Bank Of Lithuania news and trends

Transactive Systems’ Growth Reportedly Slows Upon Bank of Lithuania Review
Regulation // February 23, 2023

Transactive Systems’ growth has reportedly slowed after the Bank of Lithuania imposed limits on it. The Bank of Lithuania said Jan. 20 that the electronic money institution (EMI), which is licensed by regulators in Lithuania and the United Kingdom, cannot take on new customers or...

ECB Supports Central Bank Digital Currencies
Bitcoin // May 29, 2019

A European Central Bank (ECB) official is throwing his support towards wholesale central bank digital currencies (CBDCs). In fact, Vitas Vasiliauskas, a member of the Governing Council of the ECB and chairman of the board of the Bank of Lithuania, said the real issue at...

Quick Reads
Payhawk Enhances Payments Infrastructure With Visa Europe Membership

November 01, 2023
Payhawk, a spend management FinTech company, announced it has become a principal member of Visa Europe. This membership will enable Payhawk to issue Visa cards directly, without relying on third parties, giving the company greater control over its payment infrastructure. The ability to issue Visa cards directly will not only accelerate innovation for Payhawk but […]

Transactive Systems’ Growth Reportedly Slows Upon Bank of Lithuania Review

February 23, 2023
Transactive Systems’ growth has reportedly slowed after the Bank of Lithuania imposed limits on it. The Bank of Lithuania said Jan. 20 that the electronic money institution (EMI), which is...

ECB Supports Central Bank Digital Currencies

May 29, 2019
A European Central Bank (ECB) official is throwing his support towards wholesale central bank digital currencies (CBDCs). In fact, Vitas Vasiliauskas, a member of the Governing Council of the ECB...