The Israel Fintech Center News
4 articles
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Visit to Israel Strengthens Latvia-Israel Fintech Collaboration
The Investment and Development Agency of Latvia (LIAA) organized a visit to Israel to strengthen fintech collaboration between Latvia and Israel. A Memorandum of Cooperation was signed with the Israel Fintech Center, marking the beginning of a promising partnership. The visit aimed to introduce the Israeli fintech ecosystem to opportunities for entering the European Union market through Latvia. Meetings with leading law firms were held to present Latvia’s offerings to companies looking to expand into the EU market. The delegation included representatives from Latvijas Banka, Latvian Blockchain Association, Venture Faculty, Magnetiq Bank, and DECTA.
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The Largest Meeting of Fintech Ecosystems in Central-Europe
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Moldova's Path to Open Banking Transformation Discussed with Experts from Moldova, Israel, and Latvia
The National Bank of Moldova is spearheading a transformative initiative in the countrys financial sector with the introduction of Open Banking and an Instant Payment System. During a webinar held on July 27, 2023, experts from Moldova, Israel, and Latvia discussed the potential challenges and opportunities of implementing Open Banking in Moldova. The event highlighted the regulatory, business, and technological aspects of Open Banking, drawing lessons from Israels successful implementation. The webinar emphasized the potential for improved customer experiences and partnerships for financial institutions. Over 100 professionals attended, underscoring the importance of collaborative initiatives in driving fintech innovation.
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Bahrain FinTech Bay and The Israel Fintech Center sign MOU
Bahrain FinTech Bay (BFB) has entered into a strategic partnership with The Israel Fintech Center (IFC) through a Memorandum of Understanding (MOU) aimed at advancing the fintech industry in the region. This collaboration is set to foster international partnerships and contribute to the Financial Innovation for Longevity Forum (FIAL Forum). The agreement was signed in Tel Aviv, with notable attendees including Bahrain’s Industry Minister and the CEO of BFB. The partnership will focus on providing innovative solutions to SMEs and enhancing interactions between Bahraini and Israeli financial institutions, with an emphasis on emerging technologies such as Open Banking and Blockchain.
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