The COVID-19 pandemic has given Russian financial institutions the impetus to increase the implementation and use of innovative financial technologies, which will, in turn, serve to further accelerate the process …
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Podcast: is COVID-19 the catalyst for banking digital transformations?
Prior to the COVID-19 pandemic, many financial institutions were on the digital transformation path, slowly moving toward what seemed like an eventuality. As the pandemic broke and the world moved …
Read More »Data’s role in digital transformation after COVID-19
In recent months, there has been a deep cultural change in the way we live our lives and conduct business. This change, brought on by the COVID-19 pandemic, is largely …
Read More »BFC FinTech Monitor 12th – 19th
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: Capgemini analysts have prepared the World Retail …
Read More »EU financial institutions facing unprecedented challenges
The European Banking Authority (EBA) has published a preliminary assessment of the impact of COVID-19 on the European Union (EU) banking sector. The main findings of the assessment are: Financial …
Read More »The importance of FinTech in emerging markets
FinTech services have quickly become fundamentally important for continued development in emerging markets. This is largely due to the fact that access to financial services for many in these countries, …
Read More »BFC FinTech Monitor 5th – 12th June
Around the World: Forbes magazine has introduced a new version of The World’s Best Banks of 2020. This new version is based on consumer ratings from a survey conducted by Statista. …
Read More »COVID-19 might finally bring FinTechs and financial institutions together
Despite a past of underwhelming collaborations between FinTechs and traditional financial institutions, the COVID-19 pandemic is likely to forge deeper relationships between the two as many legacy systems have proven …
Read More »New opportunities for FinTechs in a post-COVID-19 world
According to a Deloitte report on the future of banking, the COVID-19 pandemic may end up resulting in new opportunities for FinTechs in the long term. In particular, the report …
Read More »BFC FinTech Monitor 5th – 13th March
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: Amsterdam will play host to the …
Read More »BFC FinTech Monitor 27th February – 5th March
Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor and telegram channel FinTech Wave. Around the World: ATMmarketplace.com …
Read More »BFC FinTech Monitor 20th – 27th February
Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor and telegram channel FinTech Wave. Around the World: In 2019, …
Read More »An overview of biometrics in the former Soviet Union
How are financial institutions in the former Soviet Union using biometrics? Are investments made into these solutions always justified? This short overview will get you up-to-date. Russia: Leading Russian developers …
Read More »BFC FinTech Monitor 13th-20th February
Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor and in the telegram channel FinTech Wave. Around …
Read More »BFC FinTech Monitor 3rd January – 12th February
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: American FinTech startup Remitly has …
Read More »7 developments awaiting the Russian banking sector in 2020
Russia’s banking market has already proven itself to be very dynamic. But with changing regulations, new business models and new innovations coming to market, 2020 promises to be an interesting …
Read More »Digitalization levels in Kazakhstani financial institutions extremely low
Kazakhstan suffers from a lack of digitalization in the financial sector, as is evident by the fact that there is not a single full-fledged digital financial institution in the country. …
Read More »Ukrainian payment sector highlighted at Visa Cashless Forum
Earlier this year, Kiev played host to the 4th Visa Cashless Forum. In total, more than 300 participants gathered to discuss this year’s topic: “Driving the Future”. During the event, …
Read More »Key innovations changing Russia’s financial services industry
Digital transformation of the Russian financial sector already has a solid base. And with more and more Russians taking advantage of remote service channels and becoming connected to regular internet …
Read More »How technology can help grow Kazakhstan’s insurance market
Insurance markets are changing all over the world thanks to digital innovations. This includes: changes to calculation models, increased competition (due to the rise of insurance platforms), a rise in …
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