FinTech

The Second Payment Services Directive (PSD2) underpins open banking across the European Union (EU); however, open banking in the Netherlands has yet to become a reality as Dutch regulators have …

Huawei and Forms Syntron, a leading Chinese bank solution provider, have jointly released Fincube, a distributed open platform solution for the financial industry. Fincube will help banks at various scales …

A survey of 442 European Union (EU) banks conducted by the Swedish open banking platform Tink has found that 41% of EU banks have failed to provide a testing environment …

Changing consumer patterns, the emergence of non-traditional competition (e.g. FinTechs, blockchain and artificial intelligence) and initiatives undertaken by the Reserve Bank of India have provided the ideal timing for Indian …

Early this year, Sberbank registered 182 domains having “sber” in the address (e.g. sber-medicine.ru, sber-fashion.ru and sbersale.ru). The mass registration of domains is part of Sberbank’s effort to develop an …

As the Second Payment Services Directive (PSD2) becomes just another part of business in the European Union (EU), it is natural to wonder about the state of open APIs in …

Qiwi has launched an open API money transfer service for its customers, giving users the chance to customize their own way of receiving funds. The new service makes it easier …

PrivatBank has launched a new open API platform to allow FinTech companies to create effective, innovative solutions that work with bank data and provide consumers with new digital services. The …

With the implementation of the Second Payment Services Directive (PSD2) in the European Union (EU) and Ukraine’s relationship with the EU, it is natural to wonder about the implications of …

The Digital Tools for the Development of Insurance Product Partner Sales roundtable was held in Moscow, a first-ever discussion between insurance companies, intermediaries and IT experts in the country. The …

Open APIs are starting to emerge as a trend in the market of IT solutions in Kazakhstan, with private banks actively exploring the potential of open APIs and the National …

The personal data of consumers who requested a loan and/or credit card from the now liquidated Binbank may have been compromised. The compromised data includes names, passport data, phone numbers …

A new platform called Goodfin now serves as a single access point for consumers looking for financial service providers such as banks and microfinance institutions (MFIs). Goodfin differs from similar …

Sberbank now offers three new ways of making payments that are faster and more convenient. The first is called “B2B Corp Checkout”. It allows legal entities to add a button …

As the Second Payment Services Directive (PSD2) becomes the new reality across Europe, here are the main changes it is driving: External payment service providers are now better defined and …

The National Bank of Kazakhstan has initiated an open API program that will eventually allow consumers in Kazakhstan to use the internet services of any bank in the country. The …

Worldwide trends in the financial sector are creating new conditions that Ukraine should follow, especially if it wishes to create a more transparent and open payment market that is attractive …

The Bank of Russia is working on the creation of an automated information disclosure control system (ACRI) that will simplify the supervision work of the regulator. Specifically, ACRI will serve …

The National Bank of Kazakhstan, together with the banking community, is implementing a number of new initiatives on the digitization of financial services such as its launch of the interbank …

The Union of Banks of Kyrgyzstan has met with representatives of Kyrgyzstan’s Financial Intelligence Unit about establishing a digital information exchange system with the intelligence agency. The exchange channels are …