Articles with tag: russia

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

23 Sep 2020 | Online & Mobile Banking

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

Russia-based Sberbank joins blockchain trade finance platform

18 Sep 2020 | E-invoicing, SCF & E-procurement

Sberbank Switzerland, a subsidiary of Sberbank has joined a blockchain-based platform for commodity trade finance.

Russia, Switzerland, Sberbank, blockchain, trade finance, platform, commodity trade finance, subsidiary, Komgo, trade finance platform, trade finance service, digitisation, Commonwealth of Independent States, trade flows

Payments are taking a 'big digital leap forward' and there's no turning back

10 Sep 2020 | Ecommerce

Damien Perillat, SVP, Global Online at Ingenico Group, reveals key takeaways regarding the potential of the ‘high-growth markets’ and the ‘digital wakeup call’ that industries face during the COVID-19 pandemic

Damien Perillat, Ingenico, PayPal, COVID-19, consumer behaviour, cashless payment methods, ecommerce, staycation, merchants, cross-border payments, marketplaces, Russia, India, Brazil, China, alternative payment methods, digital payments, e-wallets, Buy Now Pay Later

Helping SMEs grow their business through digital banking – an interview with Tinkoff

03 Sep 2020 | Online & Mobile Banking

Fedor Bukharov, Vice President of Tinkoff and Head of Tinkoff Business, provides valuable insight in what it means to provide the right financial services to boost innovation and growth in the SMEs sector

Tinkoff, Tinkoff Business, Russia, SME, small businesses, digital banking, financial services, loans, cash management, CRM, point of sale, API, coronavirus, pandemic, CoronaIndex, corporate banking mobile app

Italy, Russia, France lead travel and entertainment spending recovery in G20 countries

01 Sep 2020 | Ecommerce

Mastercard has released Recovery Insights: Travel Check-In, the second report in its series focused on the impacts of the pandemic, including emerging trends in travel spending.

Mastercard, Recovery Insights: Travel Check-In, travel spending, Italy, Russia, France, G20, consumer spending, retail, cards, business cards, SpendingPulse, retailers

Tinkoff Business opens account for Thailand-based office of Aviasales

31 Aug 2020 | E-invoicing, SCF & E-procurement

Tinkoff Business has opened accounts for foreign companies operating in Russia and businesses launching branches abroad, the first customer being Aviasales

Tinkoff Business, Aviasales, Thailand, Russia, accounts, foreign companies, branches, travel search service, payroll, Tinkoff, cards, deposits, loans, Tinkoff Black cards, online financial ecosystem, financial services, lifestyle banking

Yandex launches new super app Yandex Go

20 Aug 2020 | Ecommerce

Yandex has launched a new super app that unifies restaurant and grocery delivery, taxi, courier, and other services, aiming to combine all key aspects of on-demand transportation and delivery.

Yandex, Yandex Go, launch, super app, grocery delivery, on-demand transportation, Europe, Russia

Sberbank to launch blockchain platform made on Hyperledger Fabric

11 Aug 2020 | E-invoicing, SCF & E-procurement

Russia-based Sberbank has made plans to launch a blockchain platform designed for trade finance, built on Hyperledger Fabric

Sberbank, Hyperledger Fabric, blockchain, platform, Russia, stablecoin, digital assets, digital assets law, financial highlights

Russia implements new crypto rules, as banks adapt to new exchanges

10 Aug 2020 | Cryptocurrencies

Russia has introduced new rules regarding the use of cryptocurrency its borders, coming into effect in January 2021. 

Russia, crypto rules, cryptocurrency, banks, exchanges, Bitcoin, Ether, Vladimir Putin, Kremplin, cryptocurrency law, digital currency, Russian Federation, crypto exchanges, Bitcoin mining, blockchain

Sberbank considers introducing stablecoin after new crypto law

06 Aug 2020 | Cryptocurrencies

Russia-based Sberbank has announced plans regarding stablecoin, which are digital currencies backed by real-world assets, major fiat currencies, or commodities such as gold.

Sberbank, stablecoin, crypto law, crypto, Russia, digital currencies, fiat currencies, commodities, gold, cryptocurrency, On Digital Financial Assets, DFA, crypto-to-crypto trading platform, loans, digital securities

Tinkoff initiates charitable scheme 'Cashback to Give Back'

06 Aug 2020 | Online & Mobile Banking

Tinkoff has announced the launch of its new charitable scheme Cashback to Give Back.

Tinkoff, mobile banking, online banking, Russia, mobile app, charity, payments, fintech

Sberbank structures rade finance deal with International Islamic Trade Finance Corporation

05 Aug 2020 | E-invoicing, SCF & E-procurement

Sberbank has structured a trade finance deal with the International Islamic Trade Finance Corporation (ITFC), a provider of Trade Solutions.

Sberbank, trade finance, International Islamic Trade Finance Corporation, ITFC, Trade Solution, banks, Switzerland, Russia, Egypt

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