Future of Financial Technology in Baltics and EU

To promote the discussion on the European Commission initiatives on financial technology and to continue a dialogue on development of more competitive and innovative solutions in Baltics, on March 23 the discussion on “Future of Financial Technology in Baltics and EU” was organized by three banking associations – Association of Lithuanian Banks, Estonian Banking Association and Association of Latvian Commercial Banks.
Its goal was to foster a dialogue between industry experts regarding the European Commission’s financial technology initiatives, as well as the development of a more competitive and innovative financial sector in the Baltics.
According to Valdis Dombrovskis, Vice-President responsible for Financial Stability, Financial Services and Capital Market Union, “The Baltics are among the EU's Fintech leaders, thanks to the early adoption of digital technology, a sense of entrepreneurship, and growing cross-border cooperation, to name a few factors.”
“Future of Financial Technology in Baltics and EU” was a joint initiative with the European Commission (EC) Cabinet of Vice-President Valdis Dombrovskis based on successful engagement in summer 2017 when Association of Latvian Commercial Banks had gathered nine financial and related field associations of Latvia to develop and submit proposals to the European Commission for a joint position regarding the future of the EU financial market.
Before and after the event participants had a unique opportunity to inspire and learn about different solutions and services from event partners: Ellex Kļaviņš, Latvijas Banka, FCMC, LVRTC, Nordigen, SEB, Swedbank, and Toneboard.
Venue: Latvijas Banka, Golden Hall, Kr. Valdemāra street 1b
To find out more about the event, please click here.
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