Ukraine

Each end of the year, there are a myriad of lists outlining the hottest trends for the coming year. This is one of those. Let’s take a look at the …

Digital banking was on pace to develop slowly, mired in the shadow of classical banking. This was especially the case in many emerging markets. However, the COVID-19 pandemic has complicated …

The National Bank of Ukraine (NBU) began working on the development of a digital version of its currency 4 years ago and began piloting it 2 years ago. This is …

Victoria Omelchenko, CEO of the Ukrainian IT company Banza, recently presented her Client Ecosystems: The Art of Integration report at the Financial and Digital Ecosystems for SMEs: Update 2020 forum. …

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 …

According to recent data released by the National Bank of Ukraine, the country is moving progressively toward cashless, as is evidenced by the following: During the first 6 months of …

There has been a large focus on how financial institutions are responding to the COVID-19 pandemic; however, much of that focus has been of the financial services they are offering …

The National Bank of Ukraine is updating its development strategy for the financial sector, taking into account the COVID-19 pandemic. Specifically, they plan to: Consider the possibility of transferring the …

The COVID-19 crisis is changing how people go about living their lives and could be a catalyst for permanent change in Ukraine. With increased restrictions on movements and gatherings as …

The COVID-19 crisis is impacting the way Ukrainians work, live and conduct business. For FinTechs, this represents a tremendous opportunity as Ukrainians with low levels of financial literacy and a …

Earlier this year, Kiev played host to the 4th Visa Cashless Forum. In total, more than 300 participants gathered to discuss this year’s topic: “Driving the Future”. During the event, …

FinTech is a booming industry in Ukraine, with more than 100 such companies operating in the country today (58% of which were founded in the last 3 years). Because of …

PrivatBank is the largest bank in Ukraine. It serves more than 19 million customers. Here’s everything you need to know how the bank processes customer data.   Data sources The …

PrivatBank has launched a new open API platform to allow FinTech companies to create effective, innovative solutions that work with bank data and provide consumers with new digital services. The …

With the implementation of the Second Payment Services Directive (PSD2) in the European Union (EU) and Ukraine’s relationship with the EU, it is natural to wonder about the implications of …

Worldwide trends in the financial sector are creating new conditions that Ukraine should follow, especially if it wishes to create a more transparent and open payment market that is attractive …

Mobile operator lifecell has begun building the first segment of its internet of things (IoT) project in Ukraine, making use of LoRaWAN technology to do it. LoRaWAN is a data …

PrivatBank has launched a new system that allows users to securely change their PIN codes online, a measure that will help protect customers from card-related fraud. The system will also …

The era of open banking has come, and it is already starting to change the rules of the game for financial institutions around the world. As this trend continues, it …

SME Banking Club will host an international conference September 20-21, 2018 in Kiev. At the conference, representatives from 26 financial institutions and 12 international speakers will come together to discuss …