As commercial financial institutions strive to keep pace with consumer demands, many are looking to FinTech partners to help deliver improved service and value. In fact, a majority already use …
Read More »Top B2B FinTech Companies
B2B FinTech companies don’t often get the recognition of their B2C cousins; however, they play a key role in the future of financial services and deserve some acknowledgment. That being …
Read More »Q-Lana: a new tool to bolster MSMEs in emerging economies
Q-Lana, a U.S.-based FinTech company, was founded to develop the concept of knowledge-based lending as a way to help financial institutions overcome the challenges associated with broader MSME lending and, …
Read More »Pureplay digital operators to process USD 14 trillion in B2B payments by 2023
New data from Juniper Research suggests that B2B transactions processed by pureplay digital operators are likely to reach USD 14 trillion by 2023, up from USD 6.7 trillion in 2018. …
Read More »SmartPay financial inclusion wallet launched in Vietnam
FinTech startup SmartPay has launched a financial inclusion wallet in Vietnam, targeting 25 million unbanked/underbanked consumers and 6 million small- and medium-sized merchants. SmartPay ensures a better payment and finance …
Read More »Uzbek startup MARTA wins special award at Visa Everywhere Initiative competition
Participants at the Visa Everywhere Initiative competition presented their innovative solutions designed to help solve local market challenges and create new products and services in the field of financial technologies. …
Read More »Expert opinions on Kyrgyz fintech and e-commerce market
E-Commerce and FinTech Hackathon 2019, organized by KG Labs and financially-supported by GIZ’s Trade Facilitation in Central Asia project and Interbank Processing Center, was held June 14-16, 2019 in Bishkek, …
Read More »Video: how FinTech can push small businesses to the next level
Karen Mills, former director at Small Business Administration, discusses the influence of smaller financial technology companies on big banks in this insightful video. COVID-19 might finally bring FinTechs and financial …
Read More »Video: what to look for in FinTechs
FinTechs are leading the charge in using advancements in technology to fundamentally change the landscapes of e-commerce, payment networks, online lending, money transfers, business-to-business (B2B) payments, personal finance and banking. …
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 »8 steps to ensure a financial institution doesn’t survive past 2030
It is estimated that 80% of financial institutions will either go out of business or be irrelevant by the year 2030. Here are 8 steps that will ensure your financial …
Read More »8 in 10 millennials ready to switch away from banks
FinTech players and challenger banks are at the forefront of capturing the millennial market as 8 in 10 millennials now state that they are ready to switch from using banks …
Read More »Banks for entrepreneurs
Today’s entrepreneurs are used to taking advantage of new and innovative solutions that automate operations and make doing business easier. As such, banking is an important consideration for them. While …
Read More »The ultimate winners of open banking
In the aftermath of the 2008 global financial crisis, European regulators found it important that banks have more competition and consumers have greater choice. This has eventually led to the …
Read More »The beginning of the open banking era in the UK
Open banking reforms are now over one year old in the United Kingdom (UK). In this relatively short period of time, 67 firms have begun using open banking technology. Moreover, …
Read More »FinTech companies voice opposition to PSD2
A number of FinTech companies in the European Union (EU), namely Bankin, Eurobits, Sofort, PPRO and Trustl, have decided to oppose the Second Payment Services Directive (PSD2). These companies contend …
Read More »European payment provider launches open banking platform
European payment provider Klarna has announced the launch of its own open banking platform. The platform will provide access to more than 4,300 European banks through a single API in …
Read More »First-ever open banking service to help people get out of debt
AccountScore, together with The Insolvency Panel, has announced the launch of the first ever open banking service designed to help people get out of debt. The service auto-populates consumer income …
Read More »PrivatBank launches open API platform
PrivatBank has launched a new open API platform to allow FinTech companies to create effective, innovative solutions that work with bank data and provide consumers with new digital services. The …
Read More »The impact of PSD2 in Ukraine
With the implementation of the Second Payment Services Directive (PSD2) in the European Union (EU) and Ukraine’s relationship with the EU, it is natural to wonder about the implications of …
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