Cybersecurity is one of the biggest concerns that financial institutions have today, especially with increased digitization exposing them to greater risks from hackers. Here are the top cybersecurity risks for …
Read More »11 Big Data trends for 2020
Given that the Big Data market is projected to become a more lucrative field in the coming years, it seems only too appropriate to take a quick look at the …
Read More »Cybersecurity and banking: 3 trends to watch in 2020
The threat of financial losses, regulatory consequences and reputational damage has spurred financial institutions to innovate and accelerate in the field of cybersecurity. However, the intersection of cybersecurity and banking …
Read More »Human-bot interactions: the next frontier of FinTech
With technological growth accelerating at a pace never seen before, virtual assistants powered by artificial intelligence are becoming as commonplace as smartphones. In fact, an estimated 2.5 billion people worldwide …
Read More »Top 10 digital transformation trends shaping 2020
Digital transformation continues to be a gamechanger in many industries around the world, including the financial industry. Given its importance in shaping our future, it is worth taking a quick …
Read More »5 key takeaways from Money20/20
Money20/20 was held earlier this year in Las Vegas. Here are 5 key takeaways from the event: The distinguishing lines between merchants and FinTechs continue to blur – Uber created …
Read More »What China can teach the world about digital transformation
By the end of this year, China will boast 55.8% of global online retail sales, a figure predicted to rise to 63.0% by 2022. China’s emergence as a dominant digital …
Read More »How Gen Z will reshape digital banking
Generation Z (gen Z) presents a new breed of consumers for financial institutions. Technologically-savvy and highly-educated, they bring a new mindset and type of consumerism for financial institutions to grapple …
Read More »Talent deficit hinders digital modernization efforts
With the IT modernization movement moving beyond the initial euphoria of the promises of digital technologies and into an understanding of the realities of what it will take for full …
Read More »PWC’s Financial Services Technology 2020 and Beyond: Embracing Disruption report
PWC’s Financial Services Technology 2020 and Beyond: Embracing Disruption report has been released. It examines the forces that are disrupting the role, structure and competitive environment for financial institutions and …
Read More »Digitalization levels in Kazakhstani financial institutions extremely low
Kazakhstan suffers from a lack of digitalization in the financial sector, as is evident by the fact that there is not a single full-fledged digital financial institution in the country. …
Read More »Ukrainian payment sector highlighted at Visa Cashless Forum
Earlier this year, Kiev played host to the 4th Visa Cashless Forum. In total, more than 300 participants gathered to discuss this year’s topic: “Driving the Future”. During the event, …
Read More »Key innovations changing Russia’s financial services industry
Digital transformation of the Russian financial sector already has a solid base. And with more and more Russians taking advantage of remote service channels and becoming connected to regular internet …
Read More »How technology can help grow Kazakhstan’s insurance market
Insurance markets are changing all over the world thanks to digital innovations. This includes: changes to calculation models, increased competition (due to the rise of insurance platforms), a rise in …
Read More »Ongoing digitalization efforts in Kazakhstan
Consumers choose to use digital services for one main reason – it solves an issue. In Kazakhstan, however, the adoption of digital services has been somewhat lower than in other …
Read More »The state of FinTechs in Ukraine
FinTech is a booming industry in Ukraine, with more than 100 such companies operating in the country today (58% of which were founded in the last 3 years). Because of …
Read More »Reform efforts driving Uzbekistan’s financial sector development
In recent years, the banking sector of Uzbekistan has been undergoing a number of reform efforts aimed at improving the availability and quality of financial services, something important for sustained …
Read More »Cybersecurity as a service – a new global trend
Cybersecurity as a service is part of a wider global trend toward the sharing economy model, in which consumers pay for a service over time as opposed to buy a …
Read More »Infographic: Top 10 digital transformation trends For 2020
The digital transformation trends of 2020 are defined by a fresh new class of technologies, including 5G, artificial intelligence and advanced data analytics. This infographic explores the top 10 digital …
Read More »Video: 2020 payment trends
Experts discuss the trends likely to influence the payments sphere in 2020. Joint bank associations around Europe to maintain the ATM networks Humo launches revolutionary mobile application Sberbank joins IoT …
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