The following internal policies provide for maximum cloud data security and prevent unnecessary information leaks. Basic policies: employee trainings on how to handle sensitive data in various situations advanced access …
Read More »How banks can compete against an army of FinTech startups
Most retail banks are very much behind in digitalization and the rise of FinTech, focusing instead on only allowing the most routine customer transactions online. A recent analysis conducted by …
Read More »Mobile banking access without internet for the first time in Georgia
Terabank has made its mobile application accessible to clients without the use of internet traffic, meaning that clients can access their banking information even if their mobile data has expired. …
Read More »Idea Bank launches mobile coworking space – Idea Hub Express
Idea Bank, a specialized bank for SMEs known for its creative ideas such as mobile automatic teller machines (ATMs) and co-working branches, is launching another unprecedented concept, the Idea Hub …
Read More »8 unusual places where you can pay with bitcoin
Bitcoin is gaining popularity as an alternative to traditional money, and the virtual currency is starting to gain popularity at different businesses around the world. Here is a list of …
Read More »Expert panel discusses slow e-commerce development in Armenia
Ameriabank organized a panel discussion in April 2017 with telecommunication and bank sector experts to discuss the slow development of e-commerce in Armenia. Arman Barseghyan, head of retail banking at …
Read More »Central Bank of Armenia to implement Intellect QCBS
The digital transformation of the Central Bank of Armenia will include the use of Intellect’s Quantum Central Banking System (QCBS). The QCBS will modernize and streamline business processes across multiple …
Read More »Georgia first to use blockchain technology to develop land registry
Georgia is pioneering a new system for registering land titles, property transactions, mortgages, demolitions and notary services by using the same blockchain technology that underpins the virtual currency bitcoin. The …
Read More »VTB24 bank is going paperless
VTB24 is making the move to a paperless office by having clients fill out applications for cash loans and credit cards on a tablet instead of on paper. Furthermore, instead …
Read More »Remote authentication potential consequences: a case study in Russia
The Bank of Russia, the Federal Financial Monitoring Service and the Ministry of Communications are working together with commercial banks to launch a pilot project for remote customer identification. The …
Read More »’Innovations and Startup’ banking conference to be held May 24–25, 2017 in Tbilisi
The ‘Innovations and Startups’ banking conference on SME banking in the Caucasus will be held in Tbilisi May 24–25, 2017. The following topics will be discussed: the role of commercial …
Read More »Ameriabank launches a new payment application called Drops
Ameriabank has teamed up with Drops LLC to develop the new Drops application, which allows for automated payments to be made using a payment card. The Drops application works by …
Read More »New e-platform encourages trade between Azerbaijani, Georgian, and Turkish SMEs
Beginning in May 2017, small- and medium-sized enterprises (SMEs) from Azerbaijan, Georgia and Turkey will be able to participate in a single online trading platform. The new e-platform is aimed …
Read More »The changing landscape of banking — mobile banking “swallows” traditional banking
The development of new mobile banking applications on a nearly daily basis and the younger generation’s preference for digital banking is causing drastic changes in the banking industry. For several …
Read More »Milano, 21–22 March, EFMA SME Conference
This conference will have a strong focus on the digital trends for SMEs Digital topics will include: The role of digital transformation in SME banking; How to achieve successful partnerships …
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