Is a world without banks possible? Maybe. Decentralized finance (DeFi) is an emerging ecosystem of financial apps and protocols built on blockchain technology that has the power to challenge our …
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Cloud Computing Services Industry Set to Boom
ResearchAndMarkets.com has published the results of their exploration into the impact of COVID-19 on cloud computing services. How generations Y and Z are changing how banks operate How FinTech is …
Read More »Open Banking Brings a Challenge to Card Dominance in Payments
Open banking platform TrueLayer recently commissioned independent research to examine open banking in the UK and EU. The report outlining the findings of this research clearly shows that: Open banking …
Read More »The Pulse of FinTech in the First Half of 2021: A New KPMG Report
KPMG has released their Pulse of FinTech H1’21 report, detailing the incredibly strong start for the global FinTech market in 2021. Moreover, this strong performance isn’t just dominated by one …
Read More »Financial Regulators Need to Rein In Big Tech
The Bank for International Settlements (BIS) is calling on central banks and financial regulators around the world to tighten controls over Big Tech. This comes amid concerns from global watchdogs …
Read More »State of FinTech in the 2nd Quarter of 2021
CB Insights continuously monitors the FinTech industry to provide useful, data-based observations on the most important FinTech trends. Their 2nd quarter report has some illuminating information. In particular, the 2nd …
Read More »Central Bank Digital Currencies for Cross-Border Payments
A joint report (the Central Bank Digital Currencies for Cross-Border Payments) published by the G20 Committee on Payments and Market Infrastructures, the BIS Innovation Hub, the International Monetary Fund (IMF) …
Read More »Institutional Investors Increasingly Interested in Digital Assets
A new survey of institutional investors and wealth managers from France, Germany, the United Arab Emirates, the United Kingdom and the United States of America has revealed that that 82% …
Read More »Blockchain-Based Revenue to Grow 50-Fold by 2030
According to data and analytics from GlobalData, revenue from blockchain-based platforms and services is expected to grow 50-fold over the next decade, going from USD 4 billion in 2020 to …
Read More »Digital Payment Solutions Replacing Cash Faster Than Ever Before
PricewaterhouseCoopers (PwC) recently released its Charting a Cause Amid Evolution and Revolution study. According to the study, the COVID-19 pandemic has accelerated the move away from cash-based payments by 3–5 …
Read More »Overview of the World FinTech Report 2021 (Video)
The World FinTech Report 2021 from Capgemini and Efma explores how successful FinTechs have breached the profitability barrier and analyzes alternative options for financial institutions to alleviate this competitive threat. …
Read More »Central Bank Digital Currencies Likely to Disrupt Financial Systems
The declining use of cash and associated rise of digital payment systems, while providing convenience through improved mechanisms that reduce cost and improve speed and resiliency, have helped create oligopolies …
Read More »Deloitte Report Reveals the Future of Financial Services
Deloitte has published their A Higher Bottom Line: The Future of Financial Services report, in which experts name the main challenges and promising technologies for financial institutions over the next …
Read More »JPMorgan Chase CEO Highlights the Threat of FinTechs to Traditional Banks
Jamie Dimon, chairman and CEO of JPMorgan Chase, listed FinTechs as one of the “enormous competitive threats” to banks during his annual shareholder letter. In particular, he noted the great …
Read More »Highlights from FinNext 2021
Speakers at the 9th FinNext Financial Innovation Forum covered a wide variety of topics, ranging from biometrics and omnichannel developments to the decreasing popularity of plastic cards and the rise …
Read More »Key FinTech Trends to Follow in the Coming Years
During his speech at the 9th FinNext Financial Innovation Forum, Oleg Chanchikov (senior director for innovation and strategic partnerships at Visa in Russia) outlined the main FinTech trends to follow …
Read More »Video: Insurtech Innovation Day 2021
Industry experts gathered online to give presentations on the most fascinating new InsurTech solutions from startups in Kazakhstan, Russia and Ukraine at the Insurtech Innovation Day 2021 conference. Held on …
Read More »4 Recent Developments for the Cryptocurrency Sceptic
The world is abuzz with cryptocurrencies and the concepts and technologies that drive them. At the same, there are many that are resistant to them, believing them to be the …
Read More »FinTech Prospects in Central Asia | Video
Kazakhstan and Central Asia are not obvious locations for FinTech, but they should also not be overlooked as they are filled with highly-skilled tech and science talent pools. Moreover, Central …
Read More »KMPG Pulse of FinTech Report
KPMG has published the latest edition of its Pulse of FinTech report, highlighting how words became actions as the COVID-19 pandemic made digitalization a critical priority for businesses of every …
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