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

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

Date:

Trump Directs Evolution of National Crypto Stockpile: Prohibiting CBDC Work

Exploring the implications of Trump's latest crypto mandate on...

The Bank of London Faces Scrutiny for Failing to File Accounts

How Regulatory Oversight and Financial Transparency Play Crucial Roles...

Are Passkeys the Future of Payment Authentication?

Exploring the Security Benefits and Adoption of Passkey Technology...
  • CENTROlink a payment system operated by the Bank of Lithuania provides technical access to the SEPA and TARGET2 settlement system
  • Since the beginning of this year, the Bank of Lithuania changed the fees applied to CENTROlink services
  • CENTROlink plays an important role in promoting the development of the payment services sector
  • On a year-on-year basis, the number of instant payments in 2020 increased from €3.6 million to €17.1 million
  • Taking into account the recent development of CENTROlink services and growing interest in financial market participants
  • Bank of Lithuania continue strengthening the control of both new and existing payment service providers
Exit mobile version