positioned to balance innovation with security. "Building a strong
compliance framework has been essential in allowing us to innovate confidently
while ensuring that we meet regulatory requirements," he added.
As the neobanking
sector continues to evolve, Keabank's approach of integrating fiat and
crypto services is positioning it as an interesring player in the industry. The
company's focus on compliance, innovation, and customer-centric solutions
reflects broader trends in the neobanking space.
Neobanks
are rapidly transforming the global financial landscape, challenging
traditional banking institutions with their digital-first models. As more
consumers seek faster, more accessible financial services, the rise of “new
banking” is reshaping the way we manage money.
Finance
Magnates spoke with
Mark Berkovich, CEO of Keabank, who shared insights on the future of neobanking
and how companies are navigating the evolving regulatory landscape to democratize
finance.
Keabank CEO Outlines
Vision for the Future of Neobanking
Keabank, a financial
technology company, is aiming to change the neobanking landscape with its
unique blend of blockchain technology, cryptocurrency integration, and global
payment services.
"Our
mission is to democratize access to a broad range of financial services
tailored to the specific needs of various markets," Berkovich said in a
conversation with Finance Magnates. The platform’s focus on
blockchain-based banking sets it apart from traditional institutions and other neobanks.
Berkovich believes this approach will help bridge the gap between fiat
currencies and digital assets.
When asked
about the key differentiators between Keabank and its competitors, Berkovich
emphasized the company’s holistic approach. "While other neobanks offer
niche services, Keabank integrates crypto and fiat solutions in a single
platform, localized to meet regulatory and market needs in different
countries," he explained.
Berkovich
also highlighted the advantages that neobanks have over traditional banks.
"We offer a leaner, more cost-efficient operational model, which allows us
to pass on savings to customers through lower fees and more personalized
services," Keabank CEO commented.
Additionally,
the digital-first nature of neobanks makes them quicker to adopt emerging
technologies such as blockchain and AI, enabling them to better serve modern
consumers.
Compliance as a
Competitive Advantage
Berkovich
acknowledged that regulatory challenges remain a significant hurdle for
neobanks, but noted that Keabank views compliance as a strategic advantage.
"We
work closely with regulators in each market to ensure that we exceed local
compliance requirements," he said. By embedding a compliance framework
into its operations, neobanks are able to innovate without sacrificing security
or regulatory standards. Blockchain technology plays a crucial role in this, as
it enhances transparency and makes it easier for the company to meet regulatory
demands.
"Our
seamless cross-border transaction capabilities, coupled with the ability to
switch easily between fiat and crypto, position us for success in a world where
digital and traditional currencies increasingly coexist," Berkovich said.
Neobanks
offer several advantages over traditional banks, including:
Quicker
adoption of new technologies like blockchain and AI
More
inclusive banking services for underserved populations
Berkovitch
sees competition with traditional banks and other neobanks as "a driving
force for innovation". He notes that while traditional banks often
struggle with legacy systems and regulatory constraints, Keabank focuses on
differentiation through its integrated approach to crypto and fiat services.
Future Plans
As Keabank
continues to grow, Berkovich is focused on expanding the company’s product
offerings. "We are enhancing our blockchain-based services and developing
new crypto-fiat products to meet the needs of both corporate and individual
clients," he said. The company’s plans include advanced payment solutions
aimed at improving the efficiency and transparency of cross-border
transactions.
Despite the
rapid pace of technological change, Berkovich believes that Keabank is
well-positioned to balance innovation with security. "Building a strong
compliance framework has been essential in allowing us to innovate confidently
while ensuring that we meet regulatory requirements," he added.
As the neobanking
sector continues to evolve, Keabank's approach of integrating fiat and
crypto services is positioning it as an interesring player in the industry. The
company's focus on compliance, innovation, and customer-centric solutions
reflects broader trends in the neobanking space.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
🌟 Explore cutting-edge solutions and connect with fintech leaders at FMLS:24!
🌟 Explore cutting-edge solutions and connect with fintech leaders at FMLS:24!
🤝 Meet industry leaders at the premier event for brokers – FMLS:24. Secure your spot today!
🤝 Meet industry leaders at the premier event for brokers – FMLS:24. Secure your spot today!