Markswebb has prepared the Mobile Banking Rank CIS 2017. The study evaluated 86 mobile applications of 41 banks on both iPhone and Android devices, evaluating how easily users can manage …
Read More »Top 10 retail banking innovations in the world
The Efma–Accenture Banking Innovation award program is an initiative program aimed at identifying and awarding the most innovative projects in retail banking at a global level. The program, now in …
Read More »Banks need to develop their own mobile wallets
Mobile wallet use is growing. Most consumers (65%), however, want one payment application on their phone, and most would prefer that that application be from their bank. This presents a …
Read More »Europeans comfortable with digital banking, payments
The annual Visa Digital Payments Study has found that 77% of Europeans now use their mobile devices to keep track of their finances and make everyday payments. 62% use a …
Read More »Mobile banking trends in Eastern Europe and Central Asia
The website Future banking recently conducted a review of the development of mobile banking in Azerbaijan, Belarus, Georgia, Kazakhstan and Ukraine. The trends in these countries revolve around mobile electronic …
Read More »Self-boarding of corporate clients becoming more popular
Many banks are now moving to self-boarding for corporate clients in regards to their online account accesses and privileges. Self-boarding allows corporations to set up their own users for their …
Read More »Customer-driven card-control systems gaining in popularity
Customer-driven card-control systems are starting to become more popular. They also provide greater security and a way for customers to control their payment instruments via one smartphone-ported application. Specifically, card-control …
Read More »Alfa-Bank going mobile only
Alfa-Bank has stopped development on its internet banking to focus solely on the development of mobile banking as more and more users increasingly use that service. The bank’s concept of …
Read More »Traditional banks increasingly embracing Fintech
Once seen as a disrupter, Fintech is now being embraced by many traditional banks as the fast-track to digital and cultural transformation that is necessary to attract and keep customers …
Read More »Should – be – known facts about the ATM
The automated teller machine (ATM) turned 50 years old this June. In celebration of its 50th anniversary, here are little-known facts about the ATM: The first “cash-dispenser” was installed in …
Read More »Will your job become automated?
What if, in the not-too-distant future, there won’t be enough jobs for people? Some economists believe that, as robots and artificial intelligence become increasingly capable of performing tasks, there will …
Read More »EY report: Fintech penetration rates around the world
The most recent Ernst & Young survey of more than 22,000 digitally active consumers highlights the impressive and rapid growth of the adoption of fintech and its variations within 20 …
Read More »A blockchain explanation even your parents could understand
When first encountered, blockchain can seem like a complex concept to understand; however, simple words and common associations can help overcome that complexity and make blockchain into something that can …
Read More »IT policies for more secured cloud usage
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 »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 »Russian banks can not find a common electronical language with the government
The Central Bank of Russia has several initiatives to facilitate interactions between banks and their customers through modern technology; however, there are many strict responsibilities for customer verification that make …
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 …
Read More »Automatic 100% digital recording protects financial institutions as well as consumers
Recording 100% of customer interactions means recording entire sessions so that they can be replayed exactly as the customer experienced it, including full details of date and time, devices used …
Read More »8 tips on how to protect bank and client data
Determine the parameters of a normal course of business The standard parameters of business operations can be detected with the help of analysis tools. Once these parameters are determined, they …
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