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6 Technologies Driving Change in the Financial Sector
Financial technology – or “fintech” – is driving swift growth in the financial sector, with […]
ConnectPay Launches the First Simplified Embedded Finance Version
ConnectPay, one of the biggest EMIs in Lithuania, launched a simplified embedded finance version with built-in Strong Customer Authentication (SCA) module. It's designed to simplify compliance with PSD2 regulations for B2C businesses in Europe and the UK, allowing companies to easily integrate mandatory authentication requirements, reducing operational complexity and preventing revenue loss from failed compliance.
Cross-Border Payments in Numbers: Global Corporations Lost $120 Billion in Transaction Fees
The current cross-border payment system imposes high costs on businesses and economies worldwide, stifling economic […]
Small Countries and Fintech: Will Lithuania Rise to the Global Fintech Arena?
Over the past decade, Lithuania has worked to shape itself into an attractive locale for […]
Simas Simanauskas - ConnectPay - MPE 2023
At Merchant Payments Ecosystem 2023, we sat down for a conversation with Simas Simanauskas, the […]
Launching Neobank in One Day? Velmie and ConnectPay Join Forces to Offer End-to-End Digital Banking Solution
In 2022, investments in Fintech took a dive, falling more than 30% compared to the […]
ConnectPay partners with Salt Edge to offer open banking payments
ConnectPay, one of the fastest-growing Electronic Money Institutions (EMI) in Lithuania, joined hands with Salt […]
Facing Uncertainty after Wirecard Collapse: An Insider’s View on Mitigating Situation and Third-Party Necessity
On June 25th, payment processing company Wirecard filed for insolvency, leaving numerous companies in uncharted territory. ConnectPay, an online banking service provider, has shared their view on the matter and raised the question of third-party involvement in digital payments.
ConnectPay Launches Payment Verification App as Response to Pandemic-Related Privacy Concerns
In order to strengthen privacy safeguards, ConnectPay has released a payment verification app as a direct response to COVID-related confidentiality concerns
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