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Economy

Israel’s Simplex Payment Services to develop payment platform in Lithuania

Simplex, an Israeli financial technology (fintech) and cybersecurity start-up, has chosen Lithuania ahead of the likes of Luxembourg, Cyprus and the UK as the location for its new global supervision and sales team. The company plans to employ around 20 experts in sales, support, Fraud analysis, marketing, information technologies, data analytics, quality supervision and finance in the coming couple of years, Invest Lithuania announced in a press release. […]

Cyber-crime
Society

Cyber-crime incidents on the rise in Lithuania

According to the Lithuanian National Computer Emergency Response Team (CERT-LT), the number of registered cyber-crime incidents grew by 15 percent over the last year. […]