Trends

  • Legal aspects of virtual currencies

    Virtual currencies such as Bitcoin or Ether are currently among the hottest topics in some media and also some board rooms. It seems that a whole industry has come to life in only a matter of months. As a result, there is a lot of uncertainty and misinformation — not only with regard to the […]

  • How will we use real money over the next years?

    In July 2017,  the application phase for “Elevator Lab”, the fintech accelerator program of Raiffeisen Bank International (RBI) started. In total, 336 fintech start-ups used the opportunity for a potential long-term cooperation with the RBI Group and RBI’s 16.6 million customers in Austria and the CEE region. 13.4 per cent of all applications were submitted by […]

  • New payment gadgets to come

    Imagine paying for fuel right on the head-up display of your car, or paying for clothes in the changing room, or simply paying with your watch, some other sort of jewelry or the sleeve of your jacket. This is actually not so far from real life, as you might think. As posted in this article […]

  • Smartphones as payment devices

    Financial transactions are speeding up. Transfer times have already become much shorter in the past years. Diverse initiatives on the European level will also promote and challenge this, for example Instant Payments, which means to implement euro payments within ten seconds in Europe by the end of the year – 24 hours a day, 365 […]

  • Who’s winning the Digital Arms Race?

    European countries are constantly increasing the access to broadband and mobile internet and banks are seizing this opportunity. More than 95 per cent of the banks surveyed in Deloitte’s CE top 500 have put a digital strategy in place. In October 2016, Deloitte and the EFMA (European Financial Management Association) evaluated the maturity of digital […]

  • 6 questions about Blockchain with Don Tapscott

    It’s all about Blockchain these days. The technology behind Bitcoin is changing money, business, and the world, says Don Tapscott, CEO of The Tapscott Group, and one of the world’s leading authorities on the impact of technology on business and society. In an exclusive interview for “Discover CEE” he talked about why blockchain could revolutionize […]

  • Authentication via voice biometrics technology

    At the end of 2015, Priorbank was one of the first banks among the CIS countries to offer its customers an authentication technology based on voice biometrics. Nowadays, Contact Center operators are able to verify customers by voice – quick, easy and secure. Traditional identity authentication technologies (passwords, code words, passport number etc.) do not […]

  • Crowdfunding a new financing trend in Austria

    The financing structure of Austrian companies is strongly characterized by bank financing. This means particularly the classical corporate loan; traditional bond financing via the capital market also enjoys a high status. But lately we see a trend towards crowdfunding, explains Eva-Maria Grosse, financial analyst at RBI. In the first half of 2017 alone, 56 projects […]