Banking

Group founded 24 Jan 2023
Posts 123
Members 13
Group summary

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

More blogs
See all Blogs »
Viren Patel

Fixing the hidden wiring is key to the success of tomorrow’s bank

Technology has revolutionised retail banks over the past decade. Customers now predominantly manage their money via apps with personalised features, virtual assistants, and financial suggestions tailo...

14 Aug 2023
Sergei Artimenia

How Neobanks and Digital Banks Differ

The rise of neobanks and digital banks has revolutionized the banking industry. They offer innovative solutions and user-friendly interfaces that make managing your finances a breeze. Whether you pref...

09 Aug 2023
Sergei Artimenia

What are the downsides of Neo banks?

While neo-banks offer many advantages in terms of convenience and accessibility, it is important to weigh these benefits against the potential drawbacks discussed below. By understanding both sides of...

07 Aug 2023
Sergei Artimenia

What Is Neobanking And How Does It Work?

In this article, I will explore the rise of neobanking and how it has become a game-changer in the financial industry. What makes neobanking so beneficial? How convenient, accessible and personalized ...

04 Aug 2023
Conor Colleary

It’s time to transform corporate banking, and the answer is embedded finance

Embedded finance has sent customer expectations soaring. Integrating a bank’s services directly into applications that their clients use is fast becoming second nature, with products like mobile walle...

04 Aug 2023
Gemma Staite

Phish, RATs, and Mules – Scams that make up the new fraud menu

Fighting financial scams has always been a task as chaotic as feeding time at the zoo. But as remote access attacks and money laundering join Phishing as some of EMEA’s most common digital crimes, cyb...

26 Jul 2023
Nick Green

Strategic data procurement: Drive efficiency in Financial Services

In financial services, data is the lifeblood that powers every decision. However the current landscape is riddled with challenges, most prominent among them being the lack of transparency in data pric...

25 Jul 2023
Nick Green

Emerging trends in financial services procurement

With rising costs and growing data needs, financial services procurement teams are under intense pressure to optimise spend and make strategic decisions. This calls for a new approach - one grounded i...

20 Jul 2023
Adam Preis

Mitigating the Risk of Fraud by Enabling Customers to Never Log In Again

FinTech and banking applications are accessed every day by millions of consumers around the world, and passwords remain the primary method of authenticating users into the service. Yet, they are inher...

17 Jul 2023
Steven Rackham

Money 20/20 2023 takeaways

As one of the largest financial services events, it was great being able to attend Money 20/20 in Amsterdam this year. My first time at an event that started in 2012, that hosts over 20,000 people acr...

12 Jul 2023
Shiv Nanda

Audit Checklist for Bank Advances | Loan Classification & Audit

Advances are banks’ primary income source and are usually the largest item on their balance sheets. Therefore, the audit of advances is a critical aspect of bank audits and falls under the responsibi...

11 Jul 2023
Bob Lyddon

FarageGate shows the ‘Trusted KYC Data Sharing’ project must be stopped

Whatever one’s opinion of Nigel Farage, the concept that he can be de-banked should be troubling to everyone. It should be even more troubling to those familiar with the financial industry’s measures ...

05 Jul 2023

Now hiring