Discover all the payments and fintech-related news and analysis about Russian Federation in The Paypers News, Reports, along with other Russian Federation-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Russian Federation in The Paypers News, Reports, along with other
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The Central Bank of Russia has decided to use cryptocurrencies for cross-border payments in trials with private companies.
cryptocurrency, central bank, cross-border payments, digital assets
The Bank of Russia has announced that it would extend its support package for National Payment System (NPS) entities in 2023.
payment processing, central bank, financial sanctions, payments
Russia-based Sberbank has announced that in February 2022 it will launch one its largest Pay Sticker technology mass testing, offered to users free of charge.
mobile payments, product launch, NFC, payment methods, Sberbank
Atos, Société Générale, OpenWay, and Thales are among the payment-oriented companies on the list of 120 western brands that have divested from Russia.
banks, payments , payment processing, Russia Ukraine War, fintech
The Russia-based Yandex search engine has updated its currency converter and now shows cryptocurrency rates in a number of fiat currencies.
cryptocurrency, product upgrade, digital currency, digital assets
The Central Bank of Russia has revealed its plans to launch a series of tests involving digital ruble transactions between real customers.
CBDC, central bank, cryptocurrency, digital assets
Russia-based VTB Bank has suffered the largest cyber-attack in its history and is having technical difficulties as a result.
hacking, banks, online security, data breaches
The parliament of Russia has published a draft law that considers using digital assets for cross-border payments in a bid to overcome sanctions.
cross-border payments, digital assets, digital payments, regulation
The Bank of Russia has revealed that the digital rouble platform will support interactions with other central bank digital currencies (CBDCs).
cryptocurrency, CBDC, central bank, digital assets
Tinkoff has cancelled interest payments due later in March 2023 on a dollar-denominated Eurobond, days after being targeted with Western sanctions.
payments , Russia Ukraine War, banks, financial institutions, financial services
The government of Russia has given up on its plans to create a national cryptocurrency exchange and will direct its focus elsewhere.
cryptocurrency exchange, cryptocurrency, cross-border payments, regulation
Russia’s Federation Council has recently passed a bill that grants legal authority to the country’s central bank digital currency (CBDC).
cryptocurrency, CBDC, central bank, regulation
Cryptocurrency exchange Binance has entered an agreement to sell its whole of its Russia business to CommEx.
cryptocurrency, blockchain, compliance, acquisition, digital assets
Samsung Pay, a South Korea-based payment service, has announced its decision to stop working with Russia’s national Mir payment cards starting April 3 2024.
regulation, payments , online payments, mobile payments, digital payments, ecommerce
Russia-based MTS Bank has announced that it will hold an Initial Public Offering (IPO), aiming to accelerate its development and growth process.
product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Russia-based online bank Tinkoff has announced its plans to issue up to 130 million additional shares in order to fund a deal to integrate Rosbank into its structure.
banking, mobile banking, digital banking, online banking, financial services, financial institutions
Russia has decided on a strict ban on crypto circulation to bolster the ruble amidst geopolitical tensions.
cryptocurrency, Ethereum, Bitcoin, digital assets, regulation
A recent ruling by a St. Petersburg arbitration court in Russia has mandated the seizure of assets, accounts, property, and shares owned by UniCredit, a major Italian bank, and its subsidiaries.
asset recovery, financial sanctions, lending, banks
Russia plans to initiate its first cross-border payments using the digital ruble in the second half of 2025.
cross-border payments, digital payments, settlement, CBDC
The Russian Central Bank has revealed its decision to significantly expand its digital ruble pilot programme starting 1 September 2024.
CBDC, digital assets, cryptocurrency, central bank