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 »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 …
Read More »Polish mBank selling their digital banking system
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 …
Read More »Digital customer service
Video: how AI is empowering low-income women in India Video: Big Data challenges and opportunities How digital is your bank? Take a short test!
Read More »First-ever factoring app hits Polish market
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, …
Read More »Mobile data enabling banks to develop better customer service
Sberbank is developing a model of a digital office that will allow clients to use the bank’s mobile application and other alternative channels to communicate with the bank. As a …
Read More »Customer-driven card-control systems gaining in popularity
Customer-driven card-control systems are starting to become more popular. They also provide greater security and a way for customers to control their payment instruments via one smartphone-ported application. Specifically, card-control …
Read More »Alfa-Bank going mobile only
Alfa-Bank has stopped development on its internet banking to focus solely on the development of mobile banking as more and more users increasingly use that service. The bank’s concept of …
Read More »Humo launches revolutionary mobile application
The microcredit deposit organization Humo has launched its mobile application, Humo Online. The service provides access to bank accounts, transfers and payments as well as allows for the monitoring of …
Read More »Traditional banks increasingly embracing Fintech
Once seen as a disrupter, Fintech is now being embraced by many traditional banks as the fast-track to digital and cultural transformation that is necessary to attract and keep customers …
Read More »Modernizing ATMs for new banknotes requires little cost
In May 2017, the Central Bank of Armenia announced that it would put into circulation new composite banknotes that offer a higher degree of security and are of a better …
Read More »VTB Bank Armenia to use EarlyOne queue management system
VTB Bank Armenia, which has the largest branch network in Armenia, has become one of the first banks in the country to make use of the EarlyOne remote queue management …
Read More »Should – be – known facts about the ATM
The automated teller machine (ATM) turned 50 years old this June. In celebration of its 50th anniversary, here are little-known facts about the ATM: The first “cash-dispenser” was installed in …
Read More »Silk Way Bank facilitating VAT refunds using a mobile app
Silk Way Bank in Azerbaijan has launched a new mobile app called TaxFree4U. The app facilitates the process of refunding VAT after travelling to European countries, specifically Italy, Spain, France, …
Read More »VTB Bank launches online reservation system for services
In order to save clients time, VTB bank is launching a convenient online service for clients to book a time slot before coming to the bank. A client only needs …
Read More »Joint bank associations around Europe to maintain the ATM networks
The decrease in demand for cash and the growth of criminal attacks on ATMs have made many banks in the Netherlands and other European Union (EU) countries consider decreasing the …
Read More »TBC launches new innovative services and products for businesses
TBC Bank in Georgia has announced the launch of brand new innovative products and services for corporate clients. Corporate clients will have the chance to register and open accounts remotely, …
Read More »Mobile banking access without internet for the first time in Georgia
Terabank has made its mobile application accessible to clients without the use of internet traffic, meaning that clients can access their banking information even if their mobile data has expired. …
Read More »Idea Bank launches mobile coworking space – Idea Hub Express
Idea Bank, a specialized bank for SMEs known for its creative ideas such as mobile automatic teller machines (ATMs) and co-working branches, is launching another unprecedented concept, the Idea Hub …
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