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 »COVID-19 might finally bring FinTechs and financial institutions together
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 …
Read More »New opportunities for FinTechs in a post-COVID-19 world
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 …
Read More »COVID-19 likely to accelerate the push for digital payments
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 …
Read More »Startups’ thoughts on the impact of COVID-19
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 …
Read More »5 digital lending strategies addressing the COVID-19 situation
Although the full impact of COVID-19 has yet to be determined, it is clear that business will not be as usual for some time. In response, many financial institutions are …
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