Solving tech problems

You can not outsmart the banks and insurance companies

Banking and Finance

In last 7 years inflation in Slovenia is bellow 3% (chart is from national statistical office) If you have life insurance at insurance company Generali then they will rise each year the amount you need to pay each month for at least 3%, no matter if costs of living per year raised only 0,2% (as it was in 2014). They have insured themselves as insurance company so their profit from this part will be 15 times more then it should be. Conclusion: better trust in your own abilities to turn…read more

Problem with SEPA payments and standard

Banking and Finance

SEPA means Single European Payments Area and includes countries in the European Union and some other countries where payments in EUR are enabled. Within the region, SEPA payments basically work as a domestic transactions, as they are carried out in the single currency (€). Talking from the view of programmers that will need to implement this standard… The idea of standardization was good and it should make life easier but in implementation they failed. While searching for XML standardization of SEPA payments I found too many different sources, and no…read more