A new study from Tietoevry Banking has revealed the European banks are accelerating outsourcing in response to the rapidly changing end-user payment pattern and competitive landscape. In particular, the study …
Read More »Metaverse Digital Twins to Be a Boost to the Fintech Industry
Metaverse has started helping creators monetize their creativity and innovation skills through art, music, videos, etc. by offering digital twins capable of providing multi-way authentication. Digital avatars are linked to …
Read More »How Crypto’s Energy Usage Is Changing (Video)
The cryptocurrency industry’s biggest target for criticism has always been its massive consumption of energy. But that is starting to change as two leading cryptocurrencies are exploring very different ways …
Read More »8 Fintech Trends to Keep an Eye on in 2023
The fintech sector is rapidly evolving as it seeks to make things faster, easier and more streamlined for both businesses and consumers. As we edge closer towards 2023, fintech experts …
Read More »Top Fintech Trends for the Second Half of 2022 (Infographic)
Widespread geopolitical uncertainty, turbulent markets, supply chain disruptions, high levels of inflation and increasing interest rates have caused uncertainty in investment markets. In the second half of 2022, this could …
Read More »Could DeFi Upend Finance as We Know It? (Video)
DeFi is a term that is becoming increasingly common for the concept of upending the traditional finance. But how does DeFi work, and what’s next for an industry that has …
Read More »A Quick Look at Big Tech Lending to SMEs
In the last decade, big techs have moved increasingly toward providing financial services and have been particularly active in offering credit products and services to small- and medium-sized enterprises (SMEs) …
Read More »CEO Digital Transformation Toolkit
We are delighted to present the final part of a three-part blogpost series highlighting the information presented in the keynote speech delivered at Triple Jump’s Driving Impact through Digital Transformation …
Read More »Four Innovative Investing Companies on Forbes 2022 Fintech 50 List (Video)
Despite a year filled with the turmoil caused by interest rate hikes, Russia’s war on Ukraine and inflation, four innovative fintechs focused on investing have managed by sign up millions …
Read More »Cryptoassets in the Metaverse Represent a Systemic Risk
An open and decentralized metaverse, which is likely to become a reality at some point in the future, implies some way of owning and transacting using digital objects that are …
Read More »Swift to Face Increasing Challenges in Cross-Border Payments
Domestic digital payment usage surged during the pandemic, and now customers are increasingly demanding a similar revolution in cross-border payments. At the center of this is the Swift network, which …
Read More »Detoxing from the Digital Transformation Hype
On June 29, 2022, BFC was honored to host Triple Jump’s ‘Driving Impact through Digital Transformation’ luncheon during MFC’s ‘24th Annual Conference’ in Istanbul. The luncheon’s keynote speaker, Ms. Floreta …
Read More »Measuring Digital Transformation
Continuing with our follow-up of the keynote speech delivered at Triple Jump’s ‘Driving Impact through Digital Transformation’ luncheon (held during MFC’s ‘24th Annual Conference’ in Istanbul on June 29, 2022), …
Read More »6 New Small Business Banking Trends
The future is looking bright for small business banking. Here are 6 new trends in the sector that are important to keep an eye on: Digital service integration – as …
Read More »What Are Stablecoins, and Why Are Some So Concerned about Them? [Video]
Stablecoins are being touted as everything tokens like bitcoin and ether aren’t. Whereas the price of cryptocurrencies can fluctuate greatly, stablecoins are designed to be worth the same as a …
Read More »Non-Binary Persons Feel Discrimination in Financial Experiences
A new study from Mastercard has revealed that non-binary persons feel discrimination in their financial experiences. Specifically, the study found that: 68% of non-binary persons’ IDs feature the name and …
Read More »The Impact of the War on Fintechs
Russia’s ongoing war in Ukraine has had a tremendous impact on the world, including fintechs. For Russian fintechs, the waves of sanctions have had a major impact as modern technological …
Read More »Fintechs Luring Skilled Staff Away from Banks and Tech Giants
New analyses are showing that the staff of major banks and some of the world’s largest tech giants are increasingly pursuing opportunities with fintech startups. This includes bankers, engineers, data …
Read More »BIS Features CBDCs as the Center of a Future Monetary System
The Bank for International Settlements (BIS) has drawn up a blueprint for a future monetary system that is grounded in central bank digital currencies (CBDCs), noting in its Annual Economic …
Read More »Metaverse to Reach USD 5 Trillion Value by 2030
According to a recent study by Mckinsey and Company, the value of metaverse is expected to reach USD 5 trillion by 2030, including e-commerce (USD 2–2.6 trillion), virtual learning (USD …
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