Uzbekistan’s technology sector has been experiencing a boom in 2022, with thousands of IT specialists and major technology companies relocating to Tashkent. Moreover, fintech services in the country are becoming …
Read More »The State of Mobile Bank in Kazakhstan
Markswebb recently released its Mobile Banking Rankings: Kazakhstan 2022, finding the following key insights regarding the development of mobile bank in Kazakhstan: There is no unified vision of user experience …
Read More »BFC FinTech Monitor (21st July – 17th August)
Stay up-to-date on all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World #Reports and Studies The volume of investment in …
Read More »CEO Digital Transformation Toolkit
We are delighted to present the final part of a three-part blogpost series highlighting the information presented in the keynote speech delivered at Triple Jump’s Driving Impact through Digital Transformation …
Read More »Four Innovative Investing Companies on Forbes 2022 Fintech 50 List (Video)
Despite a year filled with the turmoil caused by interest rate hikes, Russia’s war on Ukraine and inflation, four innovative fintechs focused on investing have managed by sign up millions …
Read More »Cryptoassets in the Metaverse Represent a Systemic Risk
An open and decentralized metaverse, which is likely to become a reality at some point in the future, implies some way of owning and transacting using digital objects that are …
Read More »Swift to Face Increasing Challenges in Cross-Border Payments
Domestic digital payment usage surged during the pandemic, and now customers are increasingly demanding a similar revolution in cross-border payments. At the center of this is the Swift network, which …
Read More »Digital Wallet Users to Exceed 5.2 Billion by 2026 (Infographic)
A new study from Juniper Research has found that the total number of digital wallet users will exceed 5.2 billion globally by 2026, up from 3.4 billion in 2022. The …
Read More »BFC FinTech Monitor (23rd June — 20th July)
Stay up-to-date on all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World #Reports and Studies According to a study by …
Read More »Detoxing from the Digital Transformation Hype
On June 29, 2022, BFC was honored to host Triple Jump’s ‘Driving Impact through Digital Transformation’ luncheon during MFC’s ‘24th Annual Conference’ in Istanbul. The luncheon’s keynote speaker, Ms. Floreta …
Read More »What’s Happening with Fintech in Ukraine
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 »Measuring Digital Transformation
Continuing with our follow-up of the keynote speech delivered at Triple Jump’s ‘Driving Impact through Digital Transformation’ luncheon (held during MFC’s ‘24th Annual Conference’ in Istanbul on June 29, 2022), …
Read More »6 New Small Business Banking Trends
The future is looking bright for small business banking. Here are 6 new trends in the sector that are important to keep an eye on: Digital service integration – as …
Read More »What Are Stablecoins, and Why Are Some So Concerned about Them? [Video]
Stablecoins are being touted as everything tokens like bitcoin and ether aren’t. Whereas the price of cryptocurrencies can fluctuate greatly, stablecoins are designed to be worth the same as a …
Read More »Non-Binary Persons Feel Discrimination in Financial Experiences
A new study from Mastercard has revealed that non-binary persons feel discrimination in their financial experiences. Specifically, the study found that: 68% of non-binary persons’ IDs feature the name and …
Read More »BFC FinTech Monitor (23rd May — 23rd June)
Stay up-to-date on all the latest FinTech news and information from around the world in the BFC FinTech Monitor. Around the World #Reports and Studies According to a report by Curity, …
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 »Fintechs Luring Skilled Staff Away from Banks and Tech Giants
New analyses are showing that the staff of major banks and some of the world’s largest tech giants are increasingly pursuing opportunities with fintech startups. This includes bankers, engineers, data …
Read More »BIS Features CBDCs as the Center of a Future Monetary System
The Bank for International Settlements (BIS) has drawn up a blueprint for a future monetary system that is grounded in central bank digital currencies (CBDCs), noting in its Annual Economic …
Read More »Metaverse to Reach USD 5 Trillion Value by 2030
According to a recent study by Mckinsey and Company, the value of metaverse is expected to reach USD 5 trillion by 2030, including e-commerce (USD 2–2.6 trillion), virtual learning (USD …
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