Tag Archives: Payments

China has embraced FinTech solutions as ways to make their lives easier, with one-stop shop apps allowing nearly half a billion people to access a dizzying array of financial services. …

A lot happened in 2018 – everything from Facebook’s Cambridge Analytica scandal and the net neutrality debate to cryptocurrency’s volatility and Brexit negotiations. Many of these events will impact FinTech …

Biometric bank cards are quickly emerging as a possible new reality that could make their way to markets soon. The cards, which look and act much like traditional bank cards, …

In May last year, the first fully-digital bank (called Space) opened in Georgia. The bank operates as a daily finance management application and has no branches or other physical spaces. …

Non-cash transactions continue to increase in the Akmola region of Kazakhstan, especially in terms of monetary value. From November 2017 through November 2018, the total volume of non-cash payments in …

In 2018, Kazakhstani financial institutions began working more closely with FinTech companies and purchasing a large number of FinTech products, giving more and more consumers in the country access to …

The government of Tajikistan has decreed that all ministries, departments, state-owned enterprises and institutions that provide payment services must acquire equipment for accepting non-cash payments by April 1, 2019. The …

Armenia has become only the second country in the world (after Singapore) to launch the Payment Express system. The system, also known as PayX, is a single payment system that …

Global investments in FinTech have more than tripled since 2014, amounting to over USD 12 billion. Given this incredible growth, here’s a look at 10 key FinTech trends to keep …

In 2018, a 15% drop in the use of physical money (i.e. paper notes and coins) helped cashless payment methods end the dominance of cash transactions and become the most …

The 2018 AntiFraud Russia International Forum will take place in December 2018 as part of AIS Safety Week. The purpose of the Forum is to: host a comprehensive discussion of …

The pace of change is a constant challenge for the financial industry, with consumers constantly on the lookout for new, exciting and attractive offers. DT Fraud Conference 2019 will examine …

PayPal has announced the purchase of the startup company Simility, which makes use of machine learning to combat financial fraud. Simility works by using advanced personal identification technologies to identify …

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 …

Phishing is a massive global issue that more than 12 million internet users fall victim to each year. Typically, cybercriminals trick users into visiting a fraudulent website where they then …

In 2017, cyber-attacks caused at least USD 1 million in damage to Kazakhstanis. The exact extent of damages is unknown due to the lack of open data; however, some estimates …

Sberbank has determined that countries in the Asia-Pacific region and the Americas are the most common locations where Russian consumers are falling prey to fraudsters using tactics to get their …

Cyber threats to the financial industry are constantly evolving, with malicious actors become more and more sophisticated in planning and executing their attacks. Find out why we must all be …

Futurists like to talk about how the future will be cashless and how FinTech is ushering in this new age of digital currencies, contactless payments, prepaid debit cards and mobile …

Denmark is planning to use a cryptocurrency to provide humanitarian assistance, the first such instance of a donor state using blockchain technology for humanitarian efforts. To this end, a report …