Fintech 2020

With COVID-19 seemingly somewhat under control in China, the country’s banking industry is examining the damage and preparing for difficulties. In particular, the aftermath of the crisis is expected to …

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 …

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, …

There has been a large focus on how financial institutions are responding to the COVID-19 pandemic; however, much of that focus has been of the financial services they are offering …

Speaking at the Deloitte How Will COVID-19 Change the Banking Industry? webinar, Alexey Voylukov, vice president of the Association of Banks of Russia, outlined how 3 trends arising out of …

COVID-19 has impacted the way Kazakhstanis are living their lives, and many believe that the new normal will look very different from the old one. Within the banking sector, COVID-19 …

The National Bank of Ukraine is updating its development strategy for the financial sector, taking into account the COVID-19 pandemic. Specifically, they plan to: Consider the possibility of transferring the …

The banking system of Uzbekistan has adapted well to the COVID-19 crisis, particularly in matters that allow consumers to conduct banking transactions easily and safely. Here are 4 ways Uzbek …

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. …

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: Boston Consulting Group (BCG) has a released …

Emmanuel Daniel, founder of The Asian Banker, discusses how commercial financial institutions around the world, by and large, failed consumers during the COVID-19 pandemic as well as the emerging new …

Panel experts Mary Mack (Senior Executive Vice President and CEO of Consumer and Small Business Banking at Wells Fargo), Daniel Sheehan (Chairman and CEO of Professional Holding Corp and Professional …

Philip Augar, financial expert and author on financial systems, connects with Andrew Hilton and Jane Fuller of the Centre for the Study of Financial Innovation to discuss the future of …

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: Swiss financial holding UBS Group is …

We’re now living in a new macroeconomic narrative, one with major changes taking place nearly every day. To survive in such conditions, it’s necessary to be flexible. Unsurprisingly, FinTechs are …

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 …

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 …

Although the COVID-19 pandemic has brought about difficult times for many businesses, many FinTech startups are starting to see a possible silver lining in its aftermath. The pandemic has pushed …

As with most businesses, startups are preparing to deal with the long-term impact of the COVID-19 pandemic and associated measures to reduce its spread. During the recent How are Startups …

The COVID-19 pandemic is impacting nearly every type of financial service provider, and FinTechs are no exception. Most FinTechs, independent of what types of products and services they offer, are …