Tag Archives: Digital Transformation

The COVID-19 pandemic has given Russian financial institutions the impetus to increase the implementation and use of innovative financial technologies, which will, in turn, serve to further accelerate the process …

Kazakhstan began its journey toward digitization in 2006. Since that time, digitization has gained much traction in the country in both the public and commercial sectors. Our friends at Terrasoft …

Prior to the COVID-19 pandemic, many financial institutions were on the digital transformation path, slowly moving toward what seemed like an eventuality. As the pandemic broke and the world moved …

In recent months, there has been a deep cultural change in the way we live our lives and conduct business. This change, brought on by the COVID-19 pandemic, is largely …

Speaking at the Deloitte How Will COVID-19 Change the Banking Industry? webinar, Alexey Voylukov, vice president of the Association of Banks of Russia, outlined how 3 trends arising out of …

Thus far, the global payments industry has proven resilient to the effects of the COVID-19 pandemic, but the industry is far from immune. In the short term, payment providers will …

While the COVID-19 pandemic has been a boon for many services (e.g. remote work apps, e-learning tools and e-commerce solutions), the mobile payments industry has seen a huge plunge in …

As the world heads toward an increasingly digitized economy, there are more and more choices for how individuals and businesses consume financial services. But in working toward this future and …

Biometrics takes advantage of the unique biological characteristics of people to identify and authenticate individuals in a reliable and fast way. Here are 7 typical use cases for biometric technologies …

Machine vision is slowly but surely making inroads in the financial sector, with many financial institutions already examining its potential to make life easier for both consumers and financial institutions …

Asia, driven by fierce competition, has been a global leader in terms of FinTech adoption. Let’s take a look at 3 key trends expected to define FinTech in Asia over …

For years, many doomsayers have predicted that this rise of FinTech will lead to the inevitable fall of traditional financial institutions. Yet, this has not been the case. While some …

Many experts think that 2020 will become a year of greater changes and transformation in financial industry. Let’s have a look at the trends that are expected to disrupt banking …

Given that the Big Data market is projected to become a more lucrative field in the coming years, it seems only too appropriate to take a quick look at the …

Digital transformation continues to be a gamechanger in many industries around the world, including the financial industry. Given its importance in shaping our future, it is worth taking a quick …

By the end of this year, China will boast 55.8% of global online retail sales, a figure predicted to rise to 63.0% by 2022. China’s emergence as a dominant digital …

Generation Z (gen Z) presents a new breed of consumers for financial institutions. Technologically-savvy and highly-educated, they bring a new mindset and type of consumerism for financial institutions to grapple …

With the IT modernization movement moving beyond the initial euphoria of the promises of digital technologies and into an understanding of the realities of what it will take for full …

PWC’s Financial Services Technology 2020 and Beyond: Embracing Disruption report has been released. It examines the forces that are disrupting the role, structure and competitive environment for financial institutions and …

Kazakhstan suffers from a lack of digitalization in the financial sector, as is evident by the fact that there is not a single full-fledged digital financial institution in the country. …