FinTech means technology-enabled financial innovation. European Commission emphasizes that there is a strong need to improve the competitiveness of European FinTech companies, creating a common regulatory approach across all countries. This could foster innovative solutions in banks and FinTech companies, together with the application of big data, artificial intelligence, and blockchain technologies.

Application of low-intensity pulsed ultrasound in combination with microbubbles might enhance the delivery of chemotherapy medication used for treating cancers. In their study, a team of Lithuanian researchers from three universities – KTU, LSMU and VMU – claim that the rate of microbubble survival time is the best indicator for determining the efficiency of sonoporation, i.e. ultrasound-induced laceration of the cancer cell membrane.

QS World University Rankings announced the newest edition of QS Emerging Europe and Central Asia (QS EECA) Rankings. Kaunas University of Technology (KTU) has improved its rank and is among the 50 best universities in emerging Europe and Central Asia. Also, KTU is the 1st in the region according to Staff with a PhD criterion.

After analysing the data from 226 large manufacturing companies from the European Union, a team of researchers from Lithuania, Poland and Sweden have drawn a conclusion that organisations almost do not mention circular economy principles in their environmental reporting. In their reports, the organisations mostly refer to the effective use of primary flows and minimising waste. However, the other principles related to product lifecycle extending and useful application of materials are not sufficiently disclosed, according to a recent study lead by researchers of Kaunas University of Technology (KTU), Lithuania.

Mykolas Romeris University (MRU) maintains a high-level of scientificity and a number of study fields have improved their positions, according to university ratings released by the magazine "Reitingai" (Ratings)” for the 2021 fall/winter period.

The experience of foreign universities shows that campuses not only create opportunities for researchers representing different fields to cooperate, thus ensuring the development of interdisciplinary research projects, but also create an environment allowing students to acquire the competencies necessary for the modern labour market. Dean of the Faculty of Mathematics and Informatics of Vilnius University (VU) Prof Paulius Drungilas and Dean of the Faculty of Chemistry and Geosciences of VU Prof Aldona Beganskiene say that investing in the construction of new VU faculties of Mathematics and Informatics as well as Chemistry and Geosciences in the Sauletekis academic campus will create conditions to speed up the currently insufficient development of interdisciplinary studies and science.

This year’s Nobel Prizes are being presented in Stockholm and Oslo this week. On Tuesday, Emmanuelle Charpentier and Jennifer Anne Doudna were officially awarded the Nobel Prize in Chemistry. On this occasion, Vilnius University decided to symbolically honour prof. Virginijus Šikšnys, a scientist who was eligible for the Nobel Prize in Chemistry and deserved it for his achievements.

For the seventh time Vilnius University (VU) maintains a leading position in the rankings by subject published by the “Rankings” journal. VU is the first in 30 academic fields of bachelor and integrated studies and as many as 35 academic fields of master degree studies. Compared to the previous year, VU has improved its positions in 2 bachelor and 1 master study fields.

KTU Faculty of Chemical Technology Professor Vytautas Getautis in a science world is mostly known for achieving a world record of solar cells’ efficiency. Developed together with other researchers, this solar cell can convert 29.15% of incident light to electricity. On December 11, the study, describing the production of the record-breaking cell, was published in Science Magazine, one of the major scientific journals in the world.

The project aims to make a substantial contribution to youth unemployment problem solving in Vilnius, Grodno, Minsk and Vitebsk regions by creating an alternative method of youth entrepreneurial and self-employability capacities development through closer cooperation between education and R&D institutions and exchange of good practices.