Technology

International Internet Magazine. Baltic States news & analytics Tuesday, 17.09.2019, 01:48

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Baltic International Bank implements the Open Banking solution

Baltic International Bank implements the Open Banking solution

16.09.2019

In its business processes, Baltic International Bank ensures full compliance with the European Union’s (EU) Payment Services Directive 2 (PSD2) offering the open cooperation platform Open Banking. The service is secure because the Bank, upon receipt of the customer's request, verifies that third party providers (TPPs) are appropriately certified.

Keyword tags: Banks, Financial Services, Innovations, Latvia, Technology



Focus on Influential Digital Freedom Festival 2019 Tech Event: Sustainable Development and Impact

Focus on Influential Digital Freedom Festival 2019 Tech Event: Sustainable Development and Impact

16.09.2019

When discussing technology and innovations we must consider the vast opportunities as well as the downsides of globalisation. This year influential technology event Digital Freedom Festival invites to participate in discussing the impact of technology on sustainable development, taking into account the United Nations Sustainable Development Goals 2030. The festival will gather more than 1600 participants from all over the world in Riga on November 14th and 15th. It will focus on the role of humans in the new technology age with the main conference topics centering around the economy of the future, technology in healthcare, green technologies, smart mobility and lifestyle.

Estonia: Mobile-only fintech Monese to launch activity in 6 new countries

Estonia: Mobile-only fintech Monese to launch activity in 6 new countries

13.09.2019

Monese, a mobile-only current account provider of Estonian origin, is planning to expand to America and Asia as well as Romania, Bulgaria and Turkey in the near future, informed LETA/BNS.


Estonian ForMin to get cyber diplomacy department

Estonian ForMin to get cyber diplomacy department

13.09.2019

he Estonian government at its meeting endorsed a proposal to establish a cyber diplomacy department at the Ministry of Foreign Affairs, informed LETA/BNS.

Gandalf Distribution AB becomes a wholly owned subsidiary of ELKO Group

Gandalf Distribution AB becomes a wholly owned subsidiary of ELKO Group

12.09.2019

After successfully operating in the Nordic region for two years, ELKO Group signed an agreement for purchasing the remaining 15% of shares of Swedish-based distributor Gandalf Distribution AB at the end of August, thus concluding the acquisition.


12.09.2019

Microduct manufacturer Höhle opens a new factory

Höhle OÜ, a plastic microduct manufacturing company unique in Estonia, opened its new factory in Lõiuse village in Rapla county. The factory produces over 200 km of micro ducts per day, which go to the domestic market as well as to 12 European countries. The total investment for the factory was over 4 mln euros, BC informed Höhle OÜ representative.

11.09.2019

IT company Mikrotikls profit increases 1.8 times in 2018

Network equipment manufacturer Mikrotikls last year operated with a turnover of EUR 258.711 mln, up 2.8% y-o-y, while the company's profit increased 1.8 times to EUR 79.349 mln, according to Firmas.lv informed LETA.

10.09.2019

Estonian digital solutions conquering the global energy market

Estonian companies Enefit Nortal, Datel and SMAGRINET will present innovative digital solutions at the World Energy Congress in Abu Dhabi on September 9-12. With over 150 countries represented, World Energy Congress is the world’s largest and most influential energy event covering all aspects of the energy agenda President Kersti Kaljulaid will be the keynote speaker of the congress on September 10 and will also participate in a panel discussion "Getting to grips with the blockchain: Cutting through the hype".

09.09.2019

Pavilion of Latvian Defence Industry will be unveiled in London

On 10 September this year in London, at the Exhibition Hall “EXCEL” Pavilion of Latvia will be opened at the most important exhibition of defence and security industries “Defence & Security Equipment International”. At the international exhibition Latvia will be represented by manufacturers of dual-use products representing the sectors of information and communication technologies, aviation, electronics, ammunition and tactical wear.

09.09.2019

SES Redefines Live Events with Synchronised Satellite and OTT

SES’s latest solution, which will be showcased at IBC2019 in Amsterdam, synchronises over-the-top (OTT) and satellite broadcasts by delivering IP signals to OTT platforms as fast as satellite to create enhanced live viewing experiences, SES announced today. The new solution, named Satellite and OTT in sync, gives broadcasters the power to deliver a more consistent experience to viewers watching any screen, or even multiple screens, by eliminating the delay between their TV broadcast and OTT services.

29.08.2019

TLDCON 2019 agenda now available

The agenda of TLDCON 2019, the 12th international conference for ccTLD registries and registrars of the CIS, Central and Eastern Europe, which will take place in Vilnius, Lithuania, has been published. The conference is organized by the Coordination Center for TLD .RU/.РФ with the support of DOMREG.LT (host), the Internet Technical Center (general partner), ICANN and the Vilnius Convention Bureau.

27.08.2019

Silikaat Grupp to open automated boutique hotel in Tallinn at end of August

Construction company 1Partner Ehitus has handed over to Silikaat Grupp the building of a boutique hotel named Nothel that will be opened already before the end of August, informed LETA/BNS.

27.08.2019

Lithuania ranked 23rd in Digital Quality of Life index

Lithuania is ranked 23rd out of 65 countries worldwide in Surfshark's first-ever Digital Quality of Life (DQL) index.

23.08.2019

Estonia, Latvia and 5 other nations to develop NexGen unmanned ground system

The Estonian Center for Defense Investments on Friday signed an agreement with representatives from Belgium, Finland, France, Germany, Latvia and Spain for the development of Modular Unmanned Ground Systems (MUGS) with funding to be sought from the European Defense Fund (EDF), informed LETA/BNS.

23.08.2019

Estonia: Skeleton Technologies' ultracapacitors to power Skoda trams in Germany

Skeleton Technologies, a company of Estonian origin that provides ultracapacitors and energy storage systems for transportation and grid applications, will supply ultracapacitor systems to traction equipment manufacturer Skoda Electric for 114 trams to be delivered to Mannheim, Heidelberg, and Ludwigshafen in Germany, informed LETA/BNS.

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