News

Loxon at Fintech Forum Bucharest

May 25, 2017


This year for the first time we attended the Fintech Forum as sponsors. The event was organised by Finmedia on the 23rd May in Ramada North Hotel in Bucharest. During the half-day conference experts of the banking and fintech sector were talking about newest trends and the future of the field in two panel discussions. The fintech sector is currently the most dynamically developing industry and it is predicted that the investment value could increse from the current 26 billion to 46 billion dollars by 2020. Recently fintech companies are considered more to be partners by banks - a tendency also illustrated with several case studies of cooperations to present date during the Fintech Forum. These partnerships are aiming at creating user friendly solutions - complient with local and international regulations - that use the newest technology and multiple data sources in order to enhance the efficiency of risk management, simplify the lending processes and create cheaper loans. Ion Stan, the deputy head of operations at Alpha Bank, presented his case study about how the cooperation with a fintech company increased their client base and lowered their expenditure. He also covered security issues and the challanges of operating according to PSD2 regulations. Tamás Erni, managing partner of Loxon Solutions, demonstrated several cases of how the company managed to significantly minimise risks through applying new technologies. Using big data in lending and credit risk management, beside lowering costs and increasing efficiency, for banks can also mean a significant advantage in the lending market.

Loxon supports DebTech meetup

May 17, 2017


Loxon places special emphasis on participating in and supporting the professional community of Debrecen as part of our innovation team is based in this ever-developing regional centre. Part of our activity is to monthly attend DebTech meetup, a forum for the local business managment and development community that focuses on the most currant and exciting issues in the world of tech and startups. If you wish to keep yourself up-to-date about the newest innovation projects of Debrecen and find out details on exciting findings in the field of technology, by all means, save the date of the next Debtech Meetup!

Second Java Idea Lab at Loxon

May 10, 2017


 

At our second Java Idea Lab the focus of the eve was on code quality. The participants of the event could get more familiar with Java conventions, then through a practical example could take a peek into the functioning of Sonar.
We kindly invite everyone to come to the next Idea Lab – the topic of which is yet a surprise.

Tamás Erni interviewed at #theCUBE

May 9, 2017


Tamás Erni, the managing director of Loxon Solutions, this year has made his first attendance at #theCUBE hosted by Peter Burris. #theCUBE is is the leading live interview show covering enterprise technology and innovation and in the last 7 years it has featured more than 4500 company leaders, regional experts and analysts on the show. In the interview they discussed the possible applications and relevance of big data in lending and risk management solutions. Tamás Erni emphasised that using big data in these services is not to be understood simply as new technology, but as an essencial and transformative business enabler. The past few years’ tendency of increase in lending can be halted by limited data sources available for the banks –  hence arose the need of expanding the scope of sourcing information about potential clients. Loxon has 17 years of experience in the area of lending and risk management systems and has former banking executives on its team. Our big data based risk managament softwares fitted to the individual needs of our clients provide exclusive advantages in the lending market.

Presenting the Loxon story to university students

May 8, 2017


How can an idea dreamt by university students sprout into a company now present in 25 countries developing state of the art banking software? What crucial strategic choices have to be made to stabilise a company’s position in the world market? The participants of the EVK Conference received suggestions on these topics and could get to know the complete Loxon-story firsthand from Kristóf Farkas, the co-founder of Loxon Solutions.
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