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Tag: Bank of Lithuania

Lithuania revokes licence of former Railsr unit

The Bank of Lithuania has revoked the license of UAB PayRNet, a former subsidiary of Railsr, due to serious...

Bank of Lithuania: Apply stricter controls on fintech access to payment system

CENTROlink a payment system operated by the Bank of Lithuania provides technical access to the SEPA and TARGET2...

Bank of Lithuania: Progress of financial innovations requires equal treatment

In response to the European Commission’s consultations on the development of the digitalisation of financial services in Europe ...

Bank of Lithuania: Presents solution to streamline reporting procedures

Bank of Lithuania: Presents solution to streamline reporting proceduresIntroduced a RegTech solution prototype which will automate reporting procedures...