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Electronic money and payment institutions on the rise in Lithuania

News | Payments General | 20 Mar 2020

At the end of 2019, a total of 115 electronic money (EMI) and payment (PI) institutions operated in Lithuania.

electronic money, Payment Institutions, Bank of Lithuania, payments , licences, study, Lithuania

Singapore to licence neobanks and wholesale banks

News | Payments General | 11 Mar 2020

Singapore’s regulatory authority has announced that in June 2020 they will issue operational licences to three neobanks in order to provide better services to underbanked enterprises.

digital banking, Singapore, fintech, MAS, Ant Financial, TikTok, licences, neobanks, Monetary Authority of Singapore

Revolut secures Singapore and Japan licences

News | Payments General | 30 Nov 2018

Challenger banking service Revolut has secured licences in Singapore and Japan for planned launches in 2019.

Revolut, Singapore, Japan, licences, digital banking, Monetary Authority of Singapore, Financial Services Agency of Japan