BFC Bulletins Monthly News Digest

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 …

2019 was an exciting year for the insurance industry, with technological advancements providing fundamental changes to nearly every aspect of the business. Given that the only way insurers can remain …

The internet of things (IoT) is becoming more prominent in today’s society, and it shows no signs of slowing down. Here are 6 likely possibilities for what will happen with …

Cybersecurity is one of the biggest concerns that financial institutions have today, especially with increased digitization exposing them to greater risks from hackers. Here are the top cybersecurity risks for …

Given that the Big Data market is projected to become a more lucrative field in the coming years, it seems only too appropriate to take a quick look at the …

The threat of financial losses, regulatory consequences and reputational damage has spurred financial institutions to innovate and accelerate in the field of cybersecurity. However, the intersection of cybersecurity and banking …

With technological growth accelerating at a pace never seen before, virtual assistants powered by artificial intelligence are becoming as commonplace as smartphones. In fact, an estimated 2.5 billion people worldwide …

Digital transformation continues to be a gamechanger in many industries around the world, including the financial industry. Given its importance in shaping our future, it is worth taking a quick …

Money20/20 was held earlier this year in Las Vegas. Here are 5 key takeaways from the event: The distinguishing lines between merchants and FinTechs continue to blur –  Uber created …

By the end of this year, China will boast 55.8% of global online retail sales, a figure predicted to rise to 63.0% by 2022. China’s emergence as a dominant digital …

Generation Z (gen Z) presents a new breed of consumers for financial institutions. Technologically-savvy and highly-educated, they bring a new mindset and type of consumerism for financial institutions to grapple …

With the IT modernization movement moving beyond the initial euphoria of the promises of digital technologies and into an understanding of the realities of what it will take for full …

PWC’s Financial Services Technology 2020 and Beyond: Embracing Disruption report has been released. It examines the forces that are disrupting the role, structure and competitive environment for financial institutions and …

Kazakhstan suffers from a lack of digitalization in the financial sector, as is evident by the fact that there is not a single full-fledged digital financial institution in the country. …

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, …