Digital currency is gaining in popularity in Georgia, and the country even hosts two facilities of the world’s largest bitcoin-mining company. There are also an increasing number Georgian entrepreneurs mining …
Read More »Blockchain can help root out corruption in Kazakhstan
As blockchain technologies being to enter Kazakhstan in the financial sector, so do ideas for how to implement these tools in other spheres. In the future, it is likely that …
Read More »Kazakhstan may introduce a national cryptocurrency before Russia
Kazakhstan may become the first of all Common Economic Space countries to introduce its own cryptocurrency, which will likely become a digital analogue of the Kazakhstani tenge (KZT). It is …
Read More »Cryptocurrency legislation may make Azerbaijan a world cryptocurrency leader
Maryam Tagiyeva, the chief system architect of the British Research Center for Citizenship, Enterprise and Governance (CCEG), believes that Azerbaijan is in a position to become the world leader in …
Read More »The future of HR could be in blockchain technology
Financial operations are the most common application for blockchain technology; however, blockchain can also be used in other situations such as staff recruitment. Currently, relations between companies and employees lack …
Read More »What is the difference between Bitcoin and blockchain?
Learn about the difference between bitcoin and blockchain by watching this short video: BFC FinTech Monitor (21st July – 17th August) Denmark to use a cryptocurrency to help developing countries …
Read More »3 Reasons to Build with Blockchain
Blockchain can help businesses reduce multi-party transaction settlement times to nearly zero, reduce overhead and reduce the risk in tampering and collusion. Check out this short video to learn how. Infographic: digital banking …
Read More »Smart Contracts Explained
Smart contracts are computer codes with predefined sets of rules that run on blockchains and set the conditions under for how all parties to the smart contract agree to interact …
Read More »How digital is your bank? Take a short test!
Take a short test to evaluate the level of Digitalization in your bank’s operations. Take the test here. 7 things COVID-19 changed in Kazakhstan’s banking sector 7 typical use cases …
Read More »The role of CEO in digital transition
Laurent-Pierre Baculard, a partner and director in Bain & Company’s Paris office, discusses how leaders should approach digital transformation and suggests successful organizational models. Infographic: best customer identification systems for …
Read More »20 ways to achieve digital transformation
Find out the best practices for achieving an efficient digital transformation. A future without cash in Belarus 2019 to be a big year in FinTech BFC takes part in E-commerce …
Read More »Azerbaijan to host banking forum
The Azerbaijan Banks Association (ABA), in partnership with the Center for Analysis of Economic Reforms and Communication, will hold the second ‘Adaptation of the Banking System to the New Development …
Read More »Ensuring the efficiency of digital transformation
With increasingly demanding customers and competition from fast-growing Fintech companies, the urgency for banks to deliver highly-innovative new value propositions as well as maintain and improve existing products makes software …
Read More »The future of banking lies in APIs
One of the main problems faced by financial companies today is their traditional linearity. In the era of digital transformation, the lack of alternative business models and the high cost …
Read More »How banks can adapt in the digital era
In the digital era, businesses are no longer built around products and services, rather they are built around customers. This is becoming true for banks too, with traditional banking management …
Read More »The transformation of the CIO
To serve a changing market and respond to new competitors, retail banks and credit unions are rethinking and expanding the role of the Chief Information Officer (CIO). Beyond improving the …
Read More »Digital banking services in the post-Soviet space evaluated
Markswebb has prepared the Mobile Banking Rank CIS 2017. The study evaluated 86 mobile applications of 41 banks on both iPhone and Android devices, evaluating how easily users can manage …
Read More »Top 10 retail banking innovations in the world
The Efma–Accenture Banking Innovation award program is an initiative program aimed at identifying and awarding the most innovative projects in retail banking at a global level. The program, now in …
Read More »Open banking important to the future of banking services
Financial institutions are becoming more client-focused than ever before. And open banking is providing banks with the means and opportunities to reorganize their products and services in accordance with the …
Read More »Commerzbank’s focus on Digitalization
Germany’s Commerzbank has developed a multi-channel approach to providing support to its customers, using digital solutions for simple daily operations and establishing a trusting relationship with customers at the same …
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