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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

Robert Marsh

Robert Marsh QA Tester at kasjbvkhasbvkhzsbdvkhbhvkbzvhbhjvbxjhvbhjxzcbvjzxb

Confused.com

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/wealth /identity

Robert Marsh

Robert Marsh QA Tester at kasjbvkhasbvkhzsbdvkhbhvkbzvhbhjvbxjhvbhjxzcbvjzxb

Taking advantage of low rates

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining esse

Robert Marsh

Robert Marsh QA Tester at kasjbvkhasbvkhzsbdvkhbhvkbzvhbhjvbxjhvbhjxzcbvjzxb

Global downturn in the market

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining esse

/retail /wholesale

Raktim Singh

Raktim Singh Senior Product Leader at Infosys

Why 'Agile and Adaptive Banking' is the only survival mantra.

The banking industry is characterized by constant change, and adapting is crucial for capitalizing on opportunities and minimizing risks. The increasing demand for real-time information is causing a corresponding evolution and escalation in customer expectations and a transition from physical to virtual service delivery. Need for Agile and Adapti...

/retail /wholesale

Priya Kumari

Priya Kumari Digital Content Marketing Specialist at MSys Technologies

The Resilience of Credit Unions: Shaping the Future of Consumer Loans

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 have managed to maintain their share and even make gains in specific sectors. This article explores the recent trends in credit unions' consumer loan...

/payments /markets

Ken Wan

Ken Wan Senior Solutions Architect at SAS

Harnessing the Power of Monetary Oversight to Tackle Sophisticated Financial Fraud

Thank you to technological advances, it is becoming increasingly convenient for consumers to carry out online transactions, such as online purchases and money transfers by clicking on a link or using a mobile phone number (authorised push payments). On the other hand, the increasing acceptance of online transactions makes it easier for fraudsters ...

/risk /crime

Raktim Singh

Raktim Singh Senior Product Leader at Infosys

On Demand Pay

"On-demand pay" allows employees to request a portion of their compensation before the next pay period. This is especially beneficial for personnel who may encounter unanticipated financial obligations. The provision of "on-demand pay" grants personnel the flexibility to withdraw accrued wages at their preferred time. Along with...

/payments /retail

Shiv Nanda

Shiv Nanda Content Strategist at https://www.financialexpress.com/

AML in Banking: Why and How It’s Essential?

Organizations must use AML in the banking sector to avoid any illegal activities and secure essential data. It’s much needed in the digital landscape as imposters are also using advanced illegal means to combat the AML process. Securing users from terrorism and drug trafficking is essential in the digital age. Above mentioned conditions mandate ...

Iain Swaine

Iain Swaine Director EMEA, Global Advisory at BioCatch

Most Surprising Fraud Scams and What to Expect in 2024

Fraudsters are fickle. What’s new is old in the world of cybercrime, with fraudsters often just repackaging up an old attack with a new bow. But it is for this very reason that it is so difficult to predict the next move they’ll make. Recently, we reached out to a team of industry experts and practitioners to get their perspective on one question...

/payments /crime

Alex Kreger

Alex Kreger Founder & CEO at UXDA

Specifics of UX consultants and fintech designers in the banking industry

Choosing the right fintech designer and UX consultant for a financial company's digital product is crucial for building a great service and a solid and positive financial brand image. The Pareto principle states that 20% of efforts impact 80% of success. In terms of digital financial products, actions related to user experience (UX) have the bigge...

/people /retail