Banking

Group founded 24 Jan 2023
Posts 122
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

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Nick Green

Is your current data bureau meeting your needs?

The right data bureau will offer their services in the most transparent and flexible way, as well as be a valuable asset to your credit risk team. But how do you know if your current bureau is the ‘ri...

04 Jul 2023
Anurag Bhatia

How can banks capture the full value of customer data?

Data continues to be a hot topic, with recent breakthroughs such as ChatGPT highlighting even more the transformational effect that AI and data will have on the way we live and work, and how service p...

03 Jul 2023
Prasoon Mukherjee

Bridging the 'EQUITY' gap in embracing inclusion.

One of the fundamental reasons diversity in middle management and leadership levels is crucial is because of its potential to foster a broader range of perspectives and ideas. When leaders come from d...

02 Jul 2023
Grant MacDonald

The three key characteristics to detect money launderers in the financial sector

The growing complexity of the financial sector is creating new opportunities for money launderers. As a result, it is essential that financial institutions are equipped with the appropriate knowledge ...

20 Jun 2023
Sergei Artimenia

How to get an Electronic Money Institution (EMI) license in Europe?

In recent years, the European financial landscape has experienced a significant shift with the rapid growth of electronic money institutions (EMIs). This has been fueled by the increasing demand for i...

18 Jun 2023
Igor Tomych

Empowering the Future of Banking: My Top 10 Picks for ChatGPT Use Cases in the Industry

Artificial intelligence (AI) has become a game-changer in the world of financial services, with a broad range of applications such as investment banking, insurance, wealth management, and others. Chat...

14 Jun 2023
Retired Member

The future of banking policies

The future of banking policies will be shaped by a range of factors, Stricter regulations are expected to be implemented to ensure financial stability, combat money laundering, and protect customer da...

12 Jun 2023
Greg Waisman

The Future of Finance: Blockchain Technology Set To Reshape the Financial Landscape

For a while now blockchain has been considered a disruptive element in the field of banking, as it has several advantages that enable crypto transactions to far outstrip traditional systems. It is for...

09 Jun 2023
Shawn Conahan

8 Requirements to Sell Your Product to Banks and Other Financial Services Organizations

Having partnered with many banks and financial services organizations, I’ve learned a lot going through the business development process with each of them. Based on this experience, for other fintechs...

08 Jun 2023
Abhinav Paliwal

Why Implementing Generative AI Is Challenging For Banks

Generative artificial intelligence (AI) has the potential to revolutionize the banking industry, offering numerous benefits such as Enhanced customer experience Streamlined operations Fraud Detecti...

02 Jun 2023
Shiv Nanda

From Crisis to Opportunity: Using eKYC to Transform Banking

It’s no wonder financial institutions (FIs) are losing millions annually to fraud and money laundering. Despite ongoing amendments to anti-money laundering policies, the industry still faces challeng

23 May 2023
Peter Dugas

Recent bank failures and the emerging regulatory focus

Recent bank failures in the US and bank acquisitions, on both sides of the Atlantic, are expected to put pressure on banking institutions to examine and rationalise their corporate governance and risk...

19 May 2023

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