Monetha DTRS Mirrors Paypal and Trustpilot Running on Ethereum Blockchain

A combination of PayPal and Trustpilot, run on the Ethereum blockchain will commence on the August 22nd. Ethereum blockchain based mobile payment processing company Monetha, is powered by smart contracts with a decentralized trust and reputation system. Monetha’s decentralized trust and reputation system (DTRS) uses smart contracts integrating flawlessly with the payment processor. It is…

WooCommerce Expands Local Payment Methods in Local Currencies Globally

Payment methods like SEPA, iDEAL, eps, Sofort, giropay, BoletoBancarió, UnionPay and many more are now just a few clicks away. Alternate Payments, a specialist in local payment methods, has launched a plugin for WooCommerce. The company just improved this globally popular e-business platform by developing a plugin which will enable millions of eCommerce merchants, and…

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Revel IT

Revel Systems announced the official opening of its IT division in Vilnius, Lithuania. Revel Systems iPad POS was founded in 2010 in San Francisco with the goal of changing the Point of Sale market.

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Danske Bank Launches mBanking Transfer Service

Smart phones users no longer need to know the beneficiary’s bank account to make a money transfer, just the recipients mobile telephone number. This allows bank transfers will be completed at the speed of an SMS and free of charge by entering the required amount and the beneficiary’s telephone number in a smartphone application. This service is particularly convenient for a circle of close acquaintances when it comes to paying for items purchase jointly, sharing the bill for dinner, or quickly transferring money to children. Mobile payment can be used not only for transfers of money, but also for money orders by specifying the required amount and pressing the confirmation button. Security and reliability of payments is ensured by additionally signing the transaction with a PIN code and allowing the user to set transaction limits himself.

Ðiauliø bankas Expands ATM network

Ðiauliø bankas has joined the joint ATM network of Ûkio bankas, “Citadele” bankas, Nordea and Danske banks. With this, forty ATMs of Ðiauliø bankas will be connected to the joint network of automated teller machines. It is the fourth ATM network in Lithuania by size which soon will cover 270 ATMs in forty seven towns of the country. The network is managed and administrated by the provider of electronic commerce and payment solutions “First Data Lietuva”. The cooperation of banks in this project enables not only improving the accessibility and quality of cash withdrawal by optimal location of ATMs but also assists in rational management of network development costs.


Gemalto is delivering 900,000 of its “Sealys Laser-Secured e-ID” cards to the Ministry of Interior. The “Gemalto e-ID” card is made of polycarbonate. The national ID card is mandatory for all citizens above 16 and also serves as a travel document in all EU countries. The card features contactless technology for identity verification at border crossings, based on fingerprint check. It also embeds a contact microprocessor which contains a certificate for on-line identification and a qualified certificate for electronically signing official documents such as contracts and declarations. Gemalto’s references in national e-ID programs include notably Bahrain, Belgium, Finland, Oman, Portugal, Qatar, Saudi Arabia, Sweden and UAE. Taiwan has also recently deployed Gemalto’s digital security technology for its smart
card-based resident card.


For its VeriFinger and MegaMatcher fingerprint identification,
Neurotechnologija biometric identification technologies has introduced
the “Smartcard Finger-Match.” The security add-on utilizes smartcard
technology for biometric fingerprint verification that is stored on the
providing increased security over smart cards or fingerprint identification
alone and is fully integratable with existing card infrastructures.
Neurotechnologija’s VeriFinger and MegaMatcher fingerprint templates,
when used with the solution, provides accuracy and reliability for security
applications in various industries using fingerprint matching templates.
Matching is determined using the cards embedded microprocessor and
biometric information without transfer to an external computer, enhancing
security. This two-factor authentication verifies the validity of the
and the identity of the person, allowing the original template to remain on
the smartcard to ensure privacy. Neurotechnologija solutions are integrated
with over 1000 system integrators and fingerprint sensor providers with
more than 30 products and version upgrades.

BS/2 Expands its ATM Security Solution

BS/2, a division of the Penki Kontinentai Group has
announced the availability of their ATM security service in Western
Europe. The security service, “ATMeye”, monitors ATM activity triggered
only when the machine is approached, resulting in less ‘dead’ time on
recordings. This system also helps banks address complaints regarding
ATM failure. BS/2 has developed products to suit self-service networks
and ATM’s and services more than 10,000 installations at banks in 54