Tag Archives: Digital 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 …

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 …

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. …

PrivatBank has launched an online credit service that allows individuals to apply for loans of up to UAH 50,000 without having to visit a branch and deal with processing paper …

Russia’s Sberbank has become the first in the country to offer loans to small- and medium-sized enterprises (SMEs) completely online. While other banks do offer businesses the chance to begin …

Evocabank has launched a new online lending service through its mobile application. SingleTouch loans, available to customers 24 hours a day/7 days a week, are given in local currency at …

China UnionPay has teamed up with more than 30 local commercial banks and payment institutions to launch a unified app for the country’s banking industry. The Mobile QuickPass app is …

The widespread online exchange of currency in Uzbekistan is expected to begin in April 2018. The process began with a decree from the Uzbek President in September 2017 to liberalize …

The Bank of Russia presented a concept for a new financial ecosystem at the Finopolis forum in autumn 2017 and is ready to begin testing it in the second half …

Banking industry regulations are becoming more and more complex and nuanced. Tony Reid, CTO of financial services at Hitachi Data Systems, discusses why banks are turning to RegTech to help …

As bank customers increasingly turn to online and mobile channels, the world of classic “brick-and-mortar” banking is becoming a thing of the past. Check out this infographic on how FinTech …

Modern banking customers want mobile technologies that let them bank whenever and wherever they want, but are banks doing enough to help customers reach their financial goals and dreams? Find …

The creation of truly smart customer identification is revolutionizing customer onboarding by making it fast, cheap and scalable. BFC FinTech Monitor (22th May – 8th June) Revolut plans invasion of …

As online and mobile banking continue their rise in prominence, bank branches are expected to decrease by up to one third in the next decade. Banks, however, are starting to …

For the first time in Azerbaijan, PASHA Bank is offering consumers the opportunity to pay for parking via a mobile application. To pay for parking in this way, customers need …

The American startup Airfox represents a new opportunity in banking, especially for those without bank accounts in emerging markets. The service allows users to make purchases and transfer money while …

The National Bank of Uzbekistan has officially launched Milliy, its free-to-use mobile banking application. The mobile application allows users to access payment/money transfer systems as well as be able to …

The rise of generations Y and Z (as known as millennials and homelanders respectively) is changing how banks operate and will operate in the future. Generation Y is currently changing …

French bank Societe Generale has announced that it will close 300 (15%) of its branches and eliminate 900 jobs as part of its effort to expand its digital capabilities and …

Digital banking is hugely popular and will only become even more popular as 71% of millennials believe that it’s “very important” to have a banking application. Moreover, 51% have made …