Digitization and the development of innovative technologies have contributed to the active transition of the banking sector to remote payment channels. In total in the first three quarters of 2017, …
Read More »Five undeniable truths of digital banking
Complacency is a bank killer, impacting the ability of a bank to compete and respond to the changing needs of consumers. The best defense against complacency is to accept these …
Read More »Number of bank branches in the Czech Republic decreasing
The number of bank branches in the Czech Republic has been significantly decreasing in recent years. At the end of 2016, there were 2,046 bank branches in the country, 8% …
Read More »The pros and cons of internet banks
Online banking has become the norm for many simple bank transactions, making it easier for customers to check their accounts, pay their bills and move money from one account to …
Read More »Hitting the sweet spot of banking: branches vs. digital
Bank customers fall into three broad groups: conventionals (the 35% of customers who prefer to conduct their banking business face-to-face at traditional banks or credit unions), digitals (the 35% of …
Read More »How to successfully introduce artificial intelligence in the Uzbek banking sector
Artificial intelligence (AI) will help increase the efficiency of banks in Uzbekistan. Manguberdi Abdukarimov, specialist at the National Bank of Uzbekistan, explains that AI is used in foreign banks in …
Read More »The increasing importance of digital banking in the Asia–Pacific region
Customer adoption of digital banking channels is growing steadily across the Asia–Pacific region, making digitization increasingly important for driving new sales and reducing costs. A recent study identified three counter-intuitive …
Read More »Monobank: a mobile bank with no physical branches
Monobank, the debut project of a Ukrainian FinTech company, is proving to be a strong new competitor in Ukraine’s mobile banking industry. The bank, with its lack of infrastructure, is …
Read More »Traditional U.K. banks lagging behind challengers in offering digital banking services
A recent survey of U.K. banks has found that traditional banks are losing ground to challenger banks when it comes to digital banking services. The survey showed the surprising lack …
Read More »Penta: a new digital bank for startups and SMEs
German company Penta is partnering with solarisBank to launch a new digital bank that has been designed to meet all the needs of startups and small- and medium-sized enterprises (SMEs). …
Read More »Experts believe retail banking will move completely online within 20 years
The results of a recent survey conducted in Russia show that a majority (75%) of independent experts and banking association members believe that all retail banking will move to the …
Read More »Video: banking on digital innovation — APIs
Imagine expanding your business and monetizing your bank’s data; imagine bringing services together and delighting your customers. APIs can connect your bank to a whole ecosystem of business. With a …
Read More »Infographic: what is open banking?
Open banking provides reliable financial advice that is tailored to each customer’s particular circumstances and that is delivered securely and confidentially. Click here to find out more about open banking. …
Read More »Infographic: how APIs make or break success in digital world
SmartBear Software recently released the results of a global API survey, which included responses from more than 2,300 software professionals in over 50 industries and from 104 countries. The report …
Read More »Video: open APIs – the future of banking and finance
In the world of finance, open APIs represent a possible technological revolution. This Swiss Fintech Innovations video shows how open APIs work and gives a taste of what the future …
Read More »FinNext 2018 conference to be held in Moscow on February 15th
FinNext 2018 will be held on February 15, 2018 at the Digital October conference center in Moscow. The event will bring together more than 600 participants and will feature 50 …
Read More »Survey finds fintech firms moving from bank foe to bank friend
For the tenth consecutive year, Temenos has conducted a comprehensive banking survey, covering areas such as the industry’s corporate and IT priorities, business challenges, competitive trends and progress to becoming …
Read More »U.K. software company to test innovative regtech platform in Armenian financial sector
Ariadne, a London-based regulatory technology (regtech) designer, is hoping to test an innovative regulatory and compliance platform in the Armenian financial sector. Regtech has been growing fast in recent years; …
Read More »Pasha Bank to introduce mobile e-signature capabilities
Pasha Bank will become the first in Azerbaijan to introduce the Asan Imza electronic certificate. This e-certificate will act as a mobile e-signature, allowing customers to verify their identity electronically …
Read More »Banks and fintech companies in “war for talent”
Europe’s fintech industry, which includes challenger banks and online-only lenders, has rapidly expanded over the past 10 years, giving fierce competition to traditional financial institutions. This competition has led to …
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