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 …
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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 »Is a Fintech Crash Looming?
Recent events are giving cause for fintechs to worry. In particular, there are concerns regarding investment cooldowns, large-scale layoffs and plummeting stock value following the very public implosion of the …
Read More »10 Trends Poised to Shape Banking in 2022
In 2021, many financial institutions became much more proactive in questioning long-held assumptions about the banking sector. In doing so, they discovered that transformation can be a quicker and more …
Read More »Cybersecurity Review of 2021 and Expected Challenges for 2022 (Infographic)
Experts from Positive Technologies have identified the main cybersecurity trends from 2021 as well as forecast the most relevant cyber security threats for 2022. Take a look inside this revealing …
Read More »Global Insurtech Market Estimated to Grow to USD 10.7 Billion in 2027
A recent study conducted by BlueWeave Consulting has shown that the global insurtech market was worth USD 5.3 billion in 2020. The study also revealed that the global insurtech market …
Read More »Financial Services Industry Struggling with Rapid Rate of Digital Transformation
A survey of 300 technology and IT executives across North America, Europe and the Asia-Pacific region has found that financial service firms are struggling to keep up with the unprecedented …
Read More »Key Findings of Dentons’ AI Survey
Dentons has conducted a survey of global business leaders on their organizations’ use of artificial intelligence (AI). The results of the survey reveal that companies around the world recognize the …
Read More »Digital Banking Trends for 2022
Digital banking has really taken off in the last few years. In a crowded marketplace, the key to success lies in increasing lifetime customer values by moving beyond the role …
Read More »7 Payment Predictions for 2022
The way that we pay for goods and services seems to be ever-changing, with new technologies leading to new innovations in how to transfer payments. This will no doubt continue …
Read More »What’s Holding Blockchain Back?
Though blockchain has many advantages, it still has a lot of growing pains to go through before its full potential can be unlocked. Here are a few of the main …
Read More »McKinsey Report Highlights “Inevitable Changes” from CBDC Adoption
On the first day of the Sibos 2021 online conference, McKinsey released it annual Global Payments Report. Overall, the report outlined a positive (albeit somewhat unbalanced) forecast for post-COVID financial …
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