BFC Bulletins Monthly News Digest

Last year, several changes occurred in the payment behavior of consumers. Most notably, the number of non-cash transactions jumped dramatically, and contactless payment methods (especially relevant with the ongoing pandemic) …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World Visa has announced the launch of its AI-powered …

While market dynamics and financial infrastructure vary greatly by country and region, it is clear that changes across financial markets have 2 commonalities: digitization and cashlessness. Both of these inevitabilities …

Mobile-only financial institutions are revolutionizing personal banking, offering faster, cheaper, more secure and easier-to-use products and services via a simple Android or iOS app. Not to be confused with the …

The COVID-19 pandemic pushed consumers into using digital channels at a pace never imagined, with online banking use increasing 23% and mobile banking use increasing 30% during the pandemic. These …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World Analysts at CB Insights have prepared a report …

BPC Banking Technologies, a company that offers smart digital solutions and works with banking institutions and neobanks, has analyzed global markets and determined that the following 4 trends will define …

he Bank for International Settlements (BIS) recently conducted a study on central bank digital currencies (CBDCs), finding that 86% of central banks worldwide are exploring the benefits and drawbacks of …

Traditional financial institutions have worked tirelessly to develop their own unique methodologies for assessing the creditworthiness of clients, typically relying on data collected from private credit bureaus. While the ultimate …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World Organizers of the World Economic Forum are devoting …

Consumer-oriented financial institutions are traditionally known for having more personal relationships with their customers due to the intimacy of personal finances. But in 2020, many such financial institutions have found …

MINDSMITH, a technology think tank, recently carried out a semantic analysis of publications from 191 central banks around the world. Interestingly, they found that 74% of the world’s central banks …

Artificial intelligence (AI) is starting to deliver on its potential, with its benefits for businesses really shining amid the pandemic. For example, chatbots have helped answer a flood of pandemic-related …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World Mastercard has launched a cybersecurity center …

The world 0f 2025 will be characterized by a very different landscape from the one we lived in just a few short years ago. While this will include some positive …

2020 was a difficult year. At the same time, it did facilitate extraordinary progress in digital transformation. Against this backdrop, here are some of the biggest predictions for 2021: Companies …

The COVID-19 pandemic has fundamentally changed the way we interact and conduct business. And, although many FinTechs initially struggled with the onset of COVID-19 (due to increasingly limited access to …

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World The number of neobanks around the …

As remote operations become normalized and consumers continue to adapt to (and embrace) technologies that simplify financial transactions, there are certain FinTech trends that can be expected to continue in …

Every financial institution that wants to remain relevant in the future must embrace digital banking transformation trends, especially these 7 that are expected to dominate 2021: Increased focus on digital …