Eugenijus Preikša, who has more than 35 years of experience in the financial and banking sector and also holds the position of Chief Risk Officer has joined the Board of European Merchant Bank, as a new member. “From the very beginning of the European Merchant Bank's...
Blog
Which Embedded Finance Trends Your Fintech Should Follow In 2022?
Embedded finance is a trend that is increasing in popularity as the banking landscape becomes more diverse and convenient. This trend in banking is becoming an integral part of many non-traditional financial services. It will continue to become a prominent trend in...
EMBank 2021 results: 13x revenue growth and EUR 27.7 million growth in loan portfolio!
For European Merchant Bank, which holds a banking licence from ECB and has been operating in Lithuania since 2019, the results for last year were the best in its history. The bank has significantly improved in all its operating metrics, according to the Bank’s audited...
Which Factors to Consider Before Using Banking as a Service for Your Fintech?
Consumers expect their payments to go through quickly and without problems in an increasingly cashless world. They can conveniently make payments directly from their bank account over their mobile devices. The speed and efficiency of these payments put the power back...
How Can Fintech Adopt The “Challenger Bank” Mindset for Enhanced Customer Experience?
Changes in technology evolve at a rapid pace. Yet, the financial sector is slow at adapting to these changes. There are many reasons for this, but the main reason is that the financial industry already has an extensive technological infrastructure. As a result, any...
How to Obtain the E-Money EMI License in Europe?
Electronic money, or e-money, has simplified our lives as the fintech industry develops new technologies to make purchasing goods and services more accessible. Suppose you want to offer payment services as an Electronic Money Institution (EMI) in Europe. In that case,...
The sea of digitalisation continues getting deeper. How will digital banks move forward in 2022?
By trying to keep pace with the latest technologies. This is how digital banks have moved forward in recent years and how they have continued to grow even in the face of the COVID-19 pandemic. And it's obvious that they will continue to grow, as each of us now...
Outsourcing Requirements for Payment & Electronic Money Institutions
In September of 2019, the Final Report of European Banking Authority Draft Guidelines put in new outsourcing guidelines for all credit, investment firms, payment, and electronic money institutions. These guidelines replace the previous guidelines issued by the...
Procedures and Requirements to Apply for the UK Payment Institution and EMI License
The United Kingdom has been the European center for the fintech industry for the past several years. In 2020, the UK issued licenses to 52 Payment Institutions (PIs) and 38 Electronic Money Institutions (EMIs). There are also over 400 PIs conducting financial...
2022 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB
2022 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB