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 »COVID-19 is pushing a complete transformation of the banking sector
Speaking at the Deloitte How Will COVID-19 Change the Banking Industry? webinar, Alexey Voylukov, vice president of the Association of Banks of Russia, outlined how 3 trends arising out of …
Read More »7 things COVID-19 changed in Kazakhstan’s banking sector
COVID-19 has impacted the way Kazakhstanis are living their lives, and many believe that the new normal will look very different from the old one. Within the banking sector, COVID-19 …
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 »4 ways COVID-19 is improving the banking sector of Uzbekistan
The banking system of Uzbekistan has adapted well to the COVID-19 crisis, particularly in matters that allow consumers to conduct banking transactions easily and safely. Here are 4 ways Uzbek …
Read More »BFC FinTech Monitor 5th – 12th June
Around the World: Forbes magazine has introduced a new version of The World’s Best Banks of 2020. This new version is based on consumer ratings from a survey conducted by Statista. …
Read More »BFC FinTech Monitor 29th May – 5th June
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: Boston Consulting Group (BCG) has a released …
Read More »Video: how banking will change after COVID-19
Emmanuel Daniel, founder of The Asian Banker, discusses how commercial financial institutions around the world, by and large, failed consumers during the COVID-19 pandemic as well as the emerging new …
Read More »Webinar: how COVID-19 is shaping the future of retail banking
Panel experts Mary Mack (Senior Executive Vice President and CEO of Consumer and Small Business Banking at Wells Fargo), Daniel Sheehan (Chairman and CEO of Professional Holding Corp and Professional …
Read More »Video: a conversation with Philip Augar on the future of banking systems
Philip Augar, financial expert and author on financial systems, connects with Andrew Hilton and Jane Fuller of the Centre for the Study of Financial Innovation to discuss the future of …
Read More »BFC FinTech Monitor 22nd – 29th May
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: Swiss financial holding UBS Group is …
Read More »5 ways FinTech startups are adapting to the COVID-19 pandemic
We’re now living in a new macroeconomic narrative, one with major changes taking place nearly every day. To survive in such conditions, it’s necessary to be flexible. Unsurprisingly, FinTechs are …
Read More »COVID-19 might finally bring FinTechs and financial institutions together
Despite a past of underwhelming collaborations between FinTechs and traditional financial institutions, the COVID-19 pandemic is likely to forge deeper relationships between the two as many legacy systems have proven …
Read More »New opportunities for FinTechs in a post-COVID-19 world
According to a Deloitte report on the future of banking, the COVID-19 pandemic may end up resulting in new opportunities for FinTechs in the long term. In particular, the report …
Read More »COVID-19 likely to accelerate the push for digital payments
Although the COVID-19 pandemic has brought about difficult times for many businesses, many FinTech startups are starting to see a possible silver lining in its aftermath. The pandemic has pushed …
Read More »Startups’ thoughts on the impact of COVID-19
As with most businesses, startups are preparing to deal with the long-term impact of the COVID-19 pandemic and associated measures to reduce its spread. During the recent How are Startups …
Read More »4 ways FinTechs are dealing with the effects of COVID-19
The COVID-19 pandemic is impacting nearly every type of financial service provider, and FinTechs are no exception. Most FinTechs, independent of what types of products and services they offer, are …
Read More »BFC FinTech Monitor 15th – 22nd May
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: Xiaomi has partnered with China UnionPay …
Read More »5 digital lending strategies addressing the COVID-19 situation
Although the full impact of COVID-19 has yet to be determined, it is clear that business will not be as usual for some time. In response, many financial institutions are …
Read More »FinTech lenders’ difficulties in the current pandemic
Many FinTechs lenders find themselves in a precarious position as uncertainty mounts over whether or not millions will be able to pay back their loans due to the impact of …
Read More »