This video shares some insights on the impact alternative lenders will have on lending in the next five years. Big Data training in Kyrgyzstan Digitalization levels in Kazakhstani financial institutions …
Read More »Infographic: alternative lending timeline
As alternative lending matures into what many are calling “alternative lending 2.0″, it is worth taking a look back at the sector’s evolution since 2005 — from Zopa pioneering peer-to-peer …
Read More »Infographic: alternative lending options for small businesses
In today’s financial climate, many banks have stopped lending to new businesses or businesses that do not have sufficient credit. This seemingly leaves many businesses with few options; in reality …
Read More »Armenia’s Evocabank launches SingleTouch online loans
Evocabank has launched a new online lending service through its mobile application. SingleTouch loans, available to customers 24 hours a day/7 days a week, are given in local currency at …
Read More »National Bank of Kazakhstan preparing reforms that will affect online microlenders
The National Bank of Kazakhstan is preparing the largest reform in ten years, which will greatly impact online lenders. Currently, the online microloan market in Kazakhstan is almost not regulated …
Read More »Encouraging Georgian SMEs via access to transparent online loans
Georgian Finance Minister Mamuka Bakhtadze has announced changes designed to encourage small- and medium-sized enterprises (SMEs) in the country. As part of this effort, the Finance Minister specifically noted that …
Read More »2.1 billion customers to use mobile wallets in 2019
A new Juniper Research study has found that nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up by nearly …
Read More »Google Assistant now supports voice payments
Google has announced that Android and iPhone users can initiate P2P transactions through voice commands in Google Assistant. Users can both send money and request a transfer of funds via …
Read More »Payments: from cashless to cardless
The days of plastic payment cards are numbered, and mobile wallets are starting their taking over. The recent global rise in contactless payments, as well as biometrics, demonstrates that consumers …
Read More »Top 10 trends impacting the future of payments
The way people make payments is changing faster than any area of financial services, and understanding trends in payments is important for any financial institution wanting to serve the complete …
Read More »Startups are disrupting the payments industry
Payment startups have seen considerable momentum in recent years and are on track for USD 3.8 billion in funding this year. From point-of-sale solutions to money transfers and mobile payments, …
Read More »Tajikistani National Bank issues licenses to payment system operators
The National Bank of Tajikistan has issued three-year licenses to several international (Visa International, MasterCard, UnionPay and Western Union) and one national (Corti Milli) payment system operators. A license gives …
Read More »Uzbekistan to benefit from Payme’s launch of transfers from international cards to Uzcard
Payme has announced that Visa, MasterCard and Mir card holders can now transfer funds to Uzcard, with funds being automatically converted into the local currency. To receive a transfer, the …
Read More »Uniteller and Optima Bank launch online payment service
Uniteller and Optima Bank have joined forces to launch a new online payment service, meaning that a number of additional services may now be paid online using Visa bankcards. This …
Read More »Chocofamily launches a completely new product
Chocofamily has launched a new mobile application called Rahmet. The application allows users to pay bills from their phone and receive up to 20% in cashback and other discounts. The …
Read More »Japanese banks rushing to develop cashless options
A new law has been introduced in Japan to reduce the high usage of cash in the country. The law, which is being gradually phased in over the next two …
Read More »Video: how electronic payments work
Electronic payments for goods and services are commonplace in the modern world. But have you ever wondered what happens behind the scenes? Explore how all the different parties involved are …
Read More »Amazon plans to launch its own banking service
Amazon, the world’s largest online retailer, has created special accounts as part of a new banking service. This new service, however, does not imply that Amazon intends to launch its …
Read More »VTB Bank (Armenia) launches new, modern ATM services
VTB Bank (Armenia) is now offering its customers new and technological services at ATMs. Customers of the bank can now use ATMs to withdraw money, make payments, execute money transfers …
Read More »Pasha Bank recognized as leading bank in non-cash payments
Pasha Bank has been recognized as the leading bank in the field of non-cash payments in Azerbaijan. Currently, 90% of payment transactions and currency exchange operations conducted by legal entity …
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