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 …
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Robots More Trusted Than Humans to Manage Finances
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 …
Read More »Integrating Front-to-Back, Digitized Consumer Value Streams
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 …
Read More »4 Digital Payment Trends for 2021
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 …
Read More »New Report Highlights Consumer Trends in Global Retail Banking
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 …
Read More »A Glimpse of 2025
The world 0f 2025 will be characterized by a very different landscape from the one we lived in just a few short years ago. While this will include some positive …
Read More »9 major FinTech trends to watch in 2021 and beyond
As remote operations become normalized and consumers continue to adapt to (and embrace) technologies that simplify financial transactions, there are certain FinTech trends that can be expected to continue in …
Read More »6 mobile banking trends for 2021
Ekaterina Tolmacheva, the author of Go Mobile’s annual report on mobile banking, recently highlighted 6 major mobile banking trends expected in Russia in 2021. Biometrics – an increasing base of …
Read More »Video: banking in 2030
Let’s start our voyage by heading 10 years into the future and seeing what the future of retail banking looks like from the perspective of the everyday consumer. Is physical …
Read More »KPMG publishes Future of Retail Banking report
KPMG recently published its Future of Retail Banking report, which highlights active changes the banking sector is undergoing to remain profitable in a world that is quickly transforming itself. The …
Read More »4 keys for successfully moving into a digital financial environment
There has (rightfully) been a lot of talk this year about digitization in the financial sector, with the COVID-19 pandemic drastically accelerating the development and implementation of digital solutions in …
Read More »Internet Banking Rank 2020 report published
Markswebb has published its Internet Banking Rank 2020 report, which explores how an online financial institution for individuals can be developed to bring value to consumers and cope with new …
Read More »Infographic: COVID-19 boosting banking’s focus on digitalization
The COVID-19 pandemic has dramatically reshaped our world in only a few short months. In the world of banking, this has led to an increased focus on digitalization. This trend …
Read More »CBDCs alone cannot solve financial inclusion problems
Financial inclusion (or the lack thereof) is an ever-present issue, even in the modern world. In fact, an estimated 1.7 billion do not have reliable access to a bank account …
Read More »Quick look at the statuses of various CBDC projects around the world
A new working paper from the Bank for International Settlements (BIS) examined the state of various central bank digital currency (CBDC) projects around the world to see what their statuses …
Read More »Central Bank of Russia considering developing a digital ruble
The Central Bank of Russia has announced that it is studying the need to create a national digital currency that will circulate as legal tender alongside the ruble. Although no …
Read More »Video: central bank digital currency basics
With China set to pilot its new central bank digital currency (CBDC) in select areas across its territory, it is poised to become the first nation in the world with …
Read More »Big Data in banking is becoming everything
While social media companies are great at determining what gets our attention, financial institutions know what opens our wallets. Now, Big Data offers a way to combine these two forces …
Read More »Data science in finance: the case for AI
Understanding complex and interdependent financial systems has long been the proverbial pot of gold at the end of the rainbow. The sheer volume of data involved, the administrative burden of …
Read More »How Russia can go from lagging behind to international data science leader
Data science is a relatively new industry in Russia. And with great demand for data scientists (especially those involved with machine learning), there is a significant shortage of qualified individuals …
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