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.
Securing funding has long been problematic for micro, small and medium enterprise (MSME) businesses. Bank loans often require solid credit history, a long track record, or proof of ample cash revenue to gain approval. This is simply not possible for many small businesses and is especially cumbersome for small companies located in developing countries such
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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
In the past few years, three major trends have shaped online payments: the rise in e-commerce, the growing need for digital identity solutions, and the change in the labor force. Learn how online payments are shaping the future.
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Ever since Bitcoin came to the fore as a cryptocurrency providing an alternative to traditional finance, blockchain has been demonstrating its capabilities within financial services. In this article, we take a closer look at how blockchain technology is driving value for financial service organizations. The value of DeFi One key financial services use case for
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As fintechs broaden their product sets and partner more closely with banks, the once-clear line where fintech ends and banking begins is increasingly muddled, raising questions about customer privacy, data security, compliance and other issues. Banks partnering with fintechs must evolve their compliance and third-party management processes to successfully manage the relationship, says Tom Grundy,
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.
22 FEB 2022, 2:00 PM EST Even with lower supply, real estate agents are seeing higher than normal demand this early in the year. In January, purchase loan application volume rose 2% from week one to two, according to the MBA. Looking into the spring, is your financial institution ready for the uptick? Consumers want
