In implementing the Bank of Lithuania’s goal to ensure better access to financial services in the regions, commercial banks operating in the country are ready to improve physical service…
Payments have become an integral part of everyday life. We pay in cash, by payment cards, or transfers – whichever is more convenient for us. But what to do if “it happens…
The European Gaming and Betting Association (EGBA) has filed a complaint with the Bank of Lithuania (LB) regarding the possible illegal activities of the Lithuanian electronic money institution “Walletto,” reported…
For violations of money laundering and terrorist financing prevention, the Bank of Lithuania imposed a fine of 90 thousand euros on the electronic money institution “Nuvei” for inadequate client business…
Lietuvos bankas (LB) imposed a fine of 19 thousand euros on the financial services company “TeslaPay” for violations of money laundering and terrorist financing prevention, the report said on Thursday…
The European Central Bank (ECB) plans to issue a digital euro by 2029, and the Bank of Lithuania (LB) states that it would allow payments by card or online without…