BFC Bulletins Monthly News Digest

VTB Bank’s express money transfer system now includes Nova quick payment terminals. All across Georgia, five thousand Nova terminals have been placed, allowing money to be sent within minutes. Transfer …

In order to ensure better reliability for customers and timely customer notification, VTB Bank in Armenia has launched a free SMS notification service for customers. Bank customers will be able …

Poland’s Idea Bank has launched the world’s first ‘pay-as-you-drive’ car leasing model. The “Happy Miles” model calculates payments for leased cars based on the distance a car travels. A GPS …

There are more than 2000 startups offering traditional and new financial services today, the number growing more than twofold during the last year. Retail, commercial and large corporations are all …

As banking presumes to a new era, the era of digital banking, the CIO (Chief Information Officer) also has to adjust. Today’s CIO in the banking industry is expected to …

Digital-only B1NK, part of Capital Bank Kazakhstan, has unveiled the region’s “first” chat and payments bot – using Telegram Messenger. Gani Uzbekov, CEO, Capital Bank Kazakhstan, confirms that people of …

The bank ВТБ (Azerbaijan) completed the first phase of implementation of the Electronic Document Management (EDM) system. The decision came from the need to optimize the bank’s internal operational processes …

Fintech is a hot market. All around the world, startups are launching, challenger banks are formed, and fintech is on everybody’s lips. In this free webinar, is revealed how banking and …

An interesting case study for the one considering moving towards Data Field Acquisition. The objective of this study is to provide clarity on the impact of Digital Field Applications (DFAs) …

“Alternative Delivery Channels and Technologies” is a very useful handbook for those interested to keep up with the innovative information and communication technology. The beauty of this reading is that …

A must read winter holiday book; the seminal work on disruptive innovation — for everyone confronting the growth paradox. The authors of the book, Clayton Christensen and Michael Raynor, expand …

With Bitcoin’s underlying use of blockchain technology and Sweden piloting a new land registry that also makes use of blockchain, many are now asking: “what is it?” In short, blockchain …

Time-consuming, lengthy and rigid procedures for financing began to frustrate borrowers following the 2008-2009 global financial crisis, especially when banks started to become stricter about loan disbursements. This has opened …

The simple fact is that banks are not currently good with data. When someone involved with technology talks about a single view of a customer, most banks laugh and believe …

The biggest trends in fintech today are centered on improving customer experiences, and the interfaces being designed today aim to enable users to seamlessly and effortless merge the new technologies …

On the 29th of September 2016, Samsung Electronics launched its payment service – Samsung Pay, in Russia. At the moment the service is already present in USA and South Korea …

Digital transformation has always been considered risky. It is deemed to be tricky for many reasons, among which one that has been less studied — the pushbackfrom employees who resist …

A popular affirmation among top companies has recently been marked by three important words: We must innovate!” But what does it mean exactly and why innovate? What is this Innovation …