Edvards Margevics

Nov 8, 2024 | retailtouchpoints.com | Edvards Margevics |Adam Blair

November 8, 2024 at 8:01 AM EST By Edvards Margevics, CONCRYT Mahemud-stock.Adobe.com Fuelling the import and export of goods and services, cross-border payments are essential to global trade — a fact that was recognised by G20 leaders in November 2020 when they endorsed a roadmap to revolutionise cross-border payments by 2027. Back then, while the world was distracted by a global pandemic, it seemed there was plenty of time to achieve even the most ambitious goals — namely the quantitative...

Jun 18, 2024 | finextra.com | Harshita Soni |Dmytro Spilka |Edvards Margevics |Steve Sabin

News in your inbox For Finextra's free daily newsletter, breaking news and flashes and weekly job board. Channels Group External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The elections for the European Parliament, held between 6th and 9th of June, could end up significantly impacting capital markets on the continent.

Jun 14, 2024 | finextra.com | Harshita Soni |Dmytro Spilka |Edvards Margevics |Steve Sabin

The global wealth management market is experiencing phenomenal growth, estimated at a staggering USD 54.27 billion in 2023 This impressive figure is projected to reach a significant ng a robust CAGR (Compound Annual Growth Rate) of 7.0%. This growth can be attributed to several factors: Rising Affluent Population: The global population of high-net-worth individuals (HNWIs) is growing rapidly, creating a larger client base for wealth management services.

Jun 14, 2024 | finextra.com | Edvards Margevics |Robert Kerrigan |Harriet Christie |Barley Laing

The contemporary banking system operates in a dynamic and interconnected global landscape. While this presents vast opportunities, it also introduces novel challenges to financial security. According to a report by Deloitte’s Center for Financial Services, generative AI could drive fraud losses in the United States to an estimated $40 billion by 2027, up from $12.3 billion in 2023. This represents a compound annual growth rate of 32%.

Jun 13, 2024 | finextra.com | Dmytro Spilka |Edvards Margevics |Steve Sabin

The global automotive embedded systems market was valued at $20.7 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 8.5% during the forecast period of 2023-2030. This impressive growth rate underscores the increasing demand for technologically advanced vehicles and the integration of cutting-edge embedded systems.