2021 was a seminal year for crypto, and 2022 is poised to follow up with yet another big year. Here are 10 predictions for crypto in 2022, divided into 5 …
Read More »Financial Services Industry Struggling with Rapid Rate of Digital Transformation
A survey of 300 technology and IT executives across North America, Europe and the Asia-Pacific region has found that financial service firms are struggling to keep up with the unprecedented …
Read More »Key Findings of Dentons’ AI Survey
Dentons has conducted a survey of global business leaders on their organizations’ use of artificial intelligence (AI). The results of the survey reveal that companies around the world recognize the …
Read More »Top 9 Fintech Trends Moving into 2022 (Video)
https://www.youtube.com/watch?v=vzW7DovBl_k Fintech’s disruptive nature has already changed the financial sector in a myriad of ways. As fintech continues to grow and companies look for ways to improve banking experiences (or …
Read More »7 Payment Predictions for 2022
The way that we pay for goods and services seems to be ever-changing, with new technologies leading to new innovations in how to transfer payments. This will no doubt continue …
Read More »Financial Institution Positioning for Long-Term Post-Crisis Success
According to McKinsey’s Global Banking Annual Review, financial institutions have just 18–24 months to position themselves for long-term success in the post-recovery period. In particular, the Review suggests that financial …
Read More »What’s Holding Blockchain Back?
Though blockchain has many advantages, it still has a lot of growing pains to go through before its full potential can be unlocked. Here are a few of the main …
Read More »BIS Report Highlight Need for DeFi Regulation
The Bank for International Settlements (BIS) recently published a report on non-bank financial intermediaries. In the report, BIS assessed the decentralization of decentralized finance (DeFi) as “an illusion”. In particular, …
Read More »6 Visions of Artificial Intelligence
With the disruption of artificial intelligence (AI) solutions increasing, it’s important to think about what positive economic futures we want these AI solutions to help drive. The World Economic Forum …
Read More »The State of Kazakhstan’s Digital Tenge
Binur Zhalenov, chairman of the board for the Center for Development of Payment and Financial Technologies of the National Bank of Kazakhstan, recently spoke at the FinTech without Borders: Digital …
Read More »Why Financial Institutions Are Looking to the Cloud
GFT, which has been working with the cloud since its inception, recently commissioned a study (conducted by HTF Research) of how financial institutions view the cloud. This insightful infographic highlights …
Read More »First-Ever Independent SME and Agricultural Financing Sales & Service Quality Audit Conducted in Uzbekistan
Experts from Business & Finance Consulting GmbH (BFC), with support from the Central Bank of Uzbekistan, recently presented the results of the first-ever independent sales & service quality audit (SSQA) …
Read More »Smart ATMs: A Bright Opportunity for Financial Institutions
Kirill Ovsyannikov, deputy general director for strategic directions at the Lithuanian company BS/2, recently spoke about how smart ATMs represent a new opportunity for financial institutions. IMF head: cryptocurrencies not …
Read More »Digital Transformation: The Ongoing Efforts of the Central Bank of Uzbekistan
Speaking at the 2nd international PLUS forum (entitled FinTech without Borders: Digital Asia), Shukhrat Fayzullaev, deputy director of the Payment Systems Department of the Central Bank of Uzbekistan (CBU), spoke …
Read More »Top Technology Trends for 2022
Each year, Gartner identifies technology trends that are critical to business. This year’s list consists of 12 strategic trends that will enable CEOs to deliver growth, digitalization and efficiency as …
Read More »McKinsey Report Highlights “Inevitable Changes” from CBDC Adoption
On the first day of the Sibos 2021 online conference, McKinsey released it annual Global Payments Report. Overall, the report outlined a positive (albeit somewhat unbalanced) forecast for post-COVID financial …
Read More »Digital Development in the CIS
Economists often say that the financial infrastructure is the circulatory system of any economy. When thinking about economies on a supranational level however, things quickly become more complex. As the …
Read More »100,000 Banking Jobs to Disappear in Next 5 Years
Analysts at Wells Fargo have predicted that over 100,000 banking jobs could be displaced by technology over the next 5 years. This includes approximately two-thirds of back-office jobs and one-third …
Read More »Four Keys for Successful Post-Pandemic Financial Institutions
While many point to the COVID-19 pandemic as being a massive disruption to the banking industry (and it is), the fact is that the industry was already experiencing tumult prior …
Read More »The Big Business of Deep Tech
In recent years, an increasing number of European corporations in non-technology sectors are investing in and/or forming partnerships with startups and smaller companies engaged in developing solutions based on emerging …
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