PLUS-dailyRSS
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PLUS-Forum “Payments 2020”: see you on December 8-9!
In view of the epidemic situation in the Moscow region, the Steering Committee of the 11th International PLUS-Forum “Payments 2020” decided to re-schedule the event for December 8-9, 2020.
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Central Bank: digital currency can respond to challenges generated by cryptocurrencies
At the XIV International Conference “Payment Industry: Practice and Transformation after the Pandemic,” Alexey Guznov, Director of the Bank of Russia’s Legal Department, noted that the national digital currency can become a response to the challenges caused by cryptocurrencies.
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Sberbank named among Top100 major banks in Central and Eastern Europe
RIA Rating again rated Sberbank among 100 asset-wise largest banks in Central and Eastern Europe (CEE). According to the report, the bank's assets amounted to $484 billion as of January 1, 2020 (+ 8% y/y).
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Russians named Sber among most loved brands
Pyaterochka, Sber, YouTube, Magnit and VKontakte – these are the five “most loved brands during the COVID-19 pandemic”. The conclusion was made by the authors of a consumer sentiment survey conducted by BCG in collaboration with Romir, a research holding, in September.
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Half of Russians believe mortgage rates to rise in 2021
Changes in the economy this year have affected the real estate market and banks’ mortgage offerings. The Dom.Mail.ru project explored how many Russians bought an apartment over the past six months, what interest rates were offered by banks and how many Russian residents had heard about the...
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Russia moves away from cash faster than predicted
Consumers are reluctant to use cash unless absolutely necessary, primarily because of the risks associated with coronavirus infection.
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Government published recommendations for migration to domestic crypto communication
The government of the Russian Federation has published recommendations on the migration of public services to the domestic encryption methods and facilities.
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North Korean hackers attack Russian companies
The hacker attacks of Kimsuky, a North Korean cybercriminal group, targeted Russian industrial and military organizations. Attackers use the pandemic as a topic in their mailings.
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Bank of Russia announces public discussions on digital ruble
Digital financial technologies usage is expanding in Russia and globally. Cashless payments are becoming more common every day. In these circumstances, the public demands faster, more convenient and safer payment methods based on modern technologies.
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Sberbank among world’s Top 3 acquirers
The Nilson Report ranked Sberbank third among the world’s top 150 merchant acquirers, with the transaction volume in the bank’s acquiring network exceeding 20.6 bn in 2019.
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Is Russia on the brink of mortgage crisis?
A mortgage crisis may break out in Russia. There are all the prerequisites for this: increased bank lending volumes, dropped real incomes and higher housing prices.
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56% of Russians plan to put money away for retirement
56% of prime-age adult Russians (including 67% of residents of the Far Eastern Federal District and 63% of residents of Moscow and the Moscow Region) intend to start saving for their retirement, while 12% of our compatriots already have savings for old age, a survey by...
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Tinkov estimated probability of deal with Yandex
Oleg Tinkov believes that the probability of purchasing TCS Group by Yandex is “50/50”. He said he dreamed of a net profit of $1 billion for the company and noted that it would be achievable without the deal, just “a bit later.” The businessman wrote about this on his Instagram.
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Russia’s most popular banks named
Sberbank, VTB and Tinkoff Bank are the most popular banks among retail clients in Russia, according to “Preferences of retail bank customers in Russia”, a new report prepared by Deloitte & Touche CIS.
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Sberbank presents its new brand – Sber
Sberbank has officially announced the new brand, Sber, which has become the umbrella brand for the entire ecosystem of services. The motto “Sber.Always there for you!” was supplemented with another one: “Sber.For life”.
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Ministry of Finance to change virtual currency regulation
The Russian Ministry of Finance has sent to all departments concerned a new package of bills on the cryptocurrency circulation regulation in Russia.
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Russia develops data leak monitoring platform
In 2021, Russia plans to launch a state-run platform to track phishing websites and personal data leaks. The new version of the “Information Security” federal project provides for 1.4 billion rubles to be invested in the development of this platform in 2021-2024.
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Bank of Russia to launch financial marketplace by year end
The Bank of Russia plans to launch a marketplace platform that will offer remote financial services and comparison of their prices.
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Russia to prohibit cryptocurrency turnover?
Miners will be unable to receive rewards in bitcoins and ethers if amendments proposed by the Ministry of Finance to the federal law on digital financial assets (DFA) are adopted.
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Visa’s country manager for Russia argues against government regulation of acquiring
Mikhail Berner, Country Manager Russia at Visa, told Kommersant about the role of government regulation in the payment market development.