Transactive Systems

3 results about this entity

Period: 21 May 2018 - 01 Jun 2023

/regulation

Lithuania revokes Transactive Systems UAB's licence over AML failures

The Bank of Lithuania has revoked Transactive Systems UAB's electronic money institution licence and fined the payments firm €280,000 for "seriously and systematically" infringing anti-money laundering and counter terrorist financing requirements.

/regulation

Transactive upgrades internal AML transaction monitoring platform with Sentinels

Transactive is one of the leading fintechs adopting the open banking initiative. It provides businesses access to digital banking services via its B2B2C payments platform.

Transactive Systems gains FCA e-money licence; partners with ClearBank for Faster Payments

Transactive Systems, the international instant payments provider has been authorised by the Financial Conduct Authority as an Electronic Money Institution to issue e-money and provide payment services in the UK and across the EU.