Articles with tag: russia

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VTB Bank to introduce ML-powered digital workers to process financial documents

23 Jul 2020 | E-invoicing, SCF & E-procurement

Russia-based VTB Bank has introduced a ‘robot factory’, planning to introduce 250 ‘digital employees’ off the production line in the coming years.

VTB Bank, machine learning, ML, digital workers, financial documents, robots, optical character recognition, robot factory, digital employees, document processing, data entry processes, automation, Russia

Sberbank may be able to write off USD 2 billion state loan - Reuters

22 Jul 2020 | Payments General

Sberbank may be allowed to write off USD 2 billion in a subordinated loan from Russia’s Central Bank as part of the state’s support for its largest bank during the COVID-19 crisis, according to Reuters.

loans, Covid-19, financial services, Russia, lockdown, Sberbank, Russia Central Bank, finance ministry

Tinkoff updates its voice assistant Oleg with new functionalities

22 Jul 2020 | Online & Mobile Banking

Oleg, a voice assistant for financial and lifestyle services from Tinkoff, has acquired several new skills to support Tinkoff customers’ payments.

mobile banking, online banking, voice assistant, Oleg, Tinkoff, Russia, digital bank, fintech, banking, payments, cards, recurring payments

Ingenico helps digital businesses scale at pace

09 Jul 2020 | Online Payments

France-based payments company Ingenico has unveiled a new offering for digital businesses that is designed to reach peak payments conversion.

Ingenico, payments conversion, digital businesses, online consumers, Ingenico Recurring Payments Suite, pay-per-use, UX, payment methods, currencies, mobile payments, online payments, cross-border payments, Russia, China, LATAM, recurring payments, digital subscribers, subscription payments, Zuora, Aria Systems, Vindicia, SAP, debit card, credit card, APMs

Cosmic Lynx responsible for more than 200 BEC attacks against corporations

08 Jul 2020 | Digital Identity, Security & Online Fraud

Cosmic Lynx, a new group believed to be from the Russian cybercriminal space, has been responsible for more than 200 BEC attacks since July 2019, according to Agari researchers.

Cosmic Lynx, Russia, BEC, cybercrime, cybercriminals, business email compromise, return on investment, social engineering attacks, BEC attacks, FBI IC3 report, Fortune 500, Global 2000

Sweden-based company Datema rolls out 'scan and pay' mobile solution

30 Jun 2020 | Mobile Payments

Sweden-based IT company Datema has launched the EasyShop app that enables consumers to scan their items and pay all through their smartphone. 

Datema, Sweden, EasyShop, mobile payments, scan and pay, Coop, Norway, Nordics, Russia, Germany, The Netherlands, UK, Italy, Baltics, shopping lists, Point of Sale, POS, retailers, contactless payments

Amazon, SoftBank discuss acquisition of Russian online retailer Ozon

29 Jun 2020 | Ecommerce

Amazon and Japan-based SoftBank have made approaches to Russia-based conglomerate Sistema about a possible acquisition of its online retailer Ozon.

Amazon, Ozon, Sberbank, Softbank, retailer, merchant, Russia, online shopping, acquisition, Europe, Russian Federation

Tinkoff Bank rolls out Smart Engines technologies to enable QR-based payments

19 Jun 2020 | Payments General

Digital bank Tinkoff has expanded its cooperation with software company Smart Engines to introduce technology for recognition of QR codes.

Tinkoff, QR codes, mobile payments, mobile app, Smart Engines, Russia, fintech, mobile banking, mobile payments, invoices, utility bills

Tinkoff's super app now features Goods.ru marketplace

18 Jun 2020 | Payments General

Russia-based Tinkoff has partnered with online marketplace goods.ru to feature the latter on Tinkoff’s super app.

Tinkoff, Goods.ru, super app, marketplace, cashback, OpenAPI, partnership, Russia

Sberbank, Azbuka Vkusa, Visa open store with Take&Go area for everyone

10 Jun 2020 | Payments General

Sberbank, Azbuka Vkusa retailer, and Visa have announced the successful completion of a pilot and opening of their unmanned store for consumers.

