{"id":14505,"date":"2020-02-20T07:27:37","date_gmt":"2020-02-20T07:27:37","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=14505"},"modified":"2020-02-20T07:51:12","modified_gmt":"2020-02-20T07:51:12","slug":"bfc-fintech-monitor-13th-20th-february","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-13th-20th-february\/","title":{"rendered":"BFC FinTech Monitor 13th-20th February"},"content":{"rendered":"<p>Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor and in the telegram channel <a href=\"https:\/\/t.me\/FinTechWave\"><b>FinTech Wave<\/b><\/a><b>.<\/b><\/p>\n<p><strong>&nbsp;<\/strong><\/p>\n<p><strong>Around the World:<\/strong><\/p>\n<ul>\n<li>Analysts with <a href=\"https:\/\/www.juniperresearch.com\/press\/press-releases\/contactless-oem-pay-transaction-values-to-reach-$1\"><span style=\"font-weight: 400;\">Juniper Research<\/span><\/a> predict that the volume of contactless payments will triple within just 4 years\u2019 time.<\/li>\n<li>The European Union (EU) <a href=\"https:\/\/interfax.com.ua\/news\/economic\/640603.html\">is not expected to give<\/a> the United Kingdom unlimited access to its financial markets following Brexit.<\/li>\n<li>Uber <a href=\"https:\/\/www.finextra.com\/newsarticle\/35274\/uber-money-bolsters-team-in-india\">is hiring<\/a> specialists to start developing financial products as part of its Uber Money team. In particular, they will work on developing new payment methods and artificial intelligence-based risk management models.<\/li>\n<li>Major financial corporations JP Morgan Chase, Goldman Sachs and Citigroup <a href=\"https:\/\/www.kommersant.ru\/doc\/4251582\">have begun actively exploring the use of quantum computers<\/a>.<\/li>\n<li>Deloitte <a href=\"https:\/\/www2.deloitte.com\/us\/en\/pages\/financial-services\/articles\/infocus-payments-trends.html\">has released a report<\/a> on major payment trends for 2020, including trends related to the evolution of the payment economy and the increasing role of non-profit organizations in the formation of ecosystems.<\/li>\n<li>BitPay is collaborating with Poynt <a href=\"https:\/\/www.finextra.com\/newsarticle\/35271\/bitpay-partners-poynt-to-bring-bitcoin-payments-to-the-streets\">to enable consumers<\/a> to pay with bitcoin at more than 100,000 stores.<\/li>\n<li>The National Bank of Egypt <a href=\"https:\/\/bloomchain.ru\/newsfeed\/krupnejshij-bank-egipta-stal-klientom-ripple\/\">has joined<\/a> the Ripple cryptocurrency platform as well as the associated RippleNet payment blockchain network.<\/li>\n<li>The government of Japan <a href=\"https:\/\/bloomchain.ru\/newsfeed\/natsionalnaya-kriptovalyuta-yaponii-mozhet-poyavitsya-v-techenie-2-3-let\/\">has announced<\/a> its intention to develop its own national cryptocurrency, with discussions toward this end slated to begin in mid-2020.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Russia:<\/strong><\/p>\n<ul>\n<li>Moscow will play host to the <a href=\"http:\/\/finnext.ru\/?rs=partner_finnext2020_plus\"><span style=\"font-weight: 400;\">FinNext 2020<\/span><\/a>&nbsp;forum on February 27. The theme for the event will be: \u201cMore Life, Less Banks!\u201d<\/li>\n<li>A <a href=\"https:\/\/bloomchain.ru\/newsfeed\/bank-rossii-predlagaet-blokirovat-scheta-pokupatelej-i-prodavtsov-kriptovalyut\/\">proposal<\/a> from Central Bank of Russia could lead to the accounts of buyers and sellers of cryptocurrencies being blocked.<\/li>\n<li>Criminals <a href=\"https:\/\/iz.ru\/974127\/anna-kaledina\/s-novym-khodom-moshenniki-nashli-eshche-odin-sposob-khishcheniia-deneg-so-schetov\">have begun using methods<\/a> of social engineering to access accounts and steal money from them. And it all starts with a simple phone call.<\/li>\n<li>Ak Bars Bank and Coinkeeper <a href=\"https:\/\/www.banki.ru\/news\/lenta\/?id=10917458\">have issued<\/a> a free-to-use virtual card based on open-API technology.<\/li>\n<li>The international payment system Payeer and the digital asset exchange Binance <a href=\"https:\/\/bloomchain.ru\/newsfeed\/na-p2p-platformu-binance-dobavili-rubl\/\">have joined forces<\/a> to allow users to buy cryptocurrencies using rubles.<\/li>\n<li>The Central Bank of Russia <a href=\"https:\/\/www.banki.ru\/news\/lenta\/?id=10917435\">has completed<\/a> its piloting of a platform that digitizes (tokenizes) goods, services, securities and other assets.<\/li>\n<li>Russian stores will soon <a href=\"https:\/\/www.rbc.ru\/finances\/10\/02\/2020\/5e3d48739a794745e873deb0\">be able to connect<\/a> to the Central Bank Fast Payment System to bypass connecting directly with banks in order to accept payments via a QR code.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Ukraine:<\/strong><\/p>\n<ul>\n<li>The international conference <a href=\"https:\/\/payinnv.tech\/\"><em>Payment Innovation 2030<\/em><\/a> will be held in Kiev on March 17.<\/li>\n<li>Mobile operator lifecell <a href=\"https:\/\/ain.ua\/2020\/02\/13\/lifecell-zapustil-paycell\/\">has launched Paycell<\/a>, a mobile wallet for Android users.<\/li>\n<li>The National Bank of Ukraine <a href=\"https:\/\/psm7.com\/payment-systems\/nacbank-vydal-valyutnuyu-licenziyu-leogejming-pej.html\">has issued a currency license<\/a> to the payment service Leogaming Pay, meaning that online game accounts can now be replenished using Visa- and MasterCard-backed bank cards.<\/li>\n<li>Elena Vasina, a communications specialist for the financial group Bredley Holding, <a href=\"https:\/\/psm7.com\/fintech\/fintex-rynok-ukrainy-onlajn-kreditovanie.html\">has prepared an overview<\/a> of the online lending market in Ukraine.