The UK government’s Edinburgh Reforms emphasize the need for a regulatory framework that supports innovation and leadership in emerging areas of finance. Within this context, the Financial Services and Markets …
Read More »Why KYC Automation Is Key for Business Growth
The financial services industry is witnessing a growing emphasis on digital transformation as industry players attempt to meet rising customer expectations and improve their business efficiencies. At the same time, …
Read More »Barriers and Opportunities for Fintech in Central Asia
The e-commerce and fintech markets in Kazakhstan and Uzbekistan are rapidly growing, largely due to the impact of the COVID-19 pandemic; however, they are also facing challenges related to low …
Read More »BFC FinTech Monitor (March 2023)
Stay up-to-date on all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World #Reports and Studies According to KPMG’s Pulse of FinTech report, …
Read More »Why GPT-4 Is a Big Deal for Financial Service Providers
While the fintech industry is certainly no stranger to innovation, the release of OpenAI’s GPT-4 (a cutting-edge language model) promises to revolutionize the industry in ways never previously imagined. With …
Read More »What Global Financial Institutions Can Learn from African Fintechs (Video)
Extraordinary problems require extraordinary solutions. And this has helped make fintech in Africa unique from other parts of the world. In particular, a general lack of infrastructure, low literacy rates …
Read More »Banking Customers in Search of More Personalized Financial Advice
According to digital banking research conducted by Sopra Banking Software, most banking customers (70%) are looking for more personalized financial advice from their financial institutions. In particular, banking customers want …
Read More »Global Fintech Investments Fall to USD 164.1 Billion in 2022
Following a record level of USD 238.9 billion in 2021, global fintech investments in 2022 dropped dramatically to USD 164.1 billion. Although declining significantly from 2021, 2022 was still the …
Read More »How Cloud Computing is Transforming the Fintech Industry (Infographic)
Cloud computing has revolutionized how financial service companies operate, allowing them to access, store and process data more efficiently and securely than ever before. This has opened up a world …
Read More »BFC FinTech Monitor (January–February 2023)
Stay up-to-date on all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World #Reports and Studies Many experts believe that artificial intelligence (AI) …
Read More »10 Themes to Watch in the Fintech Space in 2023
2022 was a tough year for fintech as rising interest rates and the so-called “crypto winter” depressed the value of many fintechs around the world. As we march into 2023, …
Read More »Why Banks Created Zelle [Video]
Competition among peer-to-peer payment apps like Venmo, PayPal, Cash App and Zelle have been heating up in the last decade. While the initial attempts of big banks to compete in …
Read More »Fintech Solutions Can Help Consumers Achieve Financial Wellbeing
Jerry Young, the CEO of ieDigital, discussed the role fintechs have in ensuring the financial wellbeing of consumers. As personal finances come under more and more pressure, fintechs are rising …
Read More »New Survey Find Banks Feel “Pressured” to Collaborate with Fintechs
According to new survey conducted by global fintech company Sopra Banking Software, 77% of banking leaders feel “pressured” to collaborate with fintechs to stay relevant. The survey of nearly 800 …
Read More »Are Financial Institutions Overly Reliant on Carbon Offsetting?
With the proliferation of APIs and integrations and the move from bricks-and-mortar banking to digital banking, it’s tempting to think that finance today has a relatively light carbon footprint. But …
Read More »BFC FinTech Monitor (December 2022)
Stay up-to-date on all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World #Reports and Studies A new study by the European …
Read More »Top 7 Fintech Trends for 2023
With the New Year almost here, it’s time to check out the top 7 fintech trends to keep an eye on in 2023. Buy-Now-Pay-Later (BNPL) – BNPL is growing at …
Read More »Top Cybersecurity Predictions for 2023
Cybersecurity is a sector of growing importance as we continue to blur the lines between the physical and digital worlds. But what are the biggest cybersecurity threats on the horizon …
Read More »6 Financial Services Predictions for 2023
Financial service trends in 2023 are set to be shaped by the convergence of customer needs, technological innovations and policy decisions. With that in mind, here are 6 predictions for …
Read More »Technology Trends Influencing the Banking Industry
As we prepare for a new year, let’s look at the biggest technology trends currently influencing the banking industry: Artificial intelligence (AI) is playing a big part in personalized banking. …
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