At the virtual investor meeting held on 15 February, LHV presented the financial plan for 2022 and the five-year financial forecast. Madis Toomsalu, Chairman of the LHV Group, Kadri Kiisel, Chairman of the Management Board of LHV Pank, and Vahur Vallistu, Chairman of the Management Board of LHV Varahaldus, spoke.
Fintech 3.0 has revolutionised the financial world by taking banking and finance to consumers’ phones. But what does the growth of neobanks mean for the banking sector and new-age banks? Fintech is not a new concept. Fintech 1.0 saw the emergence of the transatlantic cable in 1866 and the introduction of one of the most
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NCMC – National Common Mobility Card – India’s initiative for implementing an interoperable transport card plus a Payment card in it. This video provides an overview of NCMC ecosystem and its message flows.
Environmental, social, and governance (ESG)–related news was splashed across headlines throughout 2021. The U.S. and U.K. governments have set the most ambitious carbon-reduction goals on record. Anheuser-Busch InBev announced a $10.1 billion sustainability-linked revolving credit facility, the largest ever for a publicly listed alcohol company. And BlackRock—the loudest investor voice calling for companies to improve in terms of
It’s common to start off the new year with a list of financial goals. Maybe yours include hitting a certain target in your savings account. Or maybe you’re hoping 2022 will be the year you pay off your credit cards for good and stop throwing money away on interest. No matter what specific objective you’re targeting, a side hustle could
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Credit card issuers continuously add perks to add value and attract new customers. If you’re a Capital One cardholder or have been thinking about getting one of its cards, you may be interested in a new benefit that appeals to adventure travelers. Keep reading to see if your Capital One credit card has this new
In the following interview with MundoTech, Omega García, Product Director for Digital Commerce in North Latin America, spoke about the evolution of the transactional ecosystem in Mexico and what it has meant for Fiserv. Likewise, the issue of security in electronic commerce transactions.
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In banking, trends and their related buzzwords pop up with increasing rapidity. Not all of them turn out to be impactful, but enough do that banks and credit unions not only have to track them, but — more importantly — grasp their significance.It’s true, what you don’t know can hurt you. And yes, definitions matter.No
A finance charge refers to any cost related to borrowing money, obtaining credit, or paying off loan obligations. It is, in short, the cost that an individual, company, or other entity incurs by borrowing money. Any amount that a borrower needs to pay in addition to paying back the actual money borrowed qualifies as a
