BFC Bulletins Monthly News Digest

Mastercard has tested and validated its own blockchain and will be opening access to it via a set of three APIs published on the Mastercard Developers website. The APIs include …

M.Video (Russia’s largest consumer electronic retailer), Sberbank Factoring and Alfa-Bank have launched an open consortium aimed at the commercial use of blockchain-based technologies in the financial sector. The new platform …

The head of the International Monetary Fund (IMF), Christine Lagarde, believes that bitcoin and other cryptocurrencies do not pose a threat to central banks and traditional currencies. Moreover, she has …

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 …

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 …

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 …

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 …

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 …

Learn about the difference between bitcoin and blockchain by watching this short video: BFC FinTech Monitor 3rd – 10th April Video: how to successfully navigate an ever-changing financial space Infographic: …

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. FinNext 2018 conference …

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 …

Take a short test to evaluate the level of Digitalization in your bank’s operations. Take the test here. Forget why FinTech is good; here’s why cash is bad 12 expert opinions …

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. Open banking platforms Video: RegTech trends …

Find out the best practices for achieving an efficient digital transformation. FinTech in a post COVID-19 world Infographic: the top 10 trends in payments for 2018 Data’s role in digital …

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 …

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 …

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 …

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 …

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 …

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 …