US EditionThe first non-bank payment service provider has joined Latvijas Banka's payment system EKS
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Latvia’s Central Bank Opens Payment System to Non-Bank Providers - Fintech in Baltic
xpate, an electronic money institution licensed in Latvia, has become the first non-bank payment service provider to join the Electronic Clearing System (EKS), the payment system operated by the Central bank of Latvia, Latvijas Banka. This marks the first instance within the euro area where a central bank has enabled direct participation of non-bank payment service providers in a system it maintains. As of 17 October 2024, Latvijas Banka has ope…
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