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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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AliExpress Russia acquires 30 percent stake in KazanExpress

News | Ecommerce | 30 Mar 2021

AliExpress Russia has invested in KazanExpress, a major regional ecommerce company from Russia, by acquiring a 30% stake.

AliExpress, acquisition, ecommerce

Digital Alliance, QIWI Group launch SoftPOS-based payments acceptance solution

News | Mobile Payments | 02 Apr 2021

Sweden-based fintech Digital Alliance and QIWI Group, a Russia-based provider of payment services, have launched a payments acceptance solution based on SoftPOS technology.

Digital Alliance, QIWI Group, mPOS, mobile payments

VTB to achieve its digital transformation by the end of Q1 2022

News | Online & Mobile Banking | 08 Apr 2021

VTB has announced that its digital transformation strategy will be achieved by the end of Q1 2022. 

banks, digital banking

Bank of Russia presents new CBDC concept

News | Cryptocurrencies | 09 Apr 2021

The Bank of Russia has presented a new concept for the digital RUB (ruble), a central bank digital currency the regulator has been contemplating since late 2020.

CBDC, central bank, DLT, digital currency

Bank of Russia starts public consultation on ecosystems' regulations

News | Online & Mobile Banking | 13 Apr 2021

The Bank of Russia has suggested discussing main trends in ecosystems’ development and their role in the modern economy, as well as approaches to the regulation of ecosystems’ operation.

regulation, digitalisation

Russia's financial watchdog to present new concept of national digital currency

News | Cryptocurrencies | 19 Feb 2021

Russia’s financial watchdog has said it will present a more detailed concept for the national digital currency by summer, according to online publication RT.

Central Bank of Russia, digital money, cash, electronic money, digital wallet

Cross-border ecommerce in Russia – facts and figures

Voice of the Industry | Ecommerce | 16 Feb 2021

Nadezhda Vinogradova from Data Insight sheds light on the intricate particularities of the Russian cross-border ecommerce market, providing specific examples and stats

Nadezhda Vinogradova, Data Insight, Russia, Europe, ecommerce, cross-border ecommerce

Sberbank to invest USD 400 mln in ecommerce

News | Payments General | 01 Feb 2021

Russia-based Sberbank has announced a USD 400 million investment in the online retail space as it seeks to become one of the country’s leading ecommerce players, according to Moscow Times.

Sberbank, Russia, investment, ecommerce, online retail, online shopping, Goods.ru, Sber, financial institution, bank

Huobi supports RUB deposits and withdrawals

News | Cryptocurrencies | 13 Jan 2021

Huobi, a global crypto exchange provider, has announced support for Russian ruble (RUB) allowing users to deposit and withdraw the new fiat currency on their platform.

AdvCash, Fiat, cryptocurrency, Bitcoin, crypto, Russia, Huobi, cryptocurrency exchange

Venture Investment Fund invests in APIBank

News | Online & Mobile Banking | 08 Jan 2021

The Russian-Belarusian Venture Investment Fund has invested 120 million rubles in APIBank

Venture Investment Fund, APIBank, API, data, fintech, banking

Tinkoff Mobile launches voice assistant 2.0 with customisable features

News | Online & Mobile Banking | 06 Jan 2021

Tinkoff Mobile has launched a new 2.0 version of its voice assistant Oleg, which assists customers to create their own mobile concierge with custom features.

mobile banking, voice assistant, Tinkoff Mobile, Oleg, fintech, Russia, banking

UnionPay, Huawei, Solidarnost Bank enable Huawei Pay transactions in Russia

News | Mobile Payments | 04 Jan 2021

UnionPay International has announced that cardholders using Huawei or Honor smartphones with Solidarnost Bank will now be able to make contactless payments with Huawei Pay in Russia.

UnionPay International, Huawei, Solidarnost Bank, Huawai Pay, Russia, Europe, mobile payments, contactless payments

Russia-based VTB to issue bank guarantees via blockchain

News | Cryptocurrencies | 22 Dec 2020

VTB, the Russia-based bank, has piloted a new blockchain-based system to issue bank guarantees.

VTB, Russia, banking, blockchain banking, bank guarantees, MTS, Masterchain, Ethereum, Russian Fintech Association

Sberbank urges Russia's central bank to rethink CBDC

News | Cryptocurrencies | 17 Dec 2020

The state-controlled Russia-based bank Sberbank has expressed fears that the Russian Central Bank’s digital ruble plans will have a negative effect on liquidity in the nation.

Sberbank, Russian Central Bank, digital ruble, CBDC, e-wallets, liquidity

Tinkoff partners with mobile operators to launch Tinkoff Call Defender

News | Digital Identity, Security & Online Fraud | 08 Dec 2020

Tinkoff has launched Tinkoff Call Defender, a platform designed to prevent fraud and social engineering in the telecom sector developed as part of the Tinkoff Security system. 

Tinkoff, mobile operator, Tinkoff Call Defender, Caller ID, fraud, bank, Russia, anti-fraud, MegaFon, MTS, Tele2, Tinkoff Mobile, Spoofing, social engineering

Alfa-Bank Russia uses NICE authentication to boost security

News | Digital Identity, Security & Online Fraud | 21 Oct 2020

Alfa-Bank Russia has deployed Real-Time Authentication (RTA) solution from NICE, to enable instantaneous verification for its customers.

Alfa Bank, Russia, Real-Time Authentication, Nice, fraud prevention, banking, fraud prevention

Yandex and Tinkoff deal falls through

News | Online & Mobile Banking | 19 Oct 2020

Russia-based Yandex has announced that the acquisition of Tinkoff, worth USD 5.5 billion, has collapsed due to the parties having different views on the matter.

Yandex, Tinkoff, acquisition, Russia, banking, TCS Group Holding

Tinkoff includes financial messenger in super app

News | Online & Mobile Banking | 09 Oct 2020

Russia-based financial ecosystem Tinkoff has launched a financial messenger built into its super app for users to chat while making financial transactions. 

Tinkoff, financial messenger, super app, financial ecosystem, financial transactions, bookings, payments , chat bot, Tinkoff Investments, Tinkoff Business, Tinkoff Mobile, Tinkoff Junior, money transfers

Huobi rolls out crypto trading app for the Russian market

News | Cryptocurrencies | 29 Sep 2020

Huobi Global, a large digital asset exchange, has released a native mobile app for the Russian market.

cryptocurrency, cryptocurrency market, mobile app, digital asset exchange, Huobi, Russia

Yandex agrees on USD 5.5 billion deal for Russian challenger Tinkoff Bank

News | Online & Mobile Banking | 23 Sep 2020

Russia-based fintech Yandex has agreed on a USD 5.5 bln deal to acquire online bank Tinkoff.

Yandex, Tinkoff, challenger bank, banking, online bank, digital bank, fintech, financial technology, mergers and acquisitions, acquisition, Russian Federation, Russia