The Baltics

A major Nordic banking group has agreed to pay $33m to resolve the matter.

The DPAs from Estonia, Latvia, and Lithuania are intensifying cooperation amid AI and national security concerns.

Cards issued by four major banks will enable retail payments to function in the event of internet or mobile services disruptions.

The Lithuanian DPA’s new breach statistics for H1 2026 showcase human error as an important challenge in GDPR compliance.

Firms should expect continued emphasis on sound governance, operational resilience, and transparent supervisory engagement.  

New Nordics AI (NNAI)’s interim leadership explores what it takes to accelerate AI adoption and support EU AI Act compliance across the region.

While licensing and transaction revenues grew during 2025, most of them are still tied to the 10 largest institutions on the market.  

Launched in October 2025, and financed by the Nordic Council of Ministers, New Nordics AI is an initiative that supports the region in creating competitive and responsible AI solutions.