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BFC FinTech Monitor 17th – 25th November

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 According to PricewaterhouseCoopers (PwC) estimates,financial institutions will be able to save up to USD 1.5 trillion by 2030 by simply introducing virtual and augmented reality technologies. Visa …

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BFC FinTech Monitor 10th – 16th November

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 According to the head of the European Central Bank, Christine Lagarde, the digital euro could be launched in the next 2-4 years. In order to do so, …

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BFC FinTech Monitor 30th October – 10th November

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 According to CB Insights analysts, the volume of investment financing for FinTech companies grew to USD 10.63 billion in the 3rd quarter of this year. This is …

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BFC FinTech Monitor 23th – 30th October

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 Alibaba Group founder Jack Ma has called for financial system reforms that include the use of digital currencies, touting the importance of digital currencies in generating greater value. …

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BFC FinTech Monitor 16th – 23th October

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 The Bahamas has become the first country in the world to implement a central bank digital currency at the state level. Their digital currency (the sand …

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BFC FinTech Monitor 9th – 19th October

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 G20 participants are working with specialists from international institutions to develop a roadmap for regulating national cryptocurrencies. Work toward this aim is scheduled to be completed by the …

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BFC FinTech Monitor 5th – 9th October

Around the World CB Insights has published its Third Annual Fintech 250 report, which lists the top 250 FinTech startups worldwide. In this year’s edition, the majority of FinTech startups listed (54%) were based in the United States, followed by the United Kingdom and India. There were also 2% fewer unicorns listed this year as compared …

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BFC FinTech Monitor 28th September – 5th October

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 Revenues in the payments industry are likely to grow more slowly due to the COVID-19 pandemic. They could reach as much as USD 1.8 trillion in 2024 …

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BFC FinTech Monitor 18th – 28th September

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: The European Commission (EC) is planning the launch of a regulatory sandbox for testing blockchain projects. The sandbox, expected to be ready by 2022, will be used to …

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BFC FinTech Monitor 11th – 18th September

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: SWIFT has presented a new strategy for the development of instant international payments that will enable instant and seamless transactions between more than 4 billion accounts served by …

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BFC FinTech Monitor 4th – 11th September

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 Experts from KPMG have named the 6 biggest trends in the FinTech industry for the second half of 2020 –  the accelerated growth of digitalization, the development of …

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BFC FinTech Monitor 27th August – 3rd September

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: Visa has launched a new artificial intelligence (AI) system that will allow financial institutions to approve or reject transactions when their own networks fail. PayPal has introduced its new Pay …

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BFC FinTech Monitor 18th – 25th August

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: Analytical company Gartner has published a list of the main technologies expected to become trends over the next 5-10 years, including human digitalization, algorithmic trust and silicon-free technologies. …

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BFC FinTech Monitor 11th – 18th August

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: According to Lael Brainard, a member of the United States Federal Reserve Board of Management, testing of the digital dollar is under way. An article on the future of FinTech …

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BFC FinTech Monitor 4th – 11th August

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: Mastercard, in cooperation with FinTech payment company Paynetics AD and Bulgarian mobile operator Vivacom, has issued the first digital-first card in Central and Eastern Europe. The card can …

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BFC FinTech Monitor 28th July – 3rd August

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: Management at PayPal is predicting that the use of cash as a major payment instrument is quickly coming to an end. As a result, the payment giant plans …

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Accelerating digital transformation in the ASEAN region

Experts are predicting that the COVID-19 pandemic and related measures will serve to accelerate digital transformation strategies at commercial financial institutions across the Association of Southeast Asian Nations (ASEAN) region. This is largely due to the fact that consumers tend to prefer convenience and perceived safety during times of crisis. …

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BFC FinTech Monitor 5th – 12th July

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: The world’s leading payment systems are launching new click-to-pay online payment technologies in a number of new markets, including Australia, Brazil, Canada, Hong Kong, Ireland, Kuwait, Malaysia, Mexico, …

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Digital transformation risks for Russian financial institutions

The COVID-19 pandemic has given Russian financial institutions the impetus to increase the implementation and use of innovative financial technologies, which will, in turn, serve to further accelerate the process of digital transformation in the financial sector in the country. At the same time, the benefits associated with digital transformation …

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