Sections
Latvia
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5.9KFaster PaymentsCan On-Demand Pay Stop QSRs’ Employee Churn?
The faster payments landscape is changing rapidly, most recently with the U.S. Federal Reserve’s announcement that it will launch its own real-time...
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4.1KRegulationWith New AML Laws, Latvia Looks To Remove Main Regulator
Latvia’s parliament has passed new regulation to bolster the fight against money laundering and terrorism financing. After a series of recent scandals,...
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5.9KInternationalEU Wants Tougher AML Enforcement
The vice president of the European Commission in charge of the euro, Valdis Dombrovskis, said Brussels wants more stringent enforcement of anti-money...
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7.4KBusinessGot $9M? Then You Can Get A Bank
Got $9 million? You can buy a nice house on expansive grounds, and maybe a fancy car, or three. Or … you could...
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3.3KBank RegulationMeridian Trade Bank Fined For Breaching AML Laws
Meridian Trade Bank, which serves residents in Latvia and Lithuania as well as some non-European clients, has been fined for breaching anti-money...
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3.3KInternationalLatvian Defense Ministry Says Corruption Allegations Are Fake News
The Latvian Defense Ministry is contending that corruption allegations — which resulted in the suspension of a central bank governor on Tuesday...
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4.4KInternationalLatvia’s Central Bank Rocked By Bribery, North Korean Sanction Violations
Latvia’s banking system is facing more issues. Not only did one bank have to request emergency support after U.S. officials accused it...
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3.6KEuropeLatvian Member Of ECB Snared In Corruption Probe
Latvia’s top banking official and key European Central Bank member Ilmārs Rimšēvičs is currently facing accusations of bribery and money laundering. Latvian Prime...
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7.2KAlternative FinancesEuropean Lender Twino First To Sell Russian Loans
Latvian online marketplace lender Twino announced on Thursday (Dec. 1) that it will soon list Russian subprime loans on the company website....
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5.8KFintech InvestmentsLatvia’s Mintos FinTech Startup Grows P2P Loans Marketplace
Mintos, a Latvian P2P lending startup, which provides a platform for investors to finance nonbank lender loans, has raised $2.2 million in a...