<\/li>\n<li>The National Bank of Ukraine <a href=\"https:\/\/psm7.com\/cashless-economy\/kak-beznalichnye-platezhi-vliyayut-na-finansovye-privychki-ukraincev.html\">has announced<\/a> that cashless payments are having a positive effect on the financial habits of Ukrainians.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Belarus:<\/strong><\/p>\n<ul>\n<li>Inna Samovich, head of the FinTech startup Cashew FinTech, <a href=\"https:\/\/belretail.by\/opinion\/cashew-torgovyie-organizatsii-znachitelno-ekonomyat-prinimaya-oplatu-s-pomoschyu-qr-koda\">reveals<\/a> why QR code-based payments save retailers money.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Kazakhstan:<\/strong><\/p>\n<ul>\n<li>Arthur Sundetov, founder of the IT company Gexabyte, <a href=\"https:\/\/kapital.kz\/tehnology\/84549\/pochemu-proyekty-v-blokcheyne-zhiznesposobneye-chem-v-kriptosfere.html\">explains<\/a> why blockchain projects are more viable than those in the cryptosphere.<\/li>\n<li>Kazakhstan <a href=\"https:\/\/kapital.kz\/tehnology\/84659\/kak-usilyat-zashchitu-personal-nykh-dannykh-kazakhstantsev.html\">has proposed<\/a> measures to strengthen personal data protection within the country.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Uzbekistan:<\/strong><\/p>\n<ul>\n<li>Uzbekistan is <a href=\"https:\/\/www.spot.uz\/ru\/2020\/02\/17\/unb\/\">developing<\/a> a national blockchain platform.<\/li>\n<li>Spot.uz <a href=\"https:\/\/www.spot.uz\/ru\/2020\/02\/11\/crypto\/\">explains<\/a> how to make money on the first Uzbek cryptoexchange.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Armenia:<\/strong><\/p>\n<ul>\n<li>Unibank customers will soon be able to replenish accounts and repay loans using the <a href=\"http:\/\/www.armbanks.am\/2020\/02\/12\/126922\/\"><span style=\"font-weight: 400;\">Telcell Wallet<\/span><\/a> application.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Georgia:<\/strong><\/p>\n<ul>\n<li>Bank of Georgia <a href=\"https:\/\/cbw.ge\/banking\/bank-of-georgia-introduces-unprecedented-innovative-products-in-the-region\">has launched<\/a> a project to allow users to pay for travel in the Tbilisi metro using facial recognition technology. The bank has also launched a product that turns Android-based smartphones into a payment terminals.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Azerbaijan:<\/strong><\/p>\n<ul>\n<li>Azerbaijanis can now make payments using modern payment <a href=\"https:\/\/cbw.ge\/banking\/bank-of-georgia-introduces-unprecedented-innovative-products-in-the-region\">solutions<\/a>, including QR code-based payments.<\/li>\n<li>Azerbaijani authorities plan <a href=\"https:\/\/www.trend.az\/business\/finance\/3190564.html\">to adopt a new program<\/a> to further develop digital payments. This is expected <a href=\"https:\/\/www.trend.az\/business\/finance\/3190525.html\">to result in an increase<\/a> of at least 7% in the volume of cashless payments in the country.<\/li>\n<\/ul>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-14505 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='BFC FinTech Monitor 20th &#8211; 27th February'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-20th-27th-february\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/02\/bfc-fintech-monitor-20th-27th-february-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14548\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14548'>\n\t\t\t\tBFC FinTech Monitor 20th &#8211; 27th February\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='TBC bank \u2014 first one to use chatbot for communication with clients'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/tbc-bank-first-one-to-use-chatbot-for-communication-with-clients\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/12\/TBC-660x330-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-7556\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-7556'>\n\t\t\t\tTBC bank \u2014 first one to use chatbot for communication with clients\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Payments via instant messengers to be allowed in the U.K.'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/payments-via-instant-messengers-to-be-allowed-in-the-u-k\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/paying-throught-mobile-phone_1212-438-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-8554\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/paying-throught-mobile-phone_1212-438-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/paying-throught-mobile-phone_1212-438-300x300.jpg 300w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/paying-throught-mobile-phone_1212-438.jpg 626w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8554'>\n\t\t\t\tPayments via instant messengers to be allowed in the U.K.\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor and in the telegram channel FinTech Wave. &nbsp; Around the World: Analysts with Juniper Research predict that the volume of contactless payments will triple within just 4 years\u2019 time. The European Union (EU) is &hellip;<\/p>\n","protected":false},"author":5,"featured_media":14520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[45,399,197,35,206,129,70,75],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14505"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=14505"}],"version-history":[{"count":4,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14505\/revisions"}],"predecessor-version":[{"id":14531,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14505\/revisions\/14531"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/14520"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=14505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=14505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=14505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}