Latvia’s Parliament, the Saeima, on Thursday adopted amendments to the Credit Institution Law, mandating that Latvian commercial banks shall no longer offer the Russian language option in ATMs, the parliamentary press service reports.
ATM
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The first independent ATM network, Medus, has been launched in Lithuania, its operator Worldline Lietuva announced on Tuesday, with Siauliu Bankas and Citadele having already joined it.
Sonect, a Swiss-based fintech platform that allows its users to withdraw cash without a physical ATM, has received an electronic money institution license from the Bank of Lithuania.