Uport, a self-sovereign identity and user-centric data platform on the Ethereum blockchain, has made its platform available to the citizens of Zug, Switzerland. Registration on the blockchain, which requires verification …
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 »Alfa-Bank’s digital transformation
Alfa-Bank, like many banks in Russia, is undergoing a digital transformation. The bank has divided this transformation into two main areas: customer-related and internal. Digitalization related to customer experiences includes …
Read More »Azerbaijan considering mutual recognition of e-signatures
The Ministry of Transport, Communication and High Technologies of Azerbaijan is negotiating the mutual recognition of signatures with Iran, Qatar, Turkey and Ukraine. Azerbaijan has also signed an agreement with …
Read More »Mobile banking trends in Eastern Europe and Central Asia
The website Future banking recently conducted a review of the development of mobile banking in Azerbaijan, Belarus, Georgia, Kazakhstan and Ukraine. The trends in these countries revolve around mobile electronic …
Read More »E-mortgage system launched in Azerbaijan
The government of Azerbaijan has completed the integration of an e-mortgage system, the Azerbaijani Mortgage Fund (AMF), into its e-government portal. This means that, as of August 1, 2017, it …
Read More »Economic Development Ministry opposes making e-signature certification a state process
In March 2017, the Russian Ministry of Communications promoted a draft law to change the procedure for issuing reinforced qualified electronic signature (RQES) certificates. The proposed law would move the …
Read More »Georgia first to use blockchain technology to develop land registry
Georgia is pioneering a new system for registering land titles, property transactions, mortgages, demolitions and notary services by using the same blockchain technology that underpins the virtual currency bitcoin. The …
Read More »Remote authentication potential consequences: a case study in Russia
The Bank of Russia, the Federal Financial Monitoring Service and the Ministry of Communications are working together with commercial banks to launch a pilot project for remote customer identification. The …
Read More »Terabank: SMS code instead of signature
Terabank is offering increased flexibility to its clients in some of its banking operations. Going forward, if the requested banking operations do not exceed GEL 1,500, the clients need only …
Read More »Kapital Bank launches new mobile banking service
A new mobile banking service is being introduced in Azerbaijan by Kapital Bank, aiming to simplify services and improve convenience. The mobile app’s features include exchange rate information and virtual …
Read More »Russian bank “Открытие” to use facial biometrics analysis in its branches
A Russian bank, “Открытие”, is planning to operate a facial recognition system in its three Moscow branches. The main goals are to optimize the client service/interaction experience and shorten waiting …
Read More »New Electronic Document Management at ВТБ bank (Azerbaijan)
The bank ВТБ (Azerbaijan) completed the first phase of implementation of the Electronic Document Management (EDM) system. The decision came from the need to optimize the bank’s internal operational processes …
Read More »The Six Biggest Trends in Fintech Today
The biggest trends in fintech today are centered on improving customer experiences, and the interfaces being designed today aim to enable users to seamlessly and effortless merge the new technologies …
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