Financial institutions operating in Eastern Europe and Central Asia were active in providing innovative services and solutions for small- and medium-sized enterprises (SMEs) in 2019. In fact, financial institutions in …
Read More »Digital transformation risks for Russian financial institutions
The COVID-19 pandemic has given Russian financial institutions the impetus to increase the implementation and use of innovative financial technologies, which will, in turn, serve to further accelerate the process …
Read More »Digitization an inevitability in Kazakhstan
Kazakhstan began its journey toward digitization in 2006. Since that time, digitization has gained much traction in the country in both the public and commercial sectors. Our friends at Terrasoft …
Read More »Video panel: the future of finance
Bloomberg convened a peer community of C-level technology executives and senior decision-makers to examine how financial services leaders are embracing digital transformation to improve business continuity, modernize processes and navigate …
Read More »Podcast: is COVID-19 the catalyst for banking digital transformations?
Prior to the COVID-19 pandemic, many financial institutions were on the digital transformation path, slowly moving toward what seemed like an eventuality. As the pandemic broke and the world moved …
Read More »Data’s role in digital transformation after COVID-19
In recent months, there has been a deep cultural change in the way we live our lives and conduct business. This change, brought on by the COVID-19 pandemic, is largely …
Read More »What banking will look like after the pandemic
As we emerge from the COVID-19 crisis and look to the future, we can clearly see that banking will be very different than it was before. Perhaps most obviously, banking …
Read More »Drivers shaping the future of finance in a post-pandemic world
We’ve already seen some of how COVID-19 has changed our thoughts on the financial industry and how we engage with it. But it’s also important to look toward the future …
Read More »16 proven strategies to keep consumers engaged, even in a crisis
COVID-19 has spurred a fundamental shift in consumer behaviors and expectations. This shift is also impacting the way in which financial institutions interact with consumers as well as the way …
Read More »How COVID-19 could reshape China’s banking industry
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 …
Read More »EU financial institutions facing unprecedented challenges
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 …
Read More »The importance of FinTech in emerging markets
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, …
Read More »How financial institutions are supporting SMEs in the CIS and the Caucasus with non-financial services
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 …
Read More »COVID-19 is pushing a complete transformation of the banking sector
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 …
Read More »7 things COVID-19 changed in Kazakhstan’s banking sector
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 …
Read More »National Bank of Ukraine updating financial sector development strategy
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 …
Read More »4 ways COVID-19 is improving the banking sector of Uzbekistan
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 …
Read More »Video: how banking will change after COVID-19
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 …
Read More »Video: a conversation with Philip Augar on the future of banking systems
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 …
Read More »5 ways FinTech startups are adapting to the COVID-19 pandemic
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 …
Read More »