A new action plan from the European Commission (EC) is aiming to support the growth of technology-enabled financial services. The action plan, due to be launched in spring 2018, will …
Read More »Top RegTech Trends for 2018: Expert Opinion
Christian Visti Larsen (CEO at NewBanking ApS), Anastasia Dokuchaeva (head of partnerships at ClauseMatch) and Nathan Snyder (a partner at Brickendon) outlined their top trends for RegTech in 2018: Resolving …
Read More »RegTech requires a more collaborative effort
Chris O’Driscoll, head of disruptive change at PA Consulting Group, believes that it is important for RegTech that there is a collaborative system between banks, insurers, asset managers, regulators, tech …
Read More »RegTech and its driving forces
RegTech has become one of the latest buzzwords in the FinTech world. But what exactly is RegTech? And what’s driving it? RegTech, in its broadest sense, is any technology and/or …
Read More »The rise of RegTech
RegTech is one of the latest trends in the financial industry. It arose as developers began seeing the need financial market players had for technological solutions to the increasing number …
Read More »Video: why banks are investing in RegTech
Banking industry regulations are becoming more and more complex and nuanced. Tony Reid, CTO of financial services at Hitachi Data Systems, discusses why banks are turning to RegTech to help …
Read More »Video: RegTech trends
Anand Sanwal of CB Insights discusses the future of RegTech. Infographic: 2018 is the year of the internet of things 20 ways to achieve digital transformation How digital is your …
Read More »RegTech improves compliance but also increases costs
RegTech is widely used in the financial industry to comply with regulations. However, according to Bank Director’s 2018 Risk Survey, the cost of implementing RegTech has increased. 55% of the …
Read More »Bank of Russia to pilot new financial ecosystem
The Bank of Russia presented a concept for a new financial ecosystem at the Finopolis forum in autumn 2017 and is ready to begin testing it in the second half …
Read More »Infographic: how RegTech savvy are you?
Banking Technology and BearingPoint have conducted a brief survey to find out the industry view on RegTech as well as its implications for all parties. BFC FinTech Monitor 24th February …
Read More »Infographic: the benefits of RegTech
Since the financial crisis, the pace of new regulations has tripled, making regulatory compliance into an automated and recurring process extremely important. As such, RegTech firms are part of a …
Read More »Infographic: online and mobile banking vs. brick-and-mortar
As bank customers increasingly turn to online and mobile channels, the world of classic “brick-and-mortar” banking is becoming a thing of the past. Check out this infographic on how FinTech …
Read More »Infographic: digital banking customers
Modern banking customers want mobile technologies that let them bank whenever and wherever they want, but are banks doing enough to help customers reach their financial goals and dreams? Find …
Read More »Video: revolutionizing customer onboarding
The creation of truly smart customer identification is revolutionizing customer onboarding by making it fast, cheap and scalable. BFC FinTech Monitor 13th-20th February IFC Survey on the Role of Fintechs …
Read More »Video: why future bank branches will look like Apple stores
As online and mobile banking continue their rise in prominence, bank branches are expected to decrease by up to one third in the next decade. Banks, however, are starting to …
Read More »PASHA Bank offers parking payment service via its mobile application
For the first time in Azerbaijan, PASHA Bank is offering consumers the opportunity to pay for parking via a mobile application. To pay for parking in this way, customers need …
Read More »National Bank of Kyrgyzstan bans replenishing e-wallets via mobile phone balances
The Board of the National Bank of Kyrgyzstan has adopted amendments to the resolution ‘On Electronic Money’ that prohibit the replenishment of electronic wallets (e-wallets), prepaid cards and/or virtual prepaid …
Read More »National Bank of Uzbekistan launches mobile application
The National Bank of Uzbekistan has officially launched Milliy, its free-to-use mobile banking application. The mobile application allows users to access payment/money transfer systems as well as be able to …
Read More »Airfox using blockchain technology to replace banks in emerging markets
The American startup Airfox represents a new opportunity in banking, especially for those without bank accounts in emerging markets. The service allows users to make purchases and transfer money while …
Read More »Societe Generale to close 300 branches in move towards digital banking
French bank Societe Generale has announced that it will close 300 (15%) of its branches and eliminate 900 jobs as part of its effort to expand its digital capabilities and …
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