There used to be a time when being in the clouds was synonymous with having unrealistic ideas. Today however, commercial financial institutions are finding it increasingly necessary to migrate into …

We now live in a world where there is seemingly an app for everything. The financial world is no exception. With financial apps continuing to increase in popularity worldwide, markswebb …

5G’s faster speed, lower latency and ability to connect vastly higher numbers of devices has given us a glimpse of a more efficient and productive future. And as 5G’s adoption …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World Officials from the European Central Bank worry that …

Oracle has published the results of a new study of more than 9,000 consumers and business leaders in 14 countries. The overall conclusions of the study are fascinating, to say …

While 2020 will likely be remembered as the year we, as a world, got knocked down, 2021 is likely to be remembered as the year we picked ourselves up and …

Last year, several changes occurred in the payment behavior of consumers. Most notably, the number of non-cash transactions jumped dramatically, and contactless payment methods (especially relevant with the ongoing pandemic) …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World Visa has announced the launch of its AI-powered …

While market dynamics and financial infrastructure vary greatly by country and region, it is clear that changes across financial markets have 2 commonalities: digitization and cashlessness. Both of these inevitabilities …

Mobile-only financial institutions are revolutionizing personal banking, offering faster, cheaper, more secure and easier-to-use products and services via a simple Android or iOS app. Not to be confused with the …

The COVID-19 pandemic pushed consumers into using digital channels at a pace never imagined, with online banking use increasing 23% and mobile banking use increasing 30% during the pandemic. These …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World Analysts at CB Insights have prepared a report …

BPC Banking Technologies, a company that offers smart digital solutions and works with banking institutions and neobanks, has analyzed global markets and determined that the following 4 trends will define …

he Bank for International Settlements (BIS) recently conducted a study on central bank digital currencies (CBDCs), finding that 86% of central banks worldwide are exploring the benefits and drawbacks of …

Traditional financial institutions have worked tirelessly to develop their own unique methodologies for assessing the creditworthiness of clients, typically relying on data collected from private credit bureaus. While the ultimate …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World Organizers of the World Economic Forum are devoting …

Consumer-oriented financial institutions are traditionally known for having more personal relationships with their customers due to the intimacy of personal finances. But in 2020, many such financial institutions have found …

MINDSMITH, a technology think tank, recently carried out a semantic analysis of publications from 191 central banks around the world. Interestingly, they found that 74% of the world’s central banks …

Artificial intelligence (AI) is starting to deliver on its potential, with its benefits for businesses really shining amid the pandemic. For example, chatbots have helped answer a flood of pandemic-related …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World Mastercard has launched a cybersecurity center …