Banking

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

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

Balancing the Scorecard : Beyond Cost Income Ratio in Agency Banking

In the grand theatre of banking, some actors stride onto the stage clad in heavy armor, risking their own fortunes for applause. Others, lighter on their feet, merely broker the spectacle earning their place without wagering their own wealth. Yet, when the curtain rises on performance metrics, both are judged by the same harsh spotlight : the cost...

14 November 2025 /regulation /wholesale

Cliff Bunting Director at PurplePatch Broking Ltd

Why Basel III is bringing new scrutiny to credit bureau spend

The full implementation of Basel III in July 2025 is now placing increased pressure on banks’ balance sheets. Capital and liquidity requirements are higher across the board, which means every discretionary cost is under review. And rightly so. While lending portfolios and risk models have been overhauled to meet the new standards, one critical are...

30 October 2025 /regulation /retail

Konstantin Dubovitskiy Sr. Account Executive at Checkbook.io

The US interbank payments ecosystem

Interbank payments ecosystem is extremely complex and involves a lot of moving parts that most of us (even those in payments), never encounter. By the end of this article you will better understand how banks communicate with one another, what do those communication channel look like and how do funds get settled depending on the channel. Definitions...

14 October 2025 /payments /retail

Eric Bierry CEO at SBS

Modernizing Banking from the Core: Why Every Tech Investment Must Start with Customers

Customers expect more from banks than ever before between instant payments, personalized offerings and seamless digital experiences–putting pressure on banks to innovate quickly. To meet customers' evolving demands, banks are rethinking the technology that powers their services, from cloud infrastructure to the core banking systems that store and p...

14 October 2025 /retail

Varadarajan Narashimman Solution Director -Global Deal Management at TEMENOS UK LTD

Virtual Account Management Driving More Value with Less

https://www.finextra.com/blogposting/15164/virtual-account-management-driving-more-value-with-less Transaction banking is no exception to the unprecedented challenges that the banking and financial services industry faces today. With traditional business margins eroding consistently, banks are looking to contain costs, eliminate inefficiencies and ...

13 October 2025 /wholesale

Yamen Bousrih Manager Business Expert at Vermeg

The Eurosystem Collateral Management System : From Vision 2020 to Reality !

On June 16th, 2025, the Eurosystem Collateral Management System (ECMS) officially went live. A major milestone for the European financial infrastructure and a personal achievement for me as well. Having been involved in this transformative project from its early stages from the Vendor side I’d like to take a moment to reflect on this journey and ...

16 September 2025 /payments /markets

Jonathan Frost Global Advisory, EMEA at BioCatch

The agentic bank: Where innovation meets risk

Tomorrow’s banks are transforming the way they operate. Griffin, a UK-based banking-as-a-service fintech, recently announced plans to integrate autonomous artificial intelligence (AI) agents into its core banking infrastructure, while traditional bank ING has already confirmed the incorporation of agentic AI into its operations. The prospect of m...

02 September 2025 /ai /crime

Cliff Bunting Director at PurplePatch Broking Ltd

FCA's revamped returns put pressure on bureaux and the credit providers they serve.

In May 2025, the FCA introduced PS25/3, a new regulatory return for firms with permissions for credit broking, debt counselling, and credit information services. It replaces the returns process introduced in 2014, which the regulator had concluded was no longer delivering the level of clarity needed to monitor risk in the market. The updated retu...

04 August 2025 /regulation /retail

Alexey Reshko Chief Operating Officer at Transferra UN Limited

Cut the Fat: The Real Cost of Cross-Border Payments

In today’s globalised world, cross-border payments are essential for freelancers, small businesses, and multinational corporations alike. Whether you're paying overseas vendors or remote employees, understanding the true cost of sending international payments is vital to protecting your margins. Yet, most companies are paying far more than they re...

30 July 2025 /payments

Cliff Bunting Director at PurplePatch Broking Ltd

The Bureau billing errors costing firms millions

What if the rates you're paying for bureau data aren’t just high, but inaccurate? Over the past five years, many credit bureaux have upgraded their billing systems. But these upgrades have inadvertently revealed a deeper issue: long-standing billing errors that often go unnoticed, particularly within complex tiered pricing agreements. In many cas

03 July 2025 /regulation /retail