In Singapore, seven mobile wallet providers have formed a payment consortium as part of an effort to promote electronic payments in Singapore and with the aim of supporting interoperability among …
Read More »Kazakhstani banks bringing new card services to the market
The number of payment cards in circulation in Kazakhstan is on the rise: the number of debit cards has increased 24.3%; the number of credit cards has increased 21.1%; and …
Read More »The potential of biometrics in finance
There are various ways of identifying a person biometrically. Here are the top five modern biometric methods of identification today: Fingerprints — fingerprint usage for identify has evolved with modern …
Read More »The rise of voice-enabled payments
Voice-enabled assistants such as Alexa, Siri and Google Assistant are increasingly becoming an integral part of many people’s daily life. Several banks, financial institutions, and new FinTech players have already …
Read More »Infographic: the top 10 trends in payments for 2018
The universe of banking and payments is ever evolving, and 2017 saw a number of significant changes within the payment industry. Here are the top 10 key trends likely to …
Read More »Open APIs changing the future of payments
The development of the open application programming interface (API) concept means major changes in the payment industry, with most banking customers now being interested in increasing the speed, simplicity and …
Read More »Infographic: 50 disrupting FinTech facts about mobile wallets and payments
In many places around the world, the future of payments is here: mobile wallets. Take a quick look at why and how mobile wallets are taking over in this FinTech …
Read More »“Invisible” payments being tested in Spain
Spanish banking company BBVA is testing a facial recognition system in its internal cafeterias as part of an effort to make payments “invisible”. The system is able to recognize user …
Read More »Global RegTech Summit
On May 22, 2018, London will host more than 600 delegates from across the financial industry spectrum at the Global RegTech Summit. Register to: Find out strategies for financial institutions …
Read More »Swiss RegTech Conference 2018
Swiss RegTech Conference 2018 will be held at Swisscom Arena in Zurich on April 24, 2018. Leading Swiss policymakers and global technology pioneers from Switzerland, Israel and the United Kingdom …
Read More »Armenian government to stay out of cryptocurrency market
The Armenian government has not approved amendments to the ‘Law on the Development of Digital Technologies’ or the ‘Law on State Registration of Legal Entities, Separated Subdivisions, Enterprises of Legal …
Read More »National Bank of Kyrgyzstan clarifies acceptable electronic wallet replenishment methods
The Board of the National Bank of Kyrgyzstan has approved amendments and additions to the ‘Law on Electric Money in the Kyrgyz Republic’ in order to clarify the procedure for …
Read More »RegTech startups to be included in Accenture’s latest Innovation Lab
RegTech startups that offer solutions for financial regulatory requirements are being invited to join Accenture’s sixth FinTech Innovation Lab for the first time. Accenture made the decision to increase in …
Read More »Uzbek government passes bill allowing online currency exchange
The widespread online exchange of currency in Uzbekistan is expected to begin in April 2018. The process began with a decree from the Uzbek President in September 2017 to liberalize …
Read More »Kazakh FinTech business opportunities being driven to other countries
As FinTech continues to become an important aspect of how financial markets all over the world operate, pressure from Kazakh regulators and information attacks directed against the online lending sector …
Read More »Banking regulations not suitable for small online lenders using FinTech solutions
In Kazakhstan, the rigid regulations of financial companies now also apply to online lending companies, leaving many to wonder if FinTech companies can thrive (or even survive) under such conditions. …
Read More »The growth of FinTech in Georgia
FinTech is becoming of crucial importance for financial institutions, influencing nearly every financial activity and transforming money management channels. The financial sector in Georgia is no different; here’s a quick …
Read More »UK to harness FinTech to ensure an economy for the future
The government of the United Kingdom (UK) has unveiled its first FinTech sector strategy. A cryptoassets task force (consisting of Her Majesty’s Treasury, the Bank of England (BoE) and the Financial …
Read More »MasterCard and IBM create Truata, an independent data trust
MasterCard and IBM have founded Truata, an independent trust that will allow companies to conduct analytics while complying with the upcoming General Data Protection Regulation (GDPR) of the European Union …
Read More »UK’s Financial Conduct Authority calls for smarter regulatory reporting
The Financial Conduct Authority (FCA) of the United Kingdom is examining how technology can help firms meet regulatory reporting requirements and, potentially, improve the quality of the information provided to …
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