Sberbank, Azbuka Vkusa, Visa, store, Russia, Take&Go, mobile app, supermarket, shopping, groceries

Tinkoff rolls out micro-investing service in Russia with Investment Box

09 Jun 2020 | Payments General

Tinkoff has launched Investment Box, a service for micro-investing.

Tinkoff, micro-investing service, Russia, Investment Box, debit card, mobile payments, mobile banking

COVID-19 pandemic boosts crypto trading in Russia

08 Jun 2020 | Cryptocurrencies

A rise in Bitcoin trading across Russia has been revealed by a study performed by several Russia-based crypto exchanges since March 2020 amid the COVID-19 lockdown.

Binance, Garantex, Russia, EXMO, cryptocurrency, cryptocurrency exchanges, Bitcoin, COVID-19, lockdown, Bitcoin trading

Blockchain platform Factorin to transform the trade finance market in Russia

04 Jun 2020 | E-invoicing, SCF & E-procurement

Since its launch in 2019, Factorin has attracted 30 banking entities, has processed financing for 246,000 invoices and supplies, and its transactional turnover has exceeded USD 500 million.

blockchain, trade finance, suppliers, payments, Russia, automation, supply chain

Russia's Sovcombank starts issuing digital mortgages remotely

02 Jun 2020 | Payments General

Sovcombank, the third largest privately-owned bank in Russia by total assets according to Interfax ranking based on RAS, has launched online mortgage loans for the primary market.

Sovcombank, digital mortgages, online banking, mobile banking, bank, Russia, fintech, bank account, digitalisation

Sberbank calls on suppliers to provide almost 5.00 ATMs with graphic cards

01 Jun 2020 | Cryptocurrencies

Russia-based Sberbank has called on local suppliers to provide 4.917 ATMs that come with built-in graphic cards that can perform ‘blockchain operations.’

Russia, banks, Sherbank, cards, ATMs, blockchain, graphic cards, Bitcoin, BTC, BTM, banks, DLT, China, loan, SMBs, Sweden, France, CBDC

Sovcombank launches loan application service based on digital profile

01 Jun 2020 | Payments General

Sovcombank has become one of the first Russian banks to get connected to the ‘Digital Profile’ to allow loan applications, according to the official press release.

Sovcombank, loans, banking, digital profile, Federal Tax Service, Federal Service for State Registration, Ministry of the Interior, Pension Fund, Russia, financial services

Tinkoff rolls out CoronaIndex to track business activity in Russia during the pandemic

25 May 2020 | Payments General

Tinkoff ecosystem has released Tinkoff CoronaIndex demonstrating how the pandemic and restrictions affected Russia’s business activity in 2020.

Tinkoff CoronaIndex, study, Covid-19, travelling, households, index, retail banking, spending, Russia, commerce

Boku launches with Pearl Abyss to extend mobile payments and e-wallets services

21 May 2020 | Online Payments

UK-based carrier commerce operator Boku has launched Direct Carrier Billing (DCB) and e-wallet payment services for Korea-based game developer Pearl Abyss Corp.

Pearl Abyss, Boku, e-wallet, direct carrier billing, online payments, UK, game payments, Russia, Turkey, Thailand, Philippines, Indonesia, Malaysia, Singapore, RabbitLinePay, GCash, GoPay, OVO, Dana, GrabPay.

MoneyGram teams up with E9Pay

20 May 2020 | Online Payments

MoneyGram, a cross-border P2P payments and money transfers service, has partnered with with E9Pay, a money transfer and payment fintech companies in Korea. 

MoneyGram, partnership, Korea, fintech, E9Pay, cross-border, P2P, payments, money transfer, network, Southeast Asia, Russia, Commonwealth of Independent States, CIS, Woori Bank, Shinhan Bank, Korea Post, Kyongnam Bank, Sentbe, Overseas Remittance Business No. 1 License, Ministry of Economy and Finance, MOEF, Nepal, Cambodia, Sri Lanka, Vietnam, Philippines, Indonesia, China

Wirex diversifies funding options for customers in Russia

20 May 2020 | Cryptocurrencies

Wirex, a payments platform, has enabled customers in Russia to fund their accounts by allowing top-ups using domestic bank cards.

BTC, ETH, LTC, XRP, DAI, WXT, Wirex, cards, cryptocurrency, payments provider, domestic bank card top-ups, Russia