When the COVID-19 pandemic first hit, financial institutions rushed to digitize both their internal processes and their consumer-facing services in order to provide consumers with reliable products and services in …
Read More »BFC FinTech Monitor 10th – 16th November
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 According to the head of the European …
Read More »Internet Banking Rank 2020 report published
Markswebb has published its Internet Banking Rank 2020 report, which explores how an online financial institution for individuals can be developed to bring value to consumers and cope with new …
Read More »Digital banking’s rise over classical banking
Digital banking was on pace to develop slowly, mired in the shadow of classical banking. This was especially the case in many emerging markets. However, the COVID-19 pandemic has complicated …
Read More »Classic banking models no longer profitable
The landscape around the financial sector has changed drastically recently, and the relatively straightforward indicators traditionally used to assess its growth and profitability are simply no longer applicable, at least …
Read More »BFC FinTech Monitor 30th October – 10th November
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 According to CB Insights analysts, the volume …
Read More »Infographic: COVID-19 boosting banking’s focus on digitalization
The COVID-19 pandemic has dramatically reshaped our world in only a few short months. In the world of banking, this has led to an increased focus on digitalization. This trend …
Read More »What lifestyle banking means for the future of banking
Most people today maintain an active lifestyle that is defined by a routine or set of routines. Moreover, more and more aspects of life are continuing to become part of …
Read More »Video: the state of artificial intelligence in banking
Artificial intelligence (AI) is becoming an increasingly common tool used by financial institutions across the world. Take a quick look at how they are putting AI to use, what risks …
Read More »BFC FinTech Monitor 23th – 30th October
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 Alibaba Group founder Jack Ma has called for …
Read More »CBDCs alone cannot solve financial inclusion problems
Financial inclusion (or the lack thereof) is an ever-present issue, even in the modern world. In fact, an estimated 1.7 billion do not have reliable access to a bank account …
Read More »Design considerations for central bank digital currencies
Central bank digital currencies (CBDCs) are being explored and, in some cases, piloted by central banks around the world. To become a contributing part of our future world however, they …
Read More »New report highlights central bank digital currencies
Deutsche Bank Wealth Management has released a new special report on central bank digital currencies (CBDCs). The report highlights how CBDCs could fundamentally change all financial relationships by, essentially, making …
Read More »BFC FinTech Monitor 16th – 23th October
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 Bahamas has become the first …
Read More »Quick look at the statuses of various CBDC projects around the world
A new working paper from the Bank for International Settlements (BIS) examined the state of various central bank digital currency (CBDC) projects around the world to see what their statuses …
Read More »Central bank digital currency projects aim to complement cash, not replace it
New research recently published by the Bank for International Settlements (BIS) includes a detailed analysis of 32 various projects around the world related to the design, development and launch of …
Read More »Interest in central bank digital currencies surpasses that of Bitcoin
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 …
Read More »BFC FinTech Monitor 9th – 19th October
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 G20 participants are working with specialists …
Read More »Central Bank of Russia considering developing a digital ruble
The Central Bank of Russia has announced that it is studying the need to create a national digital currency that will circulate as legal tender alongside the ruble. Although no …
Read More »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 …
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