Find here all the latest articles, news, and research on Russia Ukraine War and other Russia Ukraine War-related topics:
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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
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 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
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 payment-oriented companies on the list of 120 western brands that have divested from Russia.
banks, payments , payment processing, Russia Ukraine War, fintech
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, 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
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
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
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
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 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
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 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
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
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
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
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
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
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