According to the new ‘Cryptocurrencies and Blockchain: Europe and Central Asia Economic Update’ World Bank report, Georgia experienced a 5.0% growth in digital technology in 2017 and is projected to …
Read More »New Eurasian Bank e-wallet allows Kazakhstanis to pay with smartphones
Eurasian Bank has launched the Eurasian Pay digital wallet, allowing users of MasterCard cards in Kazakhstan to be able to pay for purchases using an android mobile device. In order …
Read More »Central Bank of Uzbekistan introduces definition for “digital bank”
The Central Bank of Uzbekistan has proposed legislative amendments that, for the first time, provide a legal definition for what constitutes a “digital bank”. The proposed amendments would define a …
Read More »Bank Home Credit continues developing digital solutions in Kazakhstan
The functionality of Bank Home Credit’s ‘Credit Assistant’ mobile app has been integrated into their new mobile app, known as ‘Home Credit Bank of Kazakhstan’. This new app, which has …
Read More »National Bank of Kazakhstan working on remote customer identification system
The National Bank of Kazakhstan is working on a system of remote customer identification that will allow customers of financial institution to access banking services online. This would include such …
Read More »Infographic: video banking is here
Video banking is ready to burst into mainstream banking operations, with nearly 80% of financial institutions surveyed for a recent study reporting that they are planning video-enabled banking services. This …
Read More »Video: digitizing the customer journey in financial services
Digital is fundamentally changing the competitive landscape in financial services, creating a need to re-imagine and digitize the customer journey from end to end as well as make internal processes …
Read More »Video: putting the “experience” in “digital customer experience”
Most business leaders understand that digital customer experiences are the key to engaging with customers and growing revenues in the modern world; however, most businesses still have a long way …
Read More »Infographic: the digital-centric banking customer of today
Digitally-minded customers are forcing financial institutions to rethink how they do business by demanding to be able to conduct banking operations 24 hours a day, 7 days a week. Moreover, …
Read More »Infographic: why video banking is on the rise
Find out why video banking is becoming increasingly popular among both customers and financial institutions as well as why the service is expected to boom in the coming years. BFC …
Read More »Infographic: the benefits of e-signatures in banking
Today’s banking customer expects to be able to access their banking information and complete even the most complex financial transactions anytime, anywhere. By leveraging e-signatures, banks can make banking easier …
Read More »Infographic: the banking customer experience
Customers are coming to expect more from their financial institutions. This infographic gives a quick snapshot of opportunities financial institutions have in the modern world as well as the general …
Read More »The pros and cons of alternative lending
With alternative lending becoming increasingly popular, especially among those who find it more difficult to obtain loans from traditional financial institutions, it is worth examining the pros and cons of …
Read More »How online lending will continue its evolution
Digital lending choices for both consumers and small businesses have grown rapidly, and the online lending sector is now entering a phase of maturity. There is increasing competition; regulators are …
Read More »Moving “going digital” beyond just eliminating paper
Historically, “going digital” for lenders meant automating manual processes and moving paper-based processes online. In many cases however, lenders simply recreated their offline experiences and processes in an online environment. …
Read More »Alternative lending startups changing traditional lending in India
Startup companies are starting to rewrite traditional lending ideas in India. One such company, MoneyTap, uses a chatbot-based loan application system to give customers real-time loan processing and wire loan …
Read More »Top 10 trends impacting the future of payments
The way people make payments is changing faster than any area of financial services, and understanding trends in payments is important for any financial institution wanting to serve the complete …
Read More »Chocofamily launches a completely new product
Chocofamily has launched a new mobile application called Rahmet. The application allows users to pay bills from their phone and receive up to 20% in cashback and other discounts. The …
Read More »Amazon plans to launch its own banking service
Amazon, the world’s largest online retailer, has created special accounts as part of a new banking service. This new service, however, does not imply that Amazon intends to launch its …
Read More »MasterCard and IBM create Truata, an independent data trust
MasterCard and IBM have founded Truata, an independent trust that will allow companies to conduct analytics while complying with the upcoming General Data Protection Regulation (GDPR) of the European Union …
Read More »