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Banks nowadays are in stiff competition for human resources with fintech. The financial technology sector often offers higher pay. Still, the prospects of many such start-ups are difficult to forecast – they are as likely to occupy a solid niche as they are to go bust. Stable companies in Latvia are only a handful. Primarily, fintech players active in Latvia are headquartered in foreign countries – the United Kingdom, to name one – despite maintaining offices in Riga and employing staff in Latvia
India's payments landscape has undergone a remarkable transformation in recent years, driven by the rapid adoption of digital payment methods. From traditional cash transactions to cutting-edge mobile...
With the BoE and FCA’s renewed focus on improving data collection and sharing within the credit information market, the industry has rightly raised questions. What impact will these changes have on le...
Introduction: In the aftermath of the 2008 financial crisis, regulators implemented Basel III to fortify the global banking system. Among its many provisions, collateral optimization emerged as a crit...
Will the banking industry continue to evolve at an increasing rate year on year? In the 21st Century, the answer to this question seems to be inextricably linked to the progress of technology and regu...
Centuries of history and decades on the high street mean that traditional banks, like the UK’s ‘big four’ of Barclays, Lloyds, HSBC, and Natwest, are often perceived by customers to be the most trustw...
Credit providers understand the critical challenge with the rise of complex financial crimes, from cyber theft to money laundering. Criminals are using advanced technologies—the same ones that make di...
Introduction While credit unions have experienced a slight slowdown in growth, they have proven to be more resistant to market fluctuations compared to banks. Despite facing challenges, credit unions ...
NatWest in UK last week announced that it is ditching its BNPL products and many experts not are attributing this due to the over crowded market and banks may gradually become less interested in thes
In a world where people learn to use their thoughts and brain chips to control technology, plastic cards and 2-day transactions still prevail. Such a strange combination, don't you think? It often see...
Change has been a constant in the financial services industry, but there is no doubt that the pace of change has accelerated in the past couple of years. Remaining competitive and relevant is increasi...
The rapid advancement of financial technology, or FinTech, has significantly transformed the financial services industry, particularly impacting traditional banking. The Indian financial sector, tradi...
In an era where digital transactions are the backbone of the global economy, ensuring the integrity and transparency of information on cross-border payments and card transactions has become critical