Home / Tag Archives: Digital Banking (page 3)

Tag Archives: Digital Banking

Top cybersecurity threats for the banking industry in 2020

Cybersecurity is one of the biggest concerns that financial institutions have today, especially with increased digitization exposing them to greater risks from hackers. Here are the top cybersecurity risks for financial institutions in 2020. Mobile and web banking – while apps and online banking make it easy for consumers to …

Read More »

Cybersecurity and banking: 3 trends to watch in 2020

The threat of financial losses, regulatory consequences and reputational damage has spurred financial institutions to innovate and accelerate in the field of cybersecurity. However, the intersection of cybersecurity and banking can feel like a major battle. As soon as one vulnerability is addressed, another is created. Combine this with the …

Read More »

How Gen Z will reshape digital banking

Generation Z (gen Z) presents a new breed of consumers for financial institutions. Technologically-savvy and highly-educated, they bring a new mindset and type of consumerism for financial institutions to grapple with. Here are 3 areas in digital banking that are likely to be reshaped by this new generation: Semi-autonomous digital …

Read More »

Moving past legacy systems

Competition in the banking industry is intensifying, with neo-banks winning more of the market share, FinTechs targeting ever more lucrative niches and BigTech players leveraging their large customer bases. These disruptors are able to grow their businesses (and attract customers) at a much better rate than traditional financial institutions thanks …

Read More »

Video: Top FinTech trends for 2020

The advancement of technology has been a consistent driver of business development, and 2020 will be no different. Here’s a quick look at the top FinTech trends for the coming year. Georgia’s securities system to be revamped An overview of biometrics in the former Soviet Union Libra: everything you need …

Read More »

How Alfa Bank is turning Big Data into big profits

Understanding the importance of Big Data and other digital technologies in the modern world, Alfa Bank has developed a strong digital strategy and become a leader in Big Data. To accomplish its digital- and data-related goals, Alfa Bank created its own data management and monetization center. The center, whose primary …

Read More »

Going digital increases financial service accessibility

One of the most pressing issues for financial institutions in Russia is how to make financial services available to those living in small towns and remote settlements. For much of history, financial institutions had to make efforts to develop physical infrastructure to reach these consumers; however, such investments were typically …

Read More »

Revolut launches stock trading platform

British FinTech firm Revolut is jumping into the online brokerage space with its own commission-free stock trading platform, which is being run in partnership with U.S. broker DriveWealth. The company launched the service, which lets users buy or sell popular stocks with the tap of a button, as a way …

Read More »

Online foreign currency deposit options in Uzbekistan

With Uzbekistan’s national currency depreciating for 15 consecutive weeks and the United States dollar setting new records almost every 2 weeks, here is an overview of the 7 financial institutions in Uzbekistan that offer online foreign currency deposits: Learnbank – the Comfort Deposit can be opened remotely and requires a …

Read More »

Tinkoff to launch capital management company

Tinkoff Bank Group plans on launching the Tinkoff Capital Management company in the 4th quarter of this year. The company will offer clients exchange funds for investments, with an entry threshold of just RUB 50. Funds will be tied to assets in both rubles and dollars, although the exact list …

Read More »

The difference between FinTech and TechFin

In 2019, FinTech is not a new concept, with most people having at least some understanding of it. But this is not the case for TechFin. What is it? And how is it different from FinTech?  At its most simple level, FinTech refers to financial companies looking at technology as …

Read More »

China’s TechFin giants

Chinese tech firms are moving into the banking sector in a much different way then their Western counterparts. Whereas Western BigTechs like Amazon and Google seem content in serving financial institutions with cloud features and advertising, Chinese ones like Tencent and Alibaba seem far more interested in competing with financial …

Read More »

Tinkoff-Yandex merger: benefits for both

A proposed merger between Yandex and Tinkoff is being heralded by many as a move that will greatly benefit both sides. For Tinkoff, they will gain access to an expanded customer base, and Yandex will benefit from the ability to integrate credit and financial services into its vast digital ecosystem.  …

Read More »

Commercial financial institutions embracing FinTech partnerships?

As commercial financial institutions strive to keep pace with consumer demands, many are looking to FinTech partners to help deliver improved service and value. In fact, a majority already use some kind of third-party FinTech solution, and many plan to (or are willing to) increase investments in such partnerships. This …

Read More »

Top B2B FinTech Companies

B2B FinTech companies don’t often get the recognition of their B2C cousins; however, they play a key role in the future of financial services and deserve some acknowledgment. That being said, our friends over at Tearsheet have created a list of the top B2B FinTech companies, broken down into 9 …

Read More »

UniCredit teams with FinDynamic to enhance invoicing service

Italian banking group UniCredit has teamed with Italian FinTech company FinDynamic to enhance its working capital offering for corporate clients. The partnership will allow bank clients to offer suppliers early payment of invoices in exchange for a discount that changes dynamically in relation to the number of days discounted from …

Read More »

5 ecosystem and B2B solutions for FinTech startups in Southeast Asia

The platform-based business model has taken hold in the digital economy, and the concept is quickly spreading to banking and financial services. This has resulted in companies springing up to offer extensive ecosystems and business-to-business (B2B) solutions. Here are five of the most popular in Southeast Asia: Ancileo – this …

Read More »
  • Categories

  • Main topics