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Find here all the latest articles, news, and research on Russia Ukraine War and other Russia Ukraine War-related topics:

Find here all the latest articles, news, and research on Russia Ukraine War and other Russia Ukraine War-related topics:

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China-Russia ties grow stronger, India investigates Chinese lending apps

News | Online & Mobile Banking | 19 Aug 2022

Russia has jumped to become the third largest market for the yuan, according to Reuters, while Chinese digital lending apps are investigated by the Reserve Bank of India, moneylife.in reports.

Russia Ukraine War, lending, online fraud, digital banking, Mir

Five Turkish banks to adopt Russia's Mir payments system

News | Payments General | 08 Aug 2022

Five Turkish banks have adopted Russia’s Mir payments system, Turkey’s President Recep Tayyip Erdogan said after talks with President Vladimir Putin.

banks, payments , Russia Ukraine War, partnership, e-wallet

Can domestic payment systems shield economies against high third-party reliance risks?

Voice of the Industry | Cards | 02 Aug 2022

Kledjona Mollaj, Consultant at Be | Shaping the Future UK, discusses the latest changes in Russia’s internal payment system and the challenges faced by the government amid the invasion of Ukraine.


Russia Ukraine War, local payment method, remittance, SWIFT, debit card, credit card, Issuer, central bank, mobile payments, online payments

HSBC to sell its Russian unit to Expobank

News | Payments General | 22 Jul 2022

HSBC has agreed to sell its Russia business to Expobank, signing a deal shortly before Moscow said it would move to block the sale of foreign banks' Russian businesses in retaliation for restrictions imposed on its own lenders.

banks, Russia Ukraine War

Central Bank report: Russia issued a record number of cards after the exit of Visa and Mastercard

News | Cards | 21 Jul 2022

The Central Bank issued a statistical bulletin informing that the number of issued bank cards in Russia in the first quarter of 2022 increased by 12 million.

central bank, Russia Ukraine War, report, credit card, Issuer, card scheme, expansion

Zimpex suspends crypto withdrawals

News | Cryptocurrencies | 21 Jul 2022

Digital assets exchange platform Zimpex has officially announced it is pausing withdrawals until further notice.

cryptocurrency, cryptocurrency exchange, crypto, crypto asset, online platform, trading platform, COVID-19, Russia Ukraine War, Unicorn

Sberbank reuses bank card chips to fight shortage

News | Cards | 08 Jul 2022

Russia-based Sberbank has started removing chips from un-activated cards to combat shortage after European suppliers halted deliveries based on EU sanctions imposed on the country amid the ongoing Ukraine invasion.

Russia Ukraine War, financial sanctions, credit card, debit card, card scheme

Tinkoff suspends outgoing SWIFT transfers

News | Online & Mobile Banking | 07 Jul 2022

Russian online bank Tinkoff has suspended outgoing SWIFT transfers in foreign currencies until October 2022, after it had struggled with such transactions due to restrictions on Russia's banks.

SWIFT, regulation, financial sanctions, Russia Ukraine War

European ecommerce to keep growing in 2022: report

News | Ecommerce | 28 Jun 2022

Ecommerce Europe and EuroCommerce have published the ‘2022 European E-commerce Report’, which reveals ecommerce continues to grow, despite lockdown being lifted.

ecommerce, report, digitalisation, Russia Ukraine War, COVID-19

Russia enforces MIR card adoption in new countries

News | Cards | 26 May 2022

Following the decision of Visa and Mastercard in early March 2022, followed by Chinese UnionCard, to back away from its territory, Russia has pushed the adoption of the homemade MIR cards, according to EWDN.

Russia Ukraine War, Visa, MasterCard, debit card

The fallout from the crisis in Ukraine brings alternative payment networks front and centre

Interviews | Online Payments | 26 May 2022

Eli Shoshani, Head of APAC at Bottomline, shares his predictions for the future of alternative payments networks. 

Bottomline Technologies, Russia Ukraine War, financial sanctions, banks, online payments

How sanctions against Russia complicate cryptocurrency acceptance

Voice of the Industry | Cryptocurrencies | 24 May 2022

As sanctions against Russia continue to impact the country, MRC explains how cryptocurrency provides an extra layer of obfuscation for those who wish to bypass traditional means of currency transfer.

financial sanctions, Russia Ukraine War, cryptocurrency, banks, financial institutions, SWIFT, KYC, identity verification, cryptocurrency exchange, digital assets

Crystal updates report on crypto donations for Ukraine

News | Cryptocurrencies | 13 May 2022

Netherlands-based blockchain investigative tool Crystal Blockchain has released an updated report on the cryptocurrency donations raised in support of Ukraine.

 

blockchain, cryptocurrency, Russia Ukraine War, Bitcoin, Ethereum

Visa, Stripe suspend Bankoff crypto cards following Russian transactions

News | Cryptocurrencies | 05 May 2022

Bankoff, a platform offering cryptocurrency virtual cards, has announced customers its cards are no longer supported by payment systems Visa and Stripe, according to news.bitcoin.com

Visa, Stripe, Russia Ukraine War, financial sanctions, virtual card, cryptocurrency

EBA demands help for Ukrainian refugees with financial services

News | Payments General | 29 Apr 2022

The European Banking Authority (EBA) has called on financial institutions and supervisory authorities to ensure that Ukrainian refugees have access to at least basic financial products and services, Interfax-Ukraine.

EBA, Russia Ukraine War, financial services, financial institutions

Utimaco acquires Celltick to expand PWS services

News | Digital Identity, Security & Online Fraud | 20 Apr 2022

Global provider of cybersecurity and compliance solutions, Utimaco, has acquired US-based fintech of Public Warning Systems (PWS) and Mass Notification Systems (MNS) company Celltick

online security, Russia Ukraine War, acquisition, cybersecurity

Waylet app offers gas discount

News | Mobile Payments | 13 Apr 2022

Spain-based digital wallet app Waylet has announced it provides its clients with 10 cents discounts for each litre of gasoline or petrol paid for with the app. 

online payments, mobile payments, online authentication, credit card, debit card, digital wallet, e-wallet, QR code, QR payments, Russia Ukraine War

The World Bank to disburse USD 1.5 bln in aid to Ukraine

News | Payments General | 13 Apr 2022

The World Bank has announced it is preparing to deliver USD 1.5 billion in aid to Ukraine to help the country maintain government operations amid Russia’s offensive.

banks, Russia Ukraine War, funding, financial institutions, supply chain finance

Welovenocode raises USD 3 mln and supports Ukrainian citizens

News | Mobile Payments | 08 Apr 2022

Welovenocode, a no-code marketplace that connects over 5,000 companies and 36,000 no-code developers has raised USD 3 million in a funding round led by Mantis Venture Capital.

funding, digitalisation, Russia Ukraine War, fintech, career development, super app

Genome waives fees for Ukrainians

News | Payments General | 30 Mar 2022

Genome, an Electronic Money Institution licensed and supervised by the Central Bank of Lithuania, has waived its fees for Ukrainian citizens to help them open EUR accounts.

Russia Ukraine War, EMI licence, banks, online payments, SEPA