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

Toine Van Beusekom Strategy Director at Icon Solutions

Payments outsourcing: minimising risk and maximising value-added services

Research indicates that payments transformation isn’t optional—it’s imperative for survival. Yet modernising payments infrastructure can be a costly undertaking. Tier 2 and 3 banks can roll out a successful payments transformation programme that minimises risk and maximises innovation for value-added services. Ask anyone in the industry and most w...

08 February 2023 /payments

Mark Aldred Head of Sales at Auriga

A Magnificent Seven Retail Banking and Fintech Trends to Spy in 2023

1. Collaboration made easy with platform-based ecosystems In this interconnected modular digital world, acting alone is too onerous for most companies. As such, working collaboratively to complement, adjust and support joint efforts is essential to leveraging digital ecosystems. This shift towards platform-based ecosystems is expected to gain mome...

01 February 2023 /retail /predictions

Julija Jevstignejeva Banking infrastructure for fintech, e-com and busi at Magnetiq Bank

A one-stop service to FinTech

“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 acti...

24 January 2023 /payments /startups