12:36, 4 August 2020 60 просмотров
Banks keep reporting outflow of foreign currency deposits
In June, clients withdrew over $600 million from their foreign currency deposits with the largest Russian banks.

12:28, 4 August 2020 67 просмотров
Russian Standard Bank launches contactless order and payment technology in restaurants
Russian Standard Bank implemented the Kate tablet based contactless menu ordering and bill payments with acquiring as part of this innovative service.

12:32, 3 August 2020 58 просмотров
Pandemic affects cash circulation in Russia
As a rule, Russians use cash more readily in spring and summer, but not in a pandemic, say findings of a new study completed by the SberData lab together with Platform OFD, an IT-company, on the analytical portal...

10:57, 28 July 2020 90 просмотров
Domestic money transfers grew by one third in Russia
The average amount of money transfer within Russia in 2Q 2020 increased by one third (33%) compared to the same period last year to reach 39.4 thousand rubles, say analysts of the Contact payment system...

10:45, 28 July 2020 94 просмотра
Russian Duma adopted law on cryptocurrency
The State Duma adopted in the third reading the Law “On Digital Financial Assets” (DFA). The document defines cryptocurrency, but prohibits its use in Russia to pay for goods and services.

10:59, 27 July 2020 96 просмотров
Banks clamp down on issuing credit cards in Russia
The ratio of approved applications for credit cards in Russia fell to 31% in May, having decreased by 8 percentage points over the year, reports the Equifax credit bureau.

10:49, 27 July 2020 84 просмотра
Putin signs law on financial marketplaces
Russian President Vladimir Putin signed two new laws on financial marketplaces. The latter allow citizens of the country to remotely compare and purchase various services from banks and management and insurance...

10:53, 26 July 2020 51 просмотр
Maxim Parshin unveils measures to support Russia’s IT industry at G20 ministers meeting
Deputy Minister of Digital Development, Communications and Mass Media of the Russian Federation Maxim Parshin took part in the meeting of the G20 ministers of digital development. In his speech he addressed special...

09:07, 24 July 2020 116 просмотров
Cash volume in Russia grows to record high
In early July, the Bank of Russia announced  that the amount of cash in circulation in the country had reached record high of 11.6 trillion rubles, that is, 80 thousand rubles per Russian, including prisoners...

09:12, 23 July 2020 143 просмотра
Russians are about to obsolete kopecks
42% of Russians (38% of residents of Moscow and the Moscow region) believe that 1 and 5 kopeck coins can be withdrawn from circulation, since 10 and 50 kopecks have long been enough for payments.

09:20, 22 July 2020 112 просмотров
Almost 30% of Russians are at risk of card theft
One in four cardholders in Russia (27% of respondents) is at risk and may become a victim of fraudsters, because  s/he is ready to disclose sensitive personal data from a bank card (expiration...

09:26, 21 July 2020 135 просмотров
Yandex joins FinTech Association
Yandex joined the FinTech Association as an associate member. The move was approved by the Association supervisory board.

09:30, 20 July 2020 108 просмотров
Putin signed law on tougher control over cash transactions
Russian President Vladimir Putin signed a law specifying the list of cash transactions subject to mandatory control. The corresponding document was published on the official portal of legal information. In particular...

09:19, 14 July 2020 160 просмотров
Sberbank announced launch of SberPay
SberPay allows customers pay for goods online (on websites and in the application) and offline (in the outlets equipped with Sberbank’s POS terminals supporting contactless payments). To use the service...

09:26, 13 July 2020 153 просмотра
Aksakov announced cryptocurrency laws adoption date
The law “On digital financial assets” enters final straight to be adopted before the end of the spring session, Anatoly Aksakov, Chairman of the State Duma Committee on Financial Market, said in an interview with...

09:30, 10 July 2020 202 просмотра
FPS to enable pull transfers between client accounts
The Bank of Russia has announced a new service to be offered by the Faster Payment System (FPS), which will allow people to request funds for transfers from their own accounts, the regulator’s website informs.

09:33, 9 July 2020 149 просмотров
Russians will use driving license as ID in banks
The Ministry of Economic Development and Trade in collaboration with Rosfinmonitoring and the Bank of Russia is drafting a law to allow the driving license data to be used for simplified identification of individuals...

09:06, 8 July 2020 102 просмотра
Russian banks’ appetite for gold returns after six-month pause
Russian banks increased investments in precious metals expressed as gold by 8.5% to 79.6 tons in May – for the first time in six months, the Bank of Russia’s statistics shows.

09:20, 6 July 2020 162 просмотра
State-run system set to protect transport from hackers
Russia’s Ministry of Transport decided to establish federal-level control over the protection of transport from hacker attacks. The system developed by the ministry will be responsible for online monitoring of the...

09:17, 3 July 2020 198 просмотров
Mir launches transfers to cards of CIS national payment systems
Starting June 29, the National Payