Tag: Lithuania
Lithuanian P2P lending platform Savy taps Amlyze for compliance solutions
Lithuanian P2P lending and crowdfunding platform Savy chooses Amlyze as its primary compliance solutions provider for international expansion.
FactsSavy, operated by Bendras finansavimas, partners...
Lithuanian credit union group Kreda taps Amlyze for AML and compliance services
Kreda has chosen Lithuanian regtech company Amlyze as its preferred provider of anti-money laundering and compliance services, aiming to modernize its compliance standards.
FactsKreda,...
TransferGo hit with €310,000 fine from Bank of Lithuania for AML failings
Electronic money institution UAB TransferGo Lithuania has been fined €310,000 by the Bank of Lithuania for violating anti-money laundering and counter-terrorist financing laws.
FactsUAB...
Payhawk launches in Lithuania after securing EMI licence from central bank
Bulgarian fintech firm Payhawk has expanded into Lithuania by securing an Electronic Money Institution (EMI) license from the Bank of Lithuania. With this license,...
Lithuania publishes national fintech guidelines
Lithuania has published National Fintech Guidelines as part of its plan to establish itself as a leading fintech hub in the European Union (EU)....
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 violations of AML and payments...