Posts tagged as start-up

The Lithuanian fintech start-up challenging the card networks

Thursday, March 11, 2021

A fintech start-up from Lithuania is revolutionising the way that card payments are processed, potentially offering huge savings to merchants. Debit and credit card networks dominate the payment processing sphere across the globe. But now, a Lithuanian fintech start-up, Kevin, is issuing a challenge to this status quo, building new infrastructure based on PSD2 and account to account (A2A) payments. PSD2 (Payment Services Directive 2) is an EU-level directive first…