Sberbank adopted a forward-thinking approach to creating its new, flexible platform, and the bank has decided to open access to elements of its platform through an API as well as …
Read More »Alfa-Bank leading Belarus into a fintech future
Andrey Kosach, top manager and board member of Belarus’s Alfa-Bank, has observed that fintech in Belarus has been gaining traction in recent years and believes that this momentum will continue. …
Read More »Payments via instant messengers to be allowed in the U.K.
The United Kingdom has passed new rules, called Open Banking rules, that will force large banks to implement APIs in order to standardize safe access to customer data. The effect …
Read More »Mastercard takes blockchain mainstream with API
Mastercard has tested and validated its own blockchain and will be opening access to it via a set of three APIs published on the Mastercard Developers website. The APIs include …
Read More »The future of banking lies in APIs
One of the main problems faced by financial companies today is their traditional linearity. In the era of digital transformation, the lack of alternative business models and the high cost …
Read More »Open banking important to the future of banking services
Financial institutions are becoming more client-focused than ever before. And open banking is providing banks with the means and opportunities to reorganize their products and services in accordance with the …
Read More »Open Banking Lab launched in Ukraine
1991 Open Data Incubator, the National Bank of Ukraine and OTP Bank JSC have announced the launch of a joint incubation program for OpenTechnology start-ups called Open Banking Lab. The …
Read More »What’s hot and what’s not in the U.S. Fintech
Finovate and the Fintech Cocktail Club joined up to determine what’s trending and what’s not in U.S. Fintech. Regtech was found to be the hottest trend, with artificial intelligence, open …
Read More »Traditional banks increasingly embracing Fintech
Once seen as a disrupter, Fintech is now being embraced by many traditional banks as the fast-track to digital and cultural transformation that is necessary to attract and keep customers …
Read More »TBC launches new innovative services and products for businesses
TBC Bank in Georgia has announced the launch of brand new innovative products and services for corporate clients. Corporate clients will have the chance to register and open accounts remotely, …
Read More »How banks can compete against an army of FinTech startups
Most retail banks are very much behind in digitalization and the rise of FinTech, focusing instead on only allowing the most routine customer transactions online. A recent analysis conducted by …
Read More »Ameriabank launches a new payment application called Drops
Ameriabank has teamed up with Drops LLC to develop the new Drops application, which allows for automated payments to be made using a payment card. The Drops application works by …
Read More »11 FinTech trends to follow in 2017
Keep an eye on the following trends to stay ahead of the curve. Removing friction from the customer journey – “smoother customer experience”; Rise of insurtech According to Meaghan Johnson, “There …
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