There are three main banking services people routinely use: payments for products/services (i.e. transfers from one account to another), lending (i.e. borrowing funds from a bank for a specific purpose …

Today, customer experience is measured by how much friction is removed, with the new standard being asking Alexa to order an Uber (which arrives in near real-time). For financial institutions …

Data provides a solid foundation for sound decision-making; however, the availability of data is increasingly at an exponential rate, and it is becoming harder and harder for the average person …

While many celebrate the emergence of the sharing economy, James Pennington, consultant on economic issues to the British Foreign Office, warns that the sharing economy, although beneficial, is not good …

Uber revolutionized the car transportation business when it created a market capitalization of billions of dollars without owning cars or carrying any stock. Similarly, the open API economy has acted …

The United Kingdom (UK)’s Financial Conduct Authority (FCA) has unveiled some new proposed measures following a post-implementation review of its crowdfunding rules. The FCA says it has observed “some poor …

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 …

As Russian financial institutions increasingly offer consumers more and more mobile services, the process of obtaining a mortgage will also become faster and less stressful. In fact some, including Deputy …

We live in a world where startups are emerging everywhere thanks to the idea of aggregated information. For example, to buy a car, you no longer have to go from …

The Bank of England is conducting a full review of its interbank payment system, including studying the possibility of transitioning to an updated version of the real-time gross settlement service …

What Uber has done for the transportation sector, FinTech companies are now starting to do for the financial sector in India. The increasing digitization of data in the country has …

The application ‘Uber’ has revolutionized not only the transportation industry but also how people have come to expect services to be offered to them. Technology companies and innovators are continuously …

A new electronic wallet (e-wallet) – OPPA – has entered the Georgian digital market. The OPPA brand was created by JSO OPPA (formerly Nova Technology), which operates the PayBox payment …

A new universal scoring platform has been presented in Kyrgyzstan as part of the ‘Eurasian Digital Platforms’ international competition. The new platform uses data from communications operators, credit bureaus and …

The National Bank of Kazakhstan has implemented the new ‘Invest Online’ system, an innovative solution designed to operate as a simple, free tool for individuals to invest their money in …

Alfa-Bank has launched Alfa Network, a Russian-language marketplace platform, in Russia, Kazakhstan and Belarus. Alfa Network allows users to post and find offers for trade transactions, buy and sell assets …

UzCard has announced the launch of instant money transfers from Qiwi and CONTACT. The transfer is currently only available in one direction (i.e. from Qiwi/CONTACT to UzCard); however, UzCard plans …

In the modern world, most people are familiar with the ‘Software-as-a-Service’ (SaaS) concept, whereby app services are pay-as-you-use rather than being bought outright. These services used to cost a fortune …

The sharing economy is increasing its footprint into our daily lives and shows few signs of slowing down. Join experts Carlo Ratti and Rachel Botsman in an exploration of what …

The banking industry is in a state of flux as new players, innovative technologies and revolutionary platforms challenge traditional concepts of banking. This video explores some of the latest trends …