Over the past five years, Ukraine has undergone a genuine revolution in the electronic payments market – the number of such payments has increased several-fold. At the same time, there has been an increase in the number of...
The percentage of Poles that own a bank account has increased from 70 to 87 per cent since 2011, but only 52 per cent actively manage their accounts using mobile devices and the internet.
The number of newly formed companies is growing at a slower rate and they have to compete with the banks, which are gradually catching up in terms of technological advancement.
Recent celebration of ten years of the Vienna Initiative was another reason for the deeper financial integration of the emerging European countries. Vienna Initiative is a framework for safeguarding the financial stability of...
On March 2019, Organized Crime and Corruption Reporting Project (OCCRP) revealed a vast offshore network that was used to channel billions of Euros out of Russia, relying on support of a major Russian bank.
In 2018, the Komercijalna banka (Commercial Bank) in Serbia achieved the best results in the past ten years, as it expects a profit of about RSD8.3 bn (over EUR70m). The bank has reversed the trend of declining market share.
The International Monetary Fund (IMF) and the World Bank (WB) have published an agenda devoted to the fintechs, and call for the extensive cooperation between the regulators.
Artificial intelligence could become a useful force in the financial services sector, but it could also become a destabilizing force posing a threat to the global financial system.
Fintech companies have made considerable progress in promoting financial inclusion through new business models and products. Incomplete or inadequate access to financial services is a problem faced by a large part of the...
Nearly 100 per cent of companies in countries belonging to the OECD are small and medium enterprises. However, such companies usually operate in less favorable business conditions than the large ones.