Good Morning into a new week of the bankera project:
Once again here some reliable Information:
Just last week we had the opportunity to talk to the CEO in the official Bankera Chat:
https://chat.bankera.com/channel/communityDo you have some more questions? Put them in here!! :-)
Here some questions from community:
Are we getting soon Fiat gate to crypto in exchange?
We have been told cards are being printed and could be delivered before end of the year vould clarify which ones? The SC cards? Bankera ones? Or third provider?
Why do we need SC cards and Bankera Cards? I mean why distinct?
New cards will have same restrictions as linked cards? As for example I cannot use card with SC as linked card due to my nationality..
What about Pervesk is it going to offer more services than IBAN?
Here the answers from the CEO
Yes, we have it in plans, but I will not lie, we are not currently working for it, but that's in the horizon. SC cards will be by third party provider and yes they are in process of being printed, Bankera cards are also in process to be issued by Pervesk. Firstly, Bankera and SpectroCoin are distinct products due to regulator and clarity, SC will focus on crypto -> fiat link, while Bankera is on track to be a neobank, I believe once regulatory climate will change we will merge everything in one peace, but for now as we said, we see it as a puzzle. Secondly, we have distinct solutions to leverage the risk of one program being shut down or so, so we would be able to offer the service anyhow. Linked cards are provided by another third party and the limitation is due to their policies, this does not have impact for issued cards constrains (well, I will not lie, SC cards will be for EEA first, but that's why we are building our own infrastructure with Pervesk etc to outgrow these limitations). Pervesk will be offering cards both issuing of cards as well as letting to accept cards as payments, also it will offer other payments methods, it is an engine behind a number of features.
Also here a summary of real Information for the Project:
Regarding all the story related to UAB Pervesk, Spectrocoin, Lithuanian Bank and FNTT, long story short:
1) Lithuanian Bank has checked UAB Pervesk (partnership with Bankera, belongs to the same owners, has an Electronic Mony license in Lithuania with a right to operate in all European Union Member States), FNTT (lit. - Finansinių Nusikaltimų Tyrimo Tarnyba - special Lithuanian criminal investigation body for the investigation of the financial crimes and all related) also participated in this audit.
use google translate (Verslo Žinios in Lithuania is the same as Financial Times for the rest of the world - the most credible resource):
https://www.vz.lt/rinkos/2018/09/21/mokejimu-istaigai-ir-jos-vadovui--12-mln-eur-baudu2) all the story is about KYC regulations - Know Your Client it is connected to AML (Anti Money Laundering), policies the Finantial institutions (UAB Pervesk in this case) has to implement to prevent crimes, basically to collect a relevant data from your Clients related to the source of the money. This audit had nothing to do with a scam or something like that!!!!!
3) One more time - the story with fines and FNTT is only related to KYC procedures!! Only!!!
4) Vilnius regional administrative court has lifted All the fines from UAB Pervesk and it`s CEO!!
read an 12-06-2019 article about that in Verslo Žinios (google translate will help):
https://www.vz.lt/rinkos/2019/06/12/teismas-panaikino-baudas-bankeros-ikurejui-ir-susijusiai-imoneiand our Lithuanian second biggest news website 15min:
https://www.15min.lt/verslas/naujiena/bendroves/teismas-panaikino-pervesk-ir-jos-vadovui-skirtas-baudas-663-11588405) AND FINALLY - LITHUANIAN CENTRAL BANK HAS ANNOUNCED ITSELF THAT on 25-01-2019 IT HAS LIFTED ALL THE RESTRICTIONS AND UAB PERVESK HAS NO MORE KYC ISSUES!!!!
READ OFFICIAL LITHUANIAN BANK`S STATEMENT ON THE OFFICIAL WEBSITE!!!
https://www.lb.lt/lt/naujienos/lietuvos-banko-valdybos-nutarimai-140Second section of the announcement, google translate will help to translate from Lithuanian.
Believe only official-governmental resources!!!!