Press & blog

The market crash has impacted the technology sector, particularly companies heavily invested in artificial intelligence and fintech.

Ukrainian entrepreneur Ryta Zasiekina, CEO of banking payment firm Concryt, details how the Ukraine-Russo war impacted her business life and how it made her adapt by bringing in top talent in a time of uncertainty.

Ukrainian Ryta Zasiekina encountered the beginning of the war precisely on her birthday and immediately decided to leave the country. Previous contacts brought her to Latvia, where she founded the company Concryt, which is now successfully mastering the payment processing industry.

Angel investor and founder of the innovative fintech project Concryt , Ryta Zasiekina, found out about Teramot when she met its CEO and co-founder, Bruno Ruyu, at Stanford's Executive Program earlier this year.

Such events not only cause significant business disruption, but also severely undermine customer trust in banking. For many customers, this instance serves to highlight the risks often associated with a cashless society. Moving forward, banks everywhere must strengthen their security measures and operational resilience, with a need to reflect on their contingency planning.

Make sure you have the right combination of expertise and youth on your team. This is one of our key values: we attract experienced individuals as well as young, ambitious people who can offer a different perspective.

Despite discrepancies in growth between regions, and ongoing barriers to full adoption, it’s estimated that up to half of B2B payments will be made in real-time by next year.

Representatives of CONCRYT view the Eurosystem's trials as potentially significant for the evolution of blockchain and cryptocurrencies.

As central banks navigate the complexities of CBDCs at their varying development stages, the fintech-driven private sector is striding ahead in its quest to reimagine traditional payment methods, and create new ones altogether.

Edvards Margevics looks at why debanking is on the rise, the consequences of the practice, and how to protect yourself against it.

Azimkhon Askarov looks at why we should work to overcome these barriers to unlock the full benefits of RTPs.

Meet Ryta Zasiekina, Founder of CONCRYT, providing game-changing expertise in payments and banking. Ryta talks about her incredible journey, her role models and her advice to others.

One of the biggest challenges that women face in business is to be able to be perceived as a competitor by men.

Having spent a decade consulting in the payments and banking industries, Ryta Zasiekina, Founder of CONCRYT, has gained a reputation as a dynamic decision-maker and skilled negotiator. Originally from Ukraine, Ryta was forced to flee her homeland for Riga, Latvia, in spring 2022, where she is now founder and co-CEO of CONCRYT.