Articles with tag: russian federation

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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 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

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

Sberbank and Yandex.Checkout to enhance its B2B payments offering

18 Feb 2020 | Payments General

Russia-based Sberbank has expanded its B2B payments offering scope in partnership with Yandex.Checkout.

Sberbank, Yandex.Checkout, payments, B2B payments, business payments, Business Online, accounting, Russia, Europe, RUssian Federation

VTB launches supply chain finance platform for Russian SMEs

04 Jul 2019 | E-invoicing, SCF & E-procurement

Russia-based VTB Factoring and Venture Engineering Lab have launched GetFinance, a multifactor digital supply chain finance platform.

VTB Factoring, Venture Engineering Lab, Russia, Russian Federation, Europe, Asia, SMEs, e-procurement, supply chain finance, financing, multifactor digital supply chain finance, cycle of processing, factoring

Supercomputer helps Russian digital lender solve AI tasks

10 Apr 2019 | Payments General

Russia-based digital lender Tinkoff Bank has developed a supercomputers, aiming to create a faster solution to machine learning and AI-related tasks.

Tinkoff Bank, supercomputer, product launch, AI, machine learning, banking, artifficial intelligence, Russian Federation, payments, fast transactions,

Alfa-Bank joins the Marco Polo Network to boost trade finance

07 Mar 2019 | E-invoicing, SCF & E-procurement

Russia-based Alfa-Bank has announced that it joined the Marco Polo Network to bring efficiencies in financing trade and working capital.

Alfa-Bank, Marco Polo Network, trade finance, blockchain technology, Russia, Russian Federation, distributed ledger technology, R3, Corda