BFC Bulletins Monthly News Digest

Voice-enabled assistants such as Alexa, Siri and Google Assistant are increasingly becoming an integral part of many people’s daily life. Several banks, financial institutions, and new FinTech players have already …

The universe of banking and payments is ever evolving, and 2017 saw a number of significant changes within the payment industry. Here are the top 10 key trends likely to …

The development of the open application programming interface (API) concept means major changes in the payment industry, with most banking customers now being interested in increasing the speed, simplicity and …

In many places around the world, the future of payments is here: mobile wallets. Take a quick look at why and how mobile wallets are taking over in this FinTech …

Spanish banking company BBVA is testing a facial recognition system in its internal cafeterias as part of an effort to make payments “invisible”. The system is able to recognize user …

On May 22, 2018, London will host more than 600 delegates from across the financial industry spectrum at the Global RegTech Summit. Register to: Find out strategies for financial institutions …

Swiss RegTech Conference 2018 will be held at Swisscom Arena in Zurich on April 24, 2018. Leading Swiss policymakers and global technology pioneers from Switzerland, Israel and the United Kingdom …

The Armenian government has not approved amendments to the ‘Law on the Development of Digital Technologies’ or the ‘Law on State Registration of Legal Entities, Separated Subdivisions, Enterprises of Legal …

The Board of the National Bank of Kyrgyzstan has approved amendments and additions to the ‘Law on Electric Money in the Kyrgyz Republic’ in order to clarify the procedure for …

RegTech startups that offer solutions for financial regulatory requirements are being invited to join Accenture’s sixth FinTech Innovation Lab for the first time. Accenture made the decision to increase in …

The widespread online exchange of currency in Uzbekistan is expected to begin in April 2018. The process began with a decree from the Uzbek President in September 2017 to liberalize …

As FinTech continues to become an important aspect of how financial markets all over the world operate, pressure from Kazakh regulators and information attacks directed against the online lending sector …

In Kazakhstan, the rigid regulations of financial companies now also apply to online lending companies, leaving many to wonder if FinTech companies can thrive (or even survive) under such conditions. …

FinTech is becoming of crucial importance for financial institutions, influencing nearly every financial activity and transforming money management channels. The financial sector in Georgia is no different; here’s a quick …

The government of the United Kingdom (UK) has unveiled its first FinTech sector strategy. A cryptoassets task force (consisting of Her Majesty’s Treasury, the Bank of England (BoE) and the Financial …

MasterCard and IBM have founded Truata, an independent trust that will allow companies to conduct analytics while complying with the upcoming General Data Protection Regulation (GDPR) of the European Union …

The Financial Conduct Authority (FCA) of the United Kingdom is examining how technology can help firms meet regulatory reporting requirements and, potentially, improve the quality of the information provided to …

A new action plan from the European Commission (EC) is aiming to support the growth of technology-enabled financial services. The action plan, due to be launched in spring 2018, will …

Christian Visti Larsen (CEO at NewBanking ApS), Anastasia Dokuchaeva (head of partnerships at ClauseMatch) and Nathan Snyder (a partner at Brickendon) outlined their top trends for RegTech in 2018: Resolving …

Chris O’Driscoll, head of disruptive change at PA Consulting Group, believes that it is important for RegTech that there is a collaborative system between banks, insurers, asset managers, regulators, tech …