A new report from the Bank for International Settlements (BIS) shows that public interest behind central bank digital currencies (CBDCs) is quickly gaining traction around the world, even outpacing that …
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e-Hryvnia getting closer to launch
The National Bank of Ukraine (NBU) began working on the development of a digital version of its currency 4 years ago and began piloting it 2 years ago. This is …
Read More »Kazakhstan working on a digital version of its national currency
The National Bank of Kazakhstan has announced that it is working on creating a digital version of its national currency. As part of the first step towards this aim, the …
Read More »Video: Ethereal Virtual Summit 2020 discussion on central bank digital currencies
Taking place as part of Ethereal Virtual Summit 2020, Michael del Castillo of Forbes hosts an enlightening discussion on central bank digital currencies in the age of COVID-19 with guests …
Read More »Big Data challenges and trends for the financial services industry
Big Data is one of the biggest trends happening right now in the financial services industry, with nearly every player understanding the need to leverage analytics garnered from an ever-increasing …
Read More »Big Data’s impact on finance
The financial services industry is changing at an unprecedented pace. Let’s take a quick look at the role of Big Data in this time of extraordinary change: Risk modeling and …
Read More »Data scientists: the new investment bankers
Data scientists operate by combining coding, statistics and business ideas to develop predictive models for decision-makers, while investment bankers generate investment ideas that are supported by financial models. With the …
Read More »10 data analytics startups disrupting the financial services industry
Data analytics has been the backbone of many revolutionary companies disrupting business as usual. Here are the top 10 data analytics startups disrupting the financial services industry today: Chime (mobile …
Read More »Payment solutions for a new world: biometric payment cards
Biometric payment cards are finally poised to become a commercial reality, with Norwegian company Zwipe leading the way. According to Zwipe CEO Andre Lovestam, the company plans on small-scale commercial …
Read More »2020: the great QR code renaissance
QR codes have been around for years, seemingly a marginal tech solution for a problem that didn’t exist. But as with so many things in the world after the appearance …
Read More »Digital payment solutions: from possible future to inevitability
There has been a significant shift toward digital and cashless payment solutions in recent years. In fact, investments in payment-related FinTechs have doubled investments in other technologies across the financial …
Read More »3 projections for COVID-19’s impact on payments in Europe
The COVID-19 pandemic has put a spotlight on consumer spending habits in times of crisis, and rightfully so. But it’s also important to consider its impact on the payments industry. …
Read More »Will Uzbekistan ever go cashless?
At the outset of the COVID-19 pandemic, the Central Bank of Uzbekistan recommended that residents switch from paying for goods and services in cash to paying for them using cards …
Read More »Telecoms may come to dominant the Kazakh payments industry
With many companies expanding their product and service offering, it’s no surprise that we are seeing new and interesting combinations for what companies offer. For example, we have seen the …
Read More »Infographic: COVID-19 pushing the faster adoption of digital payments
The COVID-19 pandemic has caused many radical shifts in the ways we work, live and even think. As we push forward toward a post-pandemic world, it has become clear that …
Read More »What the banking industry can learn about digital transformation from other industries
While the banking industry leads other industries in the adoption of some practices and technologies, digital transformation is not one of them. So, let’s take a look at 4 things …
Read More »The delusion of rapid digital transformation in banking
The banking world appears to be convinced that the COVID-19 pandemic has accelerated digital transformation in the financial services industry. While this may be true in some senses, it is …
Read More »BFC FinTech Monitor 13th – 27th July
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: The Office of the Comptroller of …
Read More »Digitization an inevitability in Kazakhstan
Kazakhstan began its journey toward digitization in 2006. Since that time, digitization has gained much traction in the country in both the public and commercial sectors. Our friends at Terrasoft …
Read More »BFC FinTech Monitor 26th June – 3rd July
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: 16 major financial institutions operating in the European …
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