Found 37 results in 2 seconds.
Trading, analytics, treasury, and risk management solutions provider ION has partnered with Raiffeisen Bank International (RBI) to implement its ISO 20022 solution.
partnership, ISO 20022, SWIFT, payments , TARGET2, FX , cross-border payments, Swift messages, banking, KYC, compliance, fintech, paytech
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
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 Central Bank of the Russian Federation has begun testing the digital rouble platform and has completed a cycle of transfers between individual clients.
CBDC, banks, digital currency, digital wallet, digital assets
The Bank of Russia, the country’s central bank, has admitted that cross-border payments in crypto are inevitable in the current geopolitical conditions.
banks, cryptocurrency, cross-border payments, central bank, regulation
The Central Bank of Russia has announced its plans to begin the implementation of the digital ruble in 2024.
CBDC, digital currency, central bank, crypto asset, blockchain
The Central Bank of Russia has announced it’s ready for the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia.
central bank, regulation, mining, cryptocurrency, digital assets
Russia's central bank kept its key interest rate at 20% on 18 March following an emergency rate hike in late February and warned of an imminent spike in inflation and a looming economic contraction.
central bank, regulation, financial institutions, financial sanctions, Russia Ukraine War, interest rate
The central bank of Russia has announced that the Visa and Mastercard payment systems will stop functioning and some local lenders would look to use China’s UnionPay system instead.
MasterCard, Visa, UnionPay, payment processing, Russia Ukraine War, Issuer
Global payment processors and card issuers Visa and Mastercard have blocked multiple Russian financial institutions from their network, in compliance with the US government sanctions imposed over the ongoing war in Ukraine.
Russia Ukraine War, central bank, Visa, MasterCard, credit card, SWIFT, Swift messages, cross-border payments, regulation
Japan has announced on 1 March 2022 that it joined the US and its international allies in imposing additional sanctions to the Russian Federation, amid the conflict in Ukraine.
central bank, financial services, financial institutions, bank account, bank transfer, transaction monitoring, Russia Ukraine War
The National Bank of Russia has raised its key interest rate to the highest point in the past two decades, reaching a new historic high of 20% from former 9.5%.
central bank, Russia Ukraine War, banks, interest rate
European Union officials have announced new EU sanctions against the Central Bank of Russia (CBR), which will limit the bank’s ability to access its reserves and thus destabilise the Russian ruble.
Russia Ukraine War, central bank, banks, regulation
The Central Bank of Russia has announced it started testing Know Your Customer platform together with 40 banks so far.
regulation, KYC, money laundering, regulatory sandbox, banks, fraud detection, central bank, bank transfer
banks, cryptocurrency, regulation, digital assets
banks, central bank, Open Banking, API, fintech, SMEs, regulation
regulation, digitalisation
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
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
Alexandra Constantinovici, senior editor with The Paypers, drills down on the most relevant updates in the global payments industry, with focus on key particularities from each geography.
payment methods report, The Paypers, payment methods, online payments, mobile payments, cashless society, QR payments, pay later solutions, Asia, US, UK, Spain, The Netherlands, Southeast Asia, Africa, Kenya, Nigeria, LATAM, Brazil, Mexico, Japan, Singapore, ecommerce, online commerce, Unified Payment Interface, tap-on-phone, POS, mobile PoS