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Big Data pushing online credit scoring in Russia

We live in a world where data is abundantly available and has become king. With concerns rising over use of personal data, governments were quick to pass laws (e.g. the General Data Protection Regulation (GDPR) and Russia’s Regulation No. 152-FZ) aimed at ensuring consumers that they (and their personal data) …

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Ukrainian startup unveils predictive smart platform

The Kiev-based startup company IntelSoft has created a smart platform that is capable of detecting bank fraud and disgruntled consumers at a rate that exceeds 90%. The platform uses mathematical models to build its own predictive analytics models, meaning that companies using the platform no longer need to keep highly-qualified …

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A future without cash in Belarus

The share of non-cash payments in Belarus has been constantly increasing, reaching 90.5% in the first quarter of this year (as compared to 49.7% in 2010). Moreover, Belarus now ranks 3rd in the region (behind only Georgia and Russia) in terms of number of contactless transactions. This trend has, obviously, …

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Video: the impact of mobile payments in emerging markets

Dr. Nick Hughes OBE, executive fellow at the Wheeler Institute, joins Rajesh Chandy to discuss the impact of digital payment solutions in emerging markets in this illuminating video, which is part of the Wheeler Institute’s COVID-19 video series. NetGuardians brings its cybersecurity to Zimbabwe Video: insights into human capital trends …

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BFC FinTech Monitor 19th – 26th

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor.  Around the World: Analysts with CB Insights have teamed up with Fast Company to compile a list of 50 companies poised to become the next “unicorns” and receive an estimated total …

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7 things COVID-19 changed in Kazakhstan’s banking sector

COVID-19 has impacted the way Kazakhstanis are living their lives, and many believe that the new normal will look very different from the old one. Within the banking sector, COVID-19 has pushed 7 key changes: Push toward online – COVID-19 has forced a quick transition to online financial services as …

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Video: how banking will change after COVID-19

Emmanuel Daniel, founder of The Asian Banker, discusses how commercial financial institutions around the world, by and large, failed consumers during the COVID-19 pandemic as well as the emerging new standards upon which commercial financial institutions are likely to be assessed in a post-COVID-19 world. Video: B2B versus B2C Video: …

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Webinar: how COVID-19 is shaping the future of retail banking

Panel experts Mary Mack (Senior Executive Vice President and CEO of Consumer and Small Business Banking at Wells Fargo), Daniel Sheehan (Chairman and CEO of Professional Holding Corp and Professional Bank) and Chris Zingo (Executive Vice President and General Manager of the Americas at Finastra) join moderator Michael Piwowar (Executive …

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BFC FinTech Monitor 3rd – 10th April

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor.  Around the World: MobilePaymentsToday.com has released materials outlining how the COVID-19 pandemic has affected the mobile payments industry. British startup Curve has announced the release of multicards that do not use numbers. Instead, …

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FinTech in a post COVID-19 world

Finch Capital has released FinTech: The Future Post CV-19, a detailed analytical report that outlines the challenges and opportunities for FinTechs during and, more importantly, after the COVID-19 crisis. The key findings of the report include: Most of the world will likely be going through the crisis until the 3rd …

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Video: the effects of COVID-19 on China’s FinTech ecosystem

Stephen Hopkins, an expert on the Chinese FinTech space, outlines how the COVID-19 crisis has impacted China’s FinTech ecosystem and how some government policies could help mitigate some of the negative effects of the outbreak. The COVID-19 crisis as a catalyst for cashless payments in Ukraine Infographic: how bigtechs make …

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Video: how the FinTech industry is being affected by COVID-19

Dushyant Shahrawat, strategic insights advisor on FinTech investment banking at Rosenblatt Securities, discusses how the COVID-19 crisis is affecting the FinTech industry as a whole. Video: the impact of new technologies in life sciences and healthcare Infographic: the rise of WealthTech Infographic: 15 recruiting trends for 2019

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Video: COVID-19’s impact on FinTech startup investments

Chris Sugden, managing partner at Edison Partners, discusses the impact of the COVID-19 crisis on investments in FinTech startups. Video: a conversation with Philip Augar on the future of banking systems Startups are disrupting the payments industry Video: are some bigtechs unstoppable?

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