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Latvijas Banka coordinates the development of Latvia’s Fintech strategy
Latvia is an innovative and dynamic player in the Baltic-Nordic financial sector. Recognizing the transformative potential of digital finance, in the end of 2024, Latvijas Banka took a leading role in the coordination of a comprehensive Fintech strategy with the objective to position Latvia as a regional hub for innovation, investment, and sustainable growth.
The future of financial services in Latvia: a vision for innovation, connectivity, and purpose-driven growth
Latvijas Banka serves as the backbone of the financial system, and one of its responsibilities as the central bank of Latvia is to shape an innovative, resilient, and purpose-driven financial system through financial market supervision.
Latvijas Banka is issuing an electronic money institution operating licence to SIA Paytegra
The Supervision Committee of Latvijas Banka has issued an electronic money institution operating licence to SIA Paytegra.
A major step for financial inclusivity: non-bank payment service providers’ access to SEPA
Latvijas Banka has taken a groundbreaking step by opening access to its EKS – retail payment system – to non-bank payment service providers (PSPs).
Latvia Fintech Forum 2024
On 5 November, the Latvia Fintech Forum in Riga brought together several hundred representatives from the financial technology sector across the Baltics and other European countries for engaging discussions on current developments in the sector.
Latvijas Banka provides non-bank payment service providers with the possibility to join the EKS
Latvijas Banka has done all the necessary preparatory work and provided non-bank payment service providers with the possibility to join the Electronic Clearing System (EKS) – the payment system created and maintained by Latvijas Banka ensuring the execution of instant payments and other payments made by customers across the SEPA or in the countries of the European Union and the European Economic Area.
Key takeaways from Latvijas Banka’s webinar on crypto-asset regulation and recording
On 30 September, Latvijas Banka held an insightful online webinar discussing the latest regulatory developments in the field of crypto-assets. The event attracted 128 participants.
