BFC Bulletins Monthly News Digest

The modern consumer has become accustomed to managing virtually everything from their smartphone, and they have come to expect the same from banking. As banks move to becoming nearly 100% …

Baku is set to host the second Finance and Investment Forum (FIF 2018) on May 5, 2018. The forum will last for 3 days and will feature 12 local and …

Digitization and the development of innovative technologies have contributed to the active transition of the banking sector to remote payment channels. In total in the first three quarters of 2017, …

Complacency is a bank killer, impacting the ability of a bank to compete and respond to the changing needs of consumers. The best defense against complacency is to accept these …

The number of bank branches in the Czech Republic has been significantly decreasing in recent years. At the end of 2016, there were 2,046 bank branches in the country, 8% …

Bank customers fall into three broad groups: conventionals (the 35% of customers who prefer to conduct their banking business face-to-face at traditional banks or credit unions), digitals (the 35% of …

Online banking has become the norm for many simple bank transactions, making it easier for customers to check their accounts, pay their bills and move money from one account to …

Artificial intelligence (AI) will help increase the efficiency of banks in Uzbekistan. Manguberdi Abdukarimov, specialist at the National Bank of Uzbekistan, explains that AI is used in foreign banks in …

Customer adoption of digital banking channels is growing steadily across the Asia–Pacific region, making digitization increasingly important for driving new sales and reducing costs. A recent study identified three counter-intuitive …

Monobank, the debut project of a Ukrainian FinTech company, is proving to be a strong new competitor in Ukraine’s mobile banking industry. The bank, with its lack of infrastructure, is …

A recent survey of U.K. banks has found that traditional banks are losing ground to challenger banks when it comes to digital banking services. The survey showed the surprising lack …

German company Penta is partnering with solarisBank to launch a new digital bank that has been designed to meet all the needs of startups and small- and medium-sized enterprises (SMEs). …

The results of a recent survey conducted in Russia show that a majority (75%) of independent experts and banking association members believe that all retail banking will move to the …

Imagine expanding your business and monetizing your bank’s data; imagine bringing services together and delighting your customers. APIs can connect your bank to a whole ecosystem of business. With a …

Open banking provides reliable financial advice that is tailored to each customer’s particular circumstances and that is delivered securely and confidentially. Click here to find out more about open banking. …

SmartBear Software recently released the results of a global API survey, which included responses from more than 2,300 software professionals in over 50 industries and from 104 countries. The report …

In the world of finance, open APIs represent a possible technological revolution. This Swiss Fintech Innovations video shows how open APIs work and gives a taste of what the future …

FinNext 2018 will be held on February 15, 2018 at the Digital October conference center in Moscow. The event will bring together more than 600 participants and will feature 50 …

Ariadne, a London-based regulatory technology (regtech) designer, is hoping to test an innovative regulatory and compliance platform in the Armenian financial sector. Regtech has been growing fast in recent years; …

For the tenth consecutive year, Temenos has conducted a comprehensive banking survey, covering areas such as the industry’s corporate and IT priorities, business challenges, competitive trends and progress to becoming …