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 »Blog Archives
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 »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 »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 »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. …
Read More »The Intersection Between DeFi and TradFi (Video)
Boon Hiong Chan, the head of fund services and the head of securities market and technology advocacy at Deutsche Bank discusses the intersection between DeFi and TradFi at an event …
Read More »New Report Reveals Insights on the Global Open Banking Market
ResearchAndMarkets.com has published the Open Banking Market By Financial Services, By Distribution Channel: Global Opportunity Analysis and Industry Forecast 2020–2031 report. According to the report, the global open banking market …
Read More »European Banks Accelerating Toward SaaS-Based Payment Solutions
A new study from Tietoevry Banking has revealed the European banks are accelerating outsourcing in response to the rapidly changing end-user payment pattern and competitive landscape. In particular, the study …
Read More »Metaverse Digital Twins to Be a Boost to the Fintech Industry
Metaverse has started helping creators monetize their creativity and innovation skills through art, music, videos, etc. by offering digital twins capable of providing multi-way authentication. Digital avatars are linked to …
Read More »Could DeFi Upend Finance as We Know It? (Video)
DeFi is a term that is becoming increasingly common for the concept of upending the traditional finance. But how does DeFi work, and what’s next for an industry that has …
Read More »A Quick Look at Big Tech Lending to SMEs
In the last decade, big techs have moved increasingly toward providing financial services and have been particularly active in offering credit products and services to small- and medium-sized enterprises (SMEs) …
Read More »Super Apps Can Drive Uzbek’s Fintech Market
Uzbekistan’s technology sector has been experiencing a boom in 2022, with thousands of IT specialists and major technology companies relocating to Tashkent. Moreover, fintech services in the country are becoming …
Read More »Four Innovative Investing Companies on Forbes 2022 Fintech 50 List (Video)
Despite a year filled with the turmoil caused by interest rate hikes, Russia’s war on Ukraine and inflation, four innovative fintechs focused on investing have managed by sign up millions …
Read More »Cryptoassets in the Metaverse Represent a Systemic Risk
An open and decentralized metaverse, which is likely to become a reality at some point in the future, implies some way of owning and transacting using digital objects that are …
Read More »Swift to Face Increasing Challenges in Cross-Border Payments
Domestic digital payment usage surged during the pandemic, and now customers are increasingly demanding a similar revolution in cross-border payments. At the center of this is the Swift network, which …
Read More »Fintechs Luring Skilled Staff Away from Banks and Tech Giants
New analyses are showing that the staff of major banks and some of the world’s largest tech giants are increasingly pursuing opportunities with fintech startups. This includes bankers, engineers, data …
Read More »BIS Features CBDCs as the Center of a Future Monetary System
The Bank for International Settlements (BIS) has drawn up a blueprint for a future monetary system that is grounded in central bank digital currencies (CBDCs), noting in its Annual Economic …
Read More »BFC FinTech Monitor (22nd April — 20th May)
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 a new Juniper Research …
Read More »EC to Launch Fintech Challenge for Ukraine Initiative
The European Commission (EC) is launching the Fintech Challenge for Ukraine initiative, which will be an international coding competition that will take place in June 2022 in the format of …
Read More »