The European Commission (EC) aims to establish the European Digital Single Market by mid-2021 and to finally start competing with the United States and China. So, EC has just proposed a new outline of the strategy for the...
After the financial crisis we saw a rapid development of automated financial advisory platforms (known as robo-advice). The question now arises whether these services constitute a threat to traditional, financial advisory...
The results of a survey conducted by Poland’s central bank, NBP and the Polish Financial Supervision Authority (KKNF) show that large banks are investing heavily in technology and rapidly increase their competitive advantage,...
The expenditures on technology by banks are on the rise, although innovation is primarily gradual in nature and mostly focuses on improving the existing systems to include additional processes. The largest banks are implementing...
The shutdown of most economies due to the pandemic is being reflected in changes occurring in the volume and structure of global payments and is accelerating their digitization. Financial market companies will undergo strategy...
The scale of the boom in the access to banking services via mobile devices is well illustrated by an analysis of the growth rate of the number of users, which amounted to 33 per cent on average in 2014-2019. At the end of...
Polish entrepreneurs have shown that they are able to adapt to any new situation, regardless of how challenging it is. They are used to relying on each other, to support each other. Paulina Walkowiak, CEO of cux.io, says that...
The COVID-19 epidemic has mercilessly exposed the weaknesses in the supply chains of many large enterprises. However, in recent years there have been other cases that should have prompted the companies to change.
In light of the large numbers of new digital entities operating on the financial market, the scope and complexity of the regulatory sphere is increasing. Regulatory and supervisory institutions are starting to reach for advanced...
In December 2019 Russian President Vladimir Putin approved a law that prohibits sale of electronic devices that are not pre-configured with Russian software. Russia’s Federal Anti-Monopoly Service has now drawn up a document...