BFC Bulletins Monthly News Digest

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 …

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 …

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 …

1991 Open Data Incubator, the National Bank of Ukraine and OTP Bank JSC have announced the launch of a joint incubation program for OpenTechnology start-ups called Open Banking Lab. The …

Alfa-Bank, like many banks in Russia, is undergoing a digital transformation. The bank has divided this transformation into two main areas: customer-related and internal. Digitalization related to customer experiences includes …

According to a survey conducted by audit and consulting company EY, Russia is third among the top 20 largest world markets in terms of the penetration of financial and technological …

Polish-based mBank has begun licensing its mobile and online banking system to other financial institutions outside Poland, with France’s La Banque Postale (LBP) being the first to sign up. mBank …

The conclusions of a World Bank report on the development of digital technologies in Central Asia are disappointing. Experts found that expensive and difficult access to the internet has become …

ICTForum 2017, held in Uzbekistan, allowed participants to come together to discuss online banking, payment systems, payment through social networks, cloud solutions for banks, blockchain and other related topics. The …

TBC Bank is offering its clients a chance to win prizes from a raffle they will be conducting on December 31, 2017. Clients will receive credit for each internet or …

In an increasingly digital world, people are expecting more from the technologies they use every day, and customers are increasingly becoming “hybrid”, i.e. using both online and offline solutions. As …

For many Georgians, banking just became a little easier via ebanking.ge. The site, operated by Terabank, has been redesigned with a new interface and system that now allows users to …

The Ministry of Transport, Communication and High Technologies of Azerbaijan is negotiating the mutual recognition of signatures with Iran, Qatar, Turkey and Ukraine. Azerbaijan has also signed an agreement with …

Between January and August of this year, cashless payments amounting to AZN 696 million were carried out in Azerbaijan via POS terminals. This represents a 33% increase (AZN 173 million) …

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Find out six ways CIOs can drive digital transformations and lead their companies to increased revenue. The Transformation of the Digital Banking Chief Information Officer (CIO) Infographic: the state of …

Mobile wallet use is growing. Most consumers (65%), however, want one payment application on their phone, and most would prefer that that application be from their bank. This presents a …

The National Bank of the Kyrgyz Republic (NBKR) is insisting that the laws and regulations of Kyrgyzstan prohibit mobile operators from allowing customers to use their mobile balances to pay …

Finovate and the Fintech Cocktail Club joined up to determine what’s trending and what’s not in U.S. Fintech. Regtech was found to be the hottest trend, with artificial intelligence, open …

Raiffeisen Polbank in Poland has launched a mobile banking application for factoring, the first such mobile app on the Polish market. The application allows users to submit invoices for funding, …