BFC Bulletins Monthly News Digest

Many experts think that 2020 will become a year of greater changes and transformation in financial industry. Let’s have a look at the trends that are expected to disrupt banking …

By now, alternative banking service providers (e.g. PayPayl, Venmo, Square) are well-known players in the payment industry. Less known is how many of these companies are expanding into other banking …

With the rise of new payment solutions such as Apple Card and Amazon Go, we are seeing a disintermediating (or de-coupling) or the traditional banking industry from the business of …

Facebook has introduced Facebook Pay, a unified online payment system for Facebook, Instagram, Messenger and WhatsApp. Facebook Pay is designed to simplify transactions made through the sites while also ensuring …

The payment industry continues to expand and evolve, with digital payment vehicles and transaction volumes growing across the globe. Experts anticipate that 2020 payment trends will push the development of …

Ingenico, a global leader in seamless payments, have analyzed the disruptive trends likely to transform the payment industry in the future and come up with 5 predictions for payments in …

Business-to-business (B2B) payments are expected to continue their advance and become any even more popular payment method in 2020, reaching USD 23.1 trillion in the U.S. alone. This boom in …

People are gradually moving away from plastic cards, as evidence by the fact that more and more payment cards are being tokenized into mobile phones. With this trend especially popular …

Over the last five years, mobile payments have grown, grown and grown some more. In 2017, wallet spending amounted to USD 1.35 trillion. In 2018, that figure rose to USD …

Banking consumers the world over have increasing expectations of convenience, driving one of the most common trends in banking innovation: omnichannel experiences. Modern banking reality is that consumers expect to …

Ever since the financial crisis of 2008, the vast majority of financial institutions have sought to deliver profitability through cost cutting and efficiency measures. While these strategies have worked to …

Globally, a vast army of neo banks are targeting all sorts of consumer and small-business niches – from millennial investors to dentists and franchise owners – and emerging as a …

As the banking sector continues its march down the digitization road, patterns have emerged that allow for an objective assessment of whether a financial institution is making serious progress on …

Technology has changed the way we do business in every sector, and banking is no exception. Banking 2020 will be about living up to customers’ expectations without sacrificing the safety …

Russia’s banking market has already proven itself to be very dynamic. But with changing regulations, new business models and new innovations coming to market, 2020 promises to be an interesting …

Although there have been a myriad of changes in the banking sector that have made banking processes faster, easier and more convenient, the basic concepts behind them remain largely unchanged. …

Mobile banking is a huge demand from banking customers as well as a major piece of many financial institutions’ marketing strategies. With that in mind, Juniper Research came up with …

Personal finance management (PFM) systems are starting to gain traction in terms of popularity, growing from a market of USD 795 million in 2016 to a project market of at …

There has been an exponential uptick in the number of platforms, applications and tools based on machine learning and artificial intelligence (AI) technologies in recent years. Here are 10 AI …

With 2020 just around the corner, it’s important to take note of 6 new data and analytics trends. Specialization – companies are now starting to look for professionals explicitly well-versed …