The financial services industry is in the midst of a significant transformation, with much of this push for change being driven by consumers’ demand for more convenient payment solutions. While …
Read More »Lack of Knowledge the Main Barrier to Cryptocurrency Adoption
The Economist Intelligence Unit recently published the Digimentality 2021 report, a study of complications associated with cryptocurrencies. The study was commissioned by Crypto.com and contains a survey of 3,053 people …
Read More »Central Bank Digital Currencies Likely to Disrupt Financial Systems
The declining use of cash and associated rise of digital payment systems, while providing convenience through improved mechanisms that reduce cost and improve speed and resiliency, have helped create oligopolies …
Read More »Joint SWIFT/Accenture Paper Explores What CBDCs Mean for Payments
A new joint paper from SWIFT and Accenture looks at the opportunities and challenges of central bank digital currencies (CBDCs). In particular, the paper examines CBDCs as a vehicle for …
Read More »Bison Trails Report Highlights Global Move Toward CBDCs
The potential launch of private cryptocurrencies has served to motivate central banks around the world to develop their own central bank digital currencies (CBDCs). In fact, a recent report from …
Read More »Modernizing Banking for an AI Future
Artificial intelligence (AI)-based financial institutions are the wave of the future, providing the most intelligent value propositions delivered through compelling journeys and experiences. But creating such an institution requires a …
Read More »Using Fintech to Power Transformation and Inclusion
Moving past the pandemic, it’s time to focus on building a brighter tomorrow…and fintech has a place to play transforming marketplaces and bridging financial gaps. Let’s examine this idea further …
Read More »Gartner Identifies Top 10 Government Technology Trends for 2021
Gartner Inc. has identified the top 10 government technology trends for 2021 that have the potential to accelerate digital innovation and optimize or transform public services, especially in the wake …
Read More »Deloitte Report Reveals the Future of Financial Services
Deloitte has published their A Higher Bottom Line: The Future of Financial Services report, in which experts name the main challenges and promising technologies for financial institutions over the next …
Read More »FinTech Apps Outperform Traditional Finance Apps Amid Pandemic
According to a new report commissioned by the app marketing platform Liftoff and published by the mobile analytics platform App Annie, economic uncertainty surrounding the COVID-19 pandemic has spurred a …
Read More »Raiffeisenbank Releases FinTech Forecasts 2025 Report
Raiffeisenbank’s Center for Technological Innovation has prepared their FinTech Forecasts 2025 report, outlining what they believe will be the major FinTech developments in the Russian market over the next 4 …
Read More »JPMorgan Chase CEO Highlights the Threat of FinTechs to Traditional Banks
Jamie Dimon, chairman and CEO of JPMorgan Chase, listed FinTechs as one of the “enormous competitive threats” to banks during his annual shareholder letter. In particular, he noted the great …
Read More »The Value of AI in Banking
Financial institutions aiming to compete in global and regional markets need a well-rounded artificial intelligence (AI)-and-analytics capability stack comprised of 4 main layers: (1) reimagined engagement processes, (2) AI-powered decision-making, …
Read More »(Video) What in the World Are NFTs?
Investors have been spending millions on digital collectibles, using non-fungible tokens (NFTs) to prove ownership of these digital assets. But what exactly are NFTs and how do they work? Let’s …
Read More »Highlights from FinNext 2021
Speakers at the 9th FinNext Financial Innovation Forum covered a wide variety of topics, ranging from biometrics and omnichannel developments to the decreasing popularity of plastic cards and the rise …
Read More »Key FinTech Trends to Follow in the Coming Years
During his speech at the 9th FinNext Financial Innovation Forum, Oleg Chanchikov (senior director for innovation and strategic partnerships at Visa in Russia) outlined the main FinTech trends to follow …
Read More »Video: Insurtech Innovation Day 2021
Industry experts gathered online to give presentations on the most fascinating new InsurTech solutions from startups in Kazakhstan, Russia and Ukraine at the Insurtech Innovation Day 2021 conference. Held on …
Read More »4 Recent Developments for the Cryptocurrency Sceptic
The world is abuzz with cryptocurrencies and the concepts and technologies that drive them. At the same, there are many that are resistant to them, believing them to be the …
Read More »FinTech’s Boom Beyond Financial Institutions
A race is on to supply non-FinTechs with backend financial technology that improves customer experiences (e.g. adding financial services to their offering). A good example of this is Shopify, which …
Read More »Data Science Set to Replace ‘Gut Feelings” in Investment Decisions
For most of investment history, the most successful investors purportedly have the ability to make sound financial decisions from having a good ‘gut feeling’. But with the onset of artificial …
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