Number of payment transactions in Lithuania tripled during 2020
Electronic money institutions and electronic payment institutions comprise a significant share of Lithuania’s fintech sector
Bank of Lithuania
Bank of Lithuania’s payment system sets new records
The Bank of Lithuania runs a payment system called CENTROlink
Payrnet now licensed to issue electronic money in Europe
The new electronic money institution license issued by the Bank of Lithuania
ECB says it’s unlikely to contract coronavirus from cash
The virus can be detected on surfaces only in very low concentration
Number of e-money and payment institutions across Lithuania rise
Ten largest institutions in Lithuania gained 59.4% of the sector’s total revenue due to their licensed activities
European bank finds streamline reporting solution
The supervisory authority will get a completely new level of monitoring and analysis opportunities
World’s first blockchain-based collector coin presented
The original silver coin is bearing a denomination of €19.18 to commemorate the year of the Act of Independence of Lithuania
Lithuania revealed its largest investment flows
The manufacturing companies and companies engaged in financial and insurance activities had the largest investment inflows
Bank of Lithuania will check authenticity of foreign currencies
In case the Bank of Lithuania specialists discover that the money is counterfeit, they will immediately inform the police
Licensing for payment and fintech companies: EMI license
This article covers the requirements and peculiarities of EMI license
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