Posts From Fintechnews Baltic

Digital Banks – A Common Practice Or The Distant Future?

Ten years ago we probably haven’t even thought of the possibility to order a bank card online and that there will be no longer need for us to go to the bank unit where, in the end, the number of

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The 9 Hottest and “Coolest” Fintechs in Iceland

Iceland’s financial services industry has changed rapidly over the past couple of years with fintech solutions at the forefront of these changes. Innovative fintech solutions are provided by the three largest commercial banks in the country, namely Landsbankinn, Íslandsbanki, and

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How Danske Bank Became one of The Largest Employers in Lithuania

Currently, Danske Bank employs 3,725 employees and the average salary is 2,500 euros. The original interview was published in 15min.lt by Ernetas Naprys. Danske Bank has created more jobs than the two major banks operating in the country taken together. According to

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Vilnius Ranked as No. 1 City in Tech Startups

Financial Times’ fDi Intelligence division announced the list of 30 cities that have attracted the most greenfield Foreign Direct Investment (FDI) projects of tech startups per capita during the years 2016-2018. Vilnius was ranked as the leading city and outranked cities like Singapore, Tel

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Bank of Lithuania in Final Sandbox Testing with IBM and Tieto for LBChain

The Bank of Lithuania has chosen IBM Polska and Tieto Lietuva, UAB to proceed to the next stage of its endeavour to create LBChain, a blockchain-based technological platform. The winner of the project will be revealed after the final testing

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Bank of Lithuania Provides Recommendations on Raising Capital Through STOs 

The Bank of Lithuania has issued the Guidelines on Security Token Offering (STO) which provide greater regulatory clarity and aim at higher investor protection. “The current focus on security token offerings is taking over the waning interest in initial coin

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The Largest Fintech Conference in Northern Europe in Lithuania this November

European and global fintech companies, investors and everyone interested in the latest financial technology will turn their attention to Lithuania. Here the largest financial technology conference Fintech Inn in Northern Europe and the Baltic States will be held for the

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Ikea Iceland Settles the World’s First Invoice With Smart Contracts and Licensed Digital Cash

Tradeshift and Monerium announce the successful completion of a transaction that marks a major step forward in business payments and finance. Using Tradeshift’s platform and smart contracts on the Ethereum blockchain, Icelandic retailer Nordic Store purchased goods from IKEA Iceland

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Railsbank is Expanding its Vilnius Engineering Team

Railsbank, a London-based leading global open banking and RegTech platform that has opened an office in Vilnius in 2018 announces that it has raised $10m in a Series A funding round, led by Moneta Capital and joined by CreditEase, Clocktower

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Paysera Introduces Google and Samsung Payments

From now on, Paysera VISA payment cards can be linked to Google Pay and Samsung Pay to purchase goods and services simply by holding a smart device to a contactless card reader. “Mobile payments are not a new thing –

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