Fintech

Consultation by Lietuvos bankas: what’s next for Lithuania’s payments market?

To provide more possibilities to choose and higher protection for consumers and to ensure the development of services, Lietuvos bankas presents a proposal for a payments market strategy up to [..]

The volume of cashless payments exceeded 1 trillion euro in 2024

In 2024, 876.0 million customer non-cash payments totalling 1.1 trillion euro were executed by Latvian payment service providers (credit institutions, electronic money institutions, payment institutions, credit unions, Latvijas Banka, and [..]

Singaporean fintech Telcoin establishes 2nd company in Vilnius

Telcoin, a Singaporean fintech company, has established its already second company in Lithuania. Telcoin was established in Vilnius on July 18 and is led by David Stuart, a UK citizen [..]

Restoration of services continuing at Hansab, banking services working in Estonia

As of Tuesday noon, automation services provider Hansab, which came under a cyber attack on March 1, is continuing with the restoration of the operation of some specific IT systems. [..]