Latvia: Riga’s public transport company fined EUR 2.4 million in nano-water criminal case

Latvia’s Competition Council has applied a fine of EUR 2.4 million to Riga’s public transport company Rigas satiksme for participating in a prohibited agreement in the so-called nano-water case, as reported by the council on April 24. The Competition Council uncovered a prohibited agreement in two of Rigas satiksme’s price surveys on procurement of nano-technological…

Latvia: Luminor bank invites clients to switch from code cards to safer security tools

Starting from July 2, Luminor bank will begin applying restrictions to payments made using code cards or GO3 code generators. “Because code cards will remain valid until September 10, clients will be able to gradually adapt to more secure authentication tools. Changes are planned because of stricter EU requirements towards clients’ digital authentication to increase…