BFC Bulletins Monthly News Digest

The Bank of Russia is working on the creation of an automated information disclosure control system (ACRI) that will simplify the supervision work of the regulator. Specifically, ACRI will serve …

The National Bank of Kazakhstan, together with the banking community, is implementing a number of new initiatives on the digitization of financial services such as its launch of the interbank …

The Union of Banks of Kyrgyzstan has met with representatives of Kyrgyzstan’s Financial Intelligence Unit about establishing a digital information exchange system with the intelligence agency. The exchange channels are …

The National Bank of Tajikistan is asking consumers to report the shortcomings they encounter with financial institutions in the country. The regulator believes that this will help eliminate problems arising …

Bank Negara Malaysia has released a proposed guideline for open APIs in Malaysia and is currently seeking feedback from the public. Three areas of focus for the open APIs have …

New Zealand is well on the path to open banking, with Payments NZ releasing the first API standards for payment initiation and account information. A pilot test for open banking …

South Korea’s financial regulator has revealed plans to create an open interbank payment network. The system is expected to help the country foster more successful FinTech firms and rejuvenate the …

Indian-based Federal Bank has unveiled a banking platform that will allow FinTech companies to use its APIs for new products that integrate with its banking services. The creation of the …

TransUnion partnered with Forrester to research the changing financial landscape, particularly the value exchange of open banking. Take a look at this infographic to discover the opportunities that the evolution …

The Payment Services Directive 2 (PSD2) may be one of the most disruptive developments in banking and FinTech this decade. The new legal framework established has forced financial institutions to …

The Open Banking Implementation Entity took a look back at some of the highlights open banking implementation has achieved in the European Union (EU) over this past year. Video: rise …

The Payment Services Directive 2 (PSD2) and other emerging payment initiatives such as Instant Payment are impacting the way payments are completed. They present an opportunity for merchants to upgrade …

The Payment Services Directive 2 (PSD2) is a European Union (EU) regulation that aims to adapt the regulatory framework of payment services to the challenges posed by the emergence of …

A recent survey gives insights into what financial institutions think of the future of banking in the new open banking era. 41% of EU banks fail to meet important PSD2 …

With open banking changing the landscape of the banking industry, it is interesting to see how open various financial institutions are as well as what their level of experience in …

A 2016 study by KPMG and H2 Ventures found that London hosts 17 of the top 50 international FinTech companies; however, much of the talent at these companies (42%) comes …

Rapid digital transformation has not only hastened the expansion of FinTech in recent years, it has also increased the demand for FinTech skills. Moreover, this demand calls for a convergence …

Employers are increasingly turning to data analytics to improve their recruiting and other human resources (HR) processes as they compete to attract and retain the most talented people. Specifically, employers …

FinTech training courses and programs are popping up around the world. Here are 9 of the most popular for beginners and professionals alike:     Around FinTech in 8 Hours – offered …

Blockchain is becoming one of the most explored technologies around the world, including by financial institutions and governments. Moreover, there is a shortage of blockchain specialists globally, placing a premium …