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Fintech

SCA Deadline is Nearing: is the Market Prepared?

August X, 2020. Strong Customer Authentication, or SCA, has officially gone into effect on the 14th of September, 2019. However, with the market being unprepared to roll out the necessary changes till the priorly set date, the European Banking Authority has pushed the final deadline to 31st of December, 2020, with a few exceptions for […]

05/08/2020

In the face of global crisis, Lithuanian fintech companies increase investment in legal compliance

Despite the economic crisis caused by the coronavirus epidemic, fintech companies in Lithuania are planning significantly larger investment this year into legal compliance, monitoring and money laundering prevention tools, data from the association Fintech Hub LT, which unites fintech industry representatives, shows.

20/04/2020