Tag Archives: Digital Banking

Yerevan-based Converse Bank has introduced its free-to-use mobile application called Converse Mobile, which allows customers to manage their accounts at any time of day from anywhere in the world. Using …

The modern consumer has become accustomed to managing virtually everything from their smartphone, and they have come to expect the same from banking. As banks move to becoming nearly 100% …

Digitization and the development of innovative technologies have contributed to the active transition of the banking sector to remote payment channels. In total in the first three quarters of 2017, …

Complacency is a bank killer, impacting the ability of a bank to compete and respond to the changing needs of consumers. The best defense against complacency is to accept these …

The number of bank branches in the Czech Republic has been significantly decreasing in recent years. At the end of 2016, there were 2,046 bank branches in the country, 8% …

Online banking has become the norm for many simple bank transactions, making it easier for customers to check their accounts, pay their bills and move money from one account to …

Bank customers fall into three broad groups: conventionals (the 35% of customers who prefer to conduct their banking business face-to-face at traditional banks or credit unions), digitals (the 35% of …

Artificial intelligence (AI) will help increase the efficiency of banks in Uzbekistan. Manguberdi Abdukarimov, specialist at the National Bank of Uzbekistan, explains that AI is used in foreign banks in …

Customer adoption of digital banking channels is growing steadily across the Asia–Pacific region, making digitization increasingly important for driving new sales and reducing costs. A recent study identified three counter-intuitive …

Monobank, the debut project of a Ukrainian FinTech company, is proving to be a strong new competitor in Ukraine’s mobile banking industry. The bank, with its lack of infrastructure, is …

A recent survey of U.K. banks has found that traditional banks are losing ground to challenger banks when it comes to digital banking services. The survey showed the surprising lack …

German company Penta is partnering with solarisBank to launch a new digital bank that has been designed to meet all the needs of startups and small- and medium-sized enterprises (SMEs). …

The results of a recent survey conducted in Russia show that a majority (75%) of independent experts and banking association members believe that all retail banking will move to the …

Pasha Bank will become the first in Azerbaijan to introduce the Asan Imza electronic certificate. This e-certificate will act as a mobile e-signature, allowing customers to verify their identity electronically …

The Fintechstars hackathon took place in Almaty and featured 100 programmers working to develop financial technology projects. During the 48-your hackathon, participants proposed various projects, including many for services to …

Poland’s Alior Bank has adopted the ‘Digital Disrupter’ strategy through 2020. As part of this strategy, the bank intends to increase cooperation with fintech companies, especially in terms of getting …

The ‘Artificial Intelligence in Banking’ digital banking report surveyed banks and credit unions across the global to determine the extent of the development of artificial intelligence functionality in the banking …

As digital banking becomes dominant and customers have little-to-no interaction with bank representatives, artificial intelligence will become more and more important in helping ensure that customers still receive the level …

Herman Gref, head of Sberbank, outlined five key areas for the use of artificial intelligence while speaking at the ‘Open Innovations’ forum: Customer-interaction bots — as artificial intelligence learns, it …

Blockchain, the technology underpinning cryptocurrencies such as bitcoin, was initially treated with skepticism by banks; however, blockchain has become the latest buzzword in the financial sector. Here are the five …