Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor and telegram channel FinTech Wave. Around the World: In 2019, …
Read More »Video: Beyond open banking lies Open X
The financial services industry is shifting from open banking to an impending phase called Open X. Learn how to thrive on the Open X shared marketplace in this informative World …
Read More »Ozon launches card for customers
Internet company Ozon has announced the launch of its own card. The MasterCard World PayPass card serves as a payment instrument as well as gives users access to a loyalty …
Read More »Is Big Tech the Future of Banking?
With a lower-than-ever-before barrier to entry, bigtechs are starting to see the financial sector as a highly-profitable way to expand their businesses and give consumers even more. In fact, there …
Read More »New online platform encouraging small business growth in Kazakhstan
A new online platform (ISMET.kz) represents the next step for what a marketplace can offer businesses in Kazakhstan. Created by Kazakhtelecom JSC, it is the first B2B site in the …
Read More »BFC takes part in E-commerce and FinTech Hackathon 2019
BFC experts took part in E-Commerce and FinTech Hackathon 2019, which was held June 14-16, 2019 in Bishkek, Kyrgyzstan. During the event, participants were given 54 hours to turn their …
Read More »Russian insurers, intermediaries discuss API integration
The Digital Tools for the Development of Insurance Product Partner Sales roundtable was held in Moscow, a first-ever discussion between insurance companies, intermediaries and IT experts in the country. The …
Read More »5 Central and Eastern European FinTech trends expected in the next 2 years
FinTech in Central and Eastern Europe is coming on strong, with fertile environments in which to grow innovations and governments that are doing their best to acquire new investments. These …
Read More »PAYMO developing Uzbek financial marketplace
PAYMO has announced that it is developing a system to unite providers and consumers of financial services in one information space as part of an effort to provide consumers with …
Read More »Video: the dark web
Beneath the surface of the internet exists a largely hidden world – the dark web. Find out what the dark web is and what goes on there in this short …
Read More »How should financial institutions react to uberization?
The volume of information in the world is increasing exponentially, and it is becoming difficult for consumers to analyze it all. For this reason, they are turning to mediator platforms …
Read More »How FinTech is uberizing banking
There are three main banking services people routinely use: payments for products/services (i.e. transfers from one account to another), lending (i.e. borrowing funds from a bank for a specific purpose …
Read More »UK regulator proposes new rules on crowdfunding
The United Kingdom (UK)’s Financial Conduct Authority (FCA) has unveiled some new proposed measures following a post-implementation review of its crowdfunding rules. The FCA says it has observed “some poor …
Read More »Online marketplace for financial services to open in Russia
We live in a world where startups are emerging everywhere thanks to the idea of aggregated information. For example, to buy a car, you no longer have to go from …
Read More »Alfa-Bank launches new international marketplace platform
Alfa-Bank has launched Alfa Network, a Russian-language marketplace platform, in Russia, Kazakhstan and Belarus. Alfa Network allows users to post and find offers for trade transactions, buy and sell assets …
Read More »Video: the ‘bank as a platform’ approach
Find out how adopting the ‘bank as a platform’ approach will help banks shift to a model of service offerings and achieve greater and more sustainable economic value. Expert opinions …
Read More »The trouble with marketplace lending today
The marketplace lending industry, which is less peer-to-peer these days and relies more on packaging and selling bonds to fund its business, seems to be taking a page from recent …
Read More »Amazon partners with Bank of America for lend-tech leap
Amazon is partnering with Bank of America as part of an effort to expand its lend-tech program for small businesses that sell on Amazon. Amazon Lending is an invitation-only program …
Read More »Infographic: alternative lending timeline
As alternative lending matures into what many are calling “alternative lending 2.0″, it is worth taking a look back at the sector’s evolution since 2005 — from Zopa pioneering peer-to-peer …
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 …
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