Lithuania wants to become a global FinTech powerhouse. In recent years, the market has gone from one struggling with high financial illiteracy and limited card...
The Bank of Lithuania has suspended the majority of activities of payments company SatchelPay, reports said Tuesday, barring the Lithuanian company from issuing electronic money...
With Britain set to leave the European Union on March 29, financial companies from Britain and elsewhere are scrambling to secure electronic money institution licenses...
Google Payment Lithuania, a unit of Alphabet’s Google, was granted an electronic money institution license by The Board of the Bank of Lithuania. Finextra, citing Google,...
Cyber-attacks launched by Russia are the biggest threat to the financial system in Lithuania, a new survey of financial institutions conducted by the country’s central...