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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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The PaaS revolution: transforming payment systems worldwide

Voice of the Industry | Payments General | 29 Sep 2023

Jagdish Udayakumar, Head of New Business at FIS UK, explains why PaaS solutions have the power to revolutionise payment processing by offering efficiency, scalability, and security.

payments , COVID-19, Russia Ukraine War, ESG, instant payments, real-time payments, ISO 20022, banks, PSP, SEPA

Deutsche Bank shuts down remaining IT operations in Russia

News | Online & Mobile Banking | 13 Apr 2023

German lender Deutsche Bank has announced it is closing down its remaining software technology centres in Moscow and St Petersburg.

mobile banking, Russia Ukraine War, financial sanctions, online banking

Tinkoff cancels dollar Eurobond interest payment

News | Payments General | 07 Mar 2023

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

EU imposes new sanctions on Russia

News | Payments General | 27 Feb 2023

The European Union (EU) has agreed to impose new sanctions on Russia over its invasion of Ukraine.

regulation, Russia Ukraine War, transactions , banks, COVID-19

Atos, Société Générale, OpenWay, and Thales are among the 8.5% who left Russia

News | Online & Mobile Banking | 30 Jan 2023

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

Ukrainian pro-crypto groups to roll out roadmap for Web3

News | Cryptocurrencies | 18 Nov 2022

As presented by The Cointelegraph, Blockchain4Ukraine — a group of pro-crypto Ukrainian lawmakers — and the public union Virtual Assets of Ukraine (VAU) have revealed a joint roadmap for promoting and developing Web3 in the country.

web3, Russia Ukraine War, blockchain, Bitcoin, cryptocurrency

Isbank and Denizbank suspend Russia's Mir payments

News | Payments General | 20 Sep 2022

Isbank and Denizbank, two Turkey-based lenders, have suspended the use of Russian payments system Mir to banks, following US crackdown.

banks, payments , Russia Ukraine War, regulation, transactions

EU Central Bank and US Fed join to increase interest rates

News | Online & Mobile Banking | 08 Sep 2022

The European Central Bank (ECB) and the US Federal Reserve have joined hands to increase the interest rate, in an attempt to stamp out record inflation.

interest rate, Russia Ukraine War, central bank, merchant, inflation, economic recession, regulation

Ukraine blocks crypto wallet used to fund Russian war efforts

News | Cryptocurrencies | 25 Aug 2022

The Security Service of Ukraine (SBU) of the Ukrainian government has seized a cryptocurrency wallet affiliated to raising funds for Russian military campaign.

Russia Ukraine War, blockchain, cryptocurrency, funding

Russia, India to create RuPay – Mir connectivity

News | Online Payments | 24 Aug 2022

The Russian and Indian Governments have gotten closer to an agreement to have cards based on Russia’s Mir payment system be accepted at ATMs and POS in India.

Russia Ukraine War, financial sanctions, UPI, cross-border payments

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, 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