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PrivatBank opens digital banking branch in Ukraine

News | Online & Mobile Banking | 28 Jan 2021

PrivatBank has opened a fully digital banking branch in Ukraine, working without traditional tellers and being equipped with innovative technologies.

PrivatBank, Ukraine, digital banking, online banking, innovation, hub, bank branch, biometrics

Stellar signs deal with Ukraine to work on CBDC, stablecoins, and virtual asset infrastructure

News | Cryptocurrencies | 06 Jan 2021

The Stellar Development Foundation (SDF) has signed a deal with Ukraine’s Ministry of Digital Transformation to work on both a central bank digital currency (CBDC) as well as stablecoin and virtual asset infrastructure.

CBDC, stablecoins, blockchains, digital assets, partnership, Stellar, Ukraine, virtual asset

Ukraine drafts law to open its payment market

News | Payments General | 30 Nov 2020

The Ukrainian Parliament has registered a draft payment services law that aims to open the Ukrainian payment market.

banking, fintech, PSD2, Ukraine, payments , remittances, e-money, PSPs, banks, payments providers, Ukrainian Central Bank, FX transactions, acquiring services

Viber to launch chatbot payments feature

News | Mobile Payments | 02 Nov 2020

Rakuten Viber has announced the expansion of the Viber messaging platform into fintech with the launch of the chatbot payments feature.

Viber, mobile payments, mobile wallet, Google Pay, product launch, chatbot payments, Ukraine, Russia

British fintech ELPASO to roll out banking services in the EU for Ukrainian businesses

News | Payments General | 06 Jul 2020

Electronic Payment Solutions (ELPASO) has announced plans to launch banking services for Ukrainian entrepreneurs.

electronic payment solutions, ELPASO, banking services, Ukraine, fintech, payments , SEPA, SWIFT

PrivatBank brings USD 5.5 billion claim in Cyprus against its former owners

News | Digital Identity, Security & Online Fraud | 06 Apr 2020

PrivatBank has recently issued a new claim in the Cypriot courts seeking damages of USD 5.5 billion in respect of schemes bearing all the hallmarks of fraud and money laundering.

money laundering, banks, allegations, fraud, Ukraine, loans, transactions , fraud prevention

Lifecell launches mobile payment service Paycell

News | Mobile Payments | 03 Mar 2020

 Ukraine-based mobile operator Lifecell has launched its mobile payment application Paycell. 

Lifecell, Paycell, mobile payments, Ukraine, 3D Secure, mobile data, payments , e-wallet, electronic wallet

Ukraine switches to international IBAN standard to ease bank payments

News | Online & Mobile Banking | 14 Jan 2020

National Bank of Ukraine has announced that starting with mid-January, bank customers can only make payments IBAN accounts.

Ukraine, National Bank of Ukraine, IBAN standard, IBAN, banking, bank accounts, State Treasury Service, cross-border payments, banking standard, Europe

Online banking app Koto Card to launch in the UK by January 2020

News | Online & Mobile Banking | 06 Jan 2020

UK-based online app bank Koto Card has announced planning its launch in the UK by January 2020, according to IBS Intelligence sources.

Koto Card, online banking, digital banking, expansion, UK, Monobank, Ukraine, United Kingdom, re-payment plan, e-money account

Ukraine rolls out UnionPay cards at PrivatBank ATMs and POS terminals

News | Cards | 04 Dec 2019

UnionPay payment cards users can now use their cards to pay and withdraw cash in the network of a large Ukrainian bank, PrivatBank.

UnionPay, cards, Ukraine, ATM, POS, retailers, banks, ecommerce, PrivatBank

PrivatBank to start accepting JCB cards in Ukraine

News | Cards | 01 Nov 2019

PrivatBank, the Ukrainian state-owned bank, and JCB International have signed a License Agreement for building a JCB card acceptance network in Tokyo.

JCB International, PrivatBank, cards, Ukraine, merchants, acquirers, travellers, payments

Ukraine to legalise Bitcoin and other cryptos

News | Cryptocurrencies | 30 Sep 2019

Ukraine’s Ministry of Digital Transformation has announced its plans to legalise Bitcoin and other cryptocurrencies.

Ukraine, legalisation, Bitcoin, cryptocurrency, modernisation, blockchain, miners, trade, government, distributed ledger

Paymentwall expands in Ukraine

News | Payments General | 07 Jun 2019

Paymentwall has expanded in Ukraine with a development and research centre office in Kiev.

Paymentwall, Ukraine, bank transfer, Visa, MasterCard

Ukrgasbank receives USD 17 mln of trade finance from European bank

News | E-invoicing, SCF & E-procurement | 28 Dec 2018

Ukraine-based Ukrgasbank has received an inter-bank unsecured loan in the amount of USD 17 million for the term of 180 days from the European bank.

Ukrgasbank, investment, Ukraine, trade finance, Europe, inter-bank unsecured loan

Ukraines economy ministry to launch state property lease system in 2019

News | E-invoicing, SCF & E-procurement | 28 Dec 2018

The Ministry of Economic Development and Trade in Ukraine has announced that, in 2019, a transparent system for lease of state property will be launched.

Ukraine, The Ministry of Economic Development and Trade, public system launch, e-procurement, 2019, state property lease system, Eastern Europe, ProZorro public e-procurement system

Ukraine plans to legalize cryptocurrencies

News | Cryptocurrencies | 29 Oct 2018

The government of Ukraine has announced the plans to legalize cryptocurrencies within three years and create clear conditions for cryptocurrency-related businesses in the country.

Ukraine, cryptocurrencies, crypto wallet