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 …

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 …

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 …

Stablecoins are being touted as everything tokens like bitcoin and ether aren’t. Whereas the price of cryptocurrencies can fluctuate greatly, stablecoins are designed to be worth the same as a …

A new study from Mastercard has revealed that non-binary persons feel discrimination in their financial experiences. Specifically, the study found that: 68% of non-binary persons’ IDs feature the name and …

According to a recent study by Mckinsey and Company, the value of metaverse is expected to reach USD 5 trillion by 2030, including e-commerce (USD 2–2.6 trillion), virtual learning (USD …

Microfinance Centre (MFC) is hosting its 24th Annual Conference June 29–30, 2022 in Istanbul Turkey. The theme of this year’s conference is Microfinance Investing through Uncertainty, which will feature discussions …

Binur Zhalenov, chairman of the board for the Center for Development of Payment and Financial Technologies of the National Bank of Kazakhstan, recently spoke at the FinTech without Borders: Digital …

While many point to the COVID-19 pandemic as being a massive disruption to the banking industry (and it is), the fact is that the industry was already experiencing tumult prior …

The idea of developing and implementing a central bank digital currency (CBDC) is gaining traction in governments around the world. Take a quick glance of the benefits of a CBDC …

We live in a world where data is abundantly available and has become king. With concerns rising over use of personal data, governments were quick to pass laws (e.g. the …

The Kiev-based startup company IntelSoft has created a smart platform that is capable of detecting bank fraud and disgruntled consumers at a rate that exceeds 90%. The platform uses mathematical …

The share of non-cash payments in Belarus has been constantly increasing, reaching 90.5% in the first quarter of this year (as compared to 49.7% in 2010). Moreover, Belarus now ranks …

Dr. Nick Hughes OBE, executive fellow at the Wheeler Institute, joins Rajesh Chandy to discuss the impact of digital payment solutions in emerging markets in this illuminating video, which is …

A new retail banking consumer “pulse” survey by the Boston Consulting Group is helping identify short- and long-term shifts in consumer behavior and sentiment on the basis of data from …

COVID-19 has resulted in an economic contraction that will likely be the deepest since World War II. It has also put tremendous stress on the banking industry. At the same …

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 with CB Insights have teamed …

We’ve already seen some of how COVID-19 has changed our thoughts on the financial industry and how we engage with it. But it’s also important to look toward the future …

COVID-19 has spurred a fundamental shift in consumer behaviors and expectations. This shift is also impacting the way in which financial institutions interact with consumers as well as the way …

Speaking at the Deloitte How Will COVID-19 Change the Banking Industry? webinar, Alexey Voylukov, vice president of the Association of Banks of Russia, outlined how 3 trends arising out of …