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Ekmel Cilingir

Chairman of the Supervisory Board

European Merchant Bank

Member since

28 Mar 2022

Location

Vilnius

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Ekmel's opinions

5 lessons banks must learn from fintech companies

The value of the global financial technology (fintech) market was USD 112.5 billion last year. The same market is projected to grow threefold to reach USD 332.5 billion over the next six years. This growth is sending a clear signal to the banking sector: a new aggressive player has joined them at the poker table and, if they do not act, it will ta...

10 October 2022 /retail /predictions Fintech

Fintech versus Banks: Time to Choose the Best Strategy.

The fintech industry is like an everlasting engine. Even in the most turbulent of times, when the world is beset by crises and hardships, its revs have hardly decremented. Well, and over time, this expeditious magnification of fintech is increasingly making banks wonder – what’s next? And there are only two possible answers to this question: compe...

09 August 2022 /retail /predictions Banking Strategy, Digital and Transformation

The future of banking in the EU: Four trends

Banking has advanced so much across the EU in recent years that even customers themselves do not always keep up with the innovations. In this insight, I will look at the most striking innovations of recent years and those that will continue to improve banking. Environmental influences and security There is no doubt that the big breakthrough came in...

17 May 2022 /retail /predictions Banking Strategy, Digital and Transformation

Towards a digital euro: There will be changes, it’s important to take advantage of them.

Just over a year ago, in July 2021, the European Central Bank (ECB) announced the launch of the digital euro project. According to the ECB, the first two years will be spent on research and preparation, and the next three on testing and deployment. When the digital euro is launched in 2026, the European Union will be far from being among the leade...

29 March 2022 /crypto /predictions Banking Strategy, Digital and Transformation