As Russia’s war in Ukraine nears the 5-month mark, it’s important to take a look at what’s happening with fintech in Ukraine. From the regulator perspective, the National Bank of …
Read More »The Impact of the War on Fintechs
Russia’s ongoing war in Ukraine has had a tremendous impact on the world, including fintechs. For Russian fintechs, the waves of sanctions have had a major impact as modern technological …
Read More »Refugee Finance in times of uncertainty: mitigating risks and identifying opportunities
Interested in learning more about the Ukrainian refugee crisis and the financial issues resulting from it? Business & Finance Consulting (BFC), in close partnership with Microfinance Centre (MFC) and Triple …
Read More »Stepping Up to Offer Ukrainian Refugees Financial Services
From leaving behind everything they own to not knowing the fate of loved ones, refugees fleeing the war in Ukraine face numerous tremendous challenges. An often overlooked challenged is a …
Read More »Fintech Mobilizes for Good
With the world motivated to assist the Ukrainian people, industries are mobilizing themselves to help those that need it the most. And the fintech industry is no different. As Ukraine’s …
Read More »Regulating Crypto in a Time of War
With the war in Ukraine continuing to rage, governments in the European Union and United States have been actively working to answer many relevant questions related to crypto assets and …
Read More »5 trends for Ukraine’s financial market in 2021
Each end of the year, there are a myriad of lists outlining the hottest trends for the coming year. This is one of those. Let’s take a look at the …
Read More »Digital banking’s rise over classical banking
Digital banking was on pace to develop slowly, mired in the shadow of classical banking. This was especially the case in many emerging markets. However, the COVID-19 pandemic has complicated …
Read More »e-Hryvnia getting closer to launch
The National Bank of Ukraine (NBU) began working on the development of a digital version of its currency 4 years ago and began piloting it 2 years ago. This is …
Read More »Integrating customer ecosystems: tips for financial institutions
Victoria Omelchenko, CEO of the Ukrainian IT company Banza, recently presented her Client Ecosystems: The Art of Integration report at the Financial and Digital Ecosystems for SMEs: Update 2020 forum. …
Read More »Ukrainian startup unveils predictive smart platform
The Kiev-based startup company IntelSoft has created a smart platform that is capable of detecting bank fraud and disgruntled consumers at a rate that exceeds 90%. The platform uses mathematical …
Read More »Ukraine’s steady march away from cash
According to recent data released by the National Bank of Ukraine, the country is moving progressively toward cashless, as is evidenced by the following: During the first 6 months of …
Read More »How financial institutions are supporting SMEs in the CIS and the Caucasus with non-financial services
There has been a large focus on how financial institutions are responding to the COVID-19 pandemic; however, much of that focus has been of the financial services they are offering …
Read More »National Bank of Ukraine updating financial sector development strategy
The National Bank of Ukraine is updating its development strategy for the financial sector, taking into account the COVID-19 pandemic. Specifically, they plan to: Consider the possibility of transferring the …
Read More »The COVID-19 crisis as a catalyst for cashless payments in Ukraine
The COVID-19 crisis is changing how people go about living their lives and could be a catalyst for permanent change in Ukraine. With increased restrictions on movements and gatherings as …
Read More »COVID-19’s impact on Ukrainian FinTech
The COVID-19 crisis is impacting the way Ukrainians work, live and conduct business. For FinTechs, this represents a tremendous opportunity as Ukrainians with low levels of financial literacy and a …
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 »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 »How the largest Ukrainian bank process Big Data
PrivatBank is the largest bank in Ukraine. It serves more than 19 million customers. Here’s everything you need to know how the bank processes customer data. Data sources The …
Read More »PrivatBank launches open API platform
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 …
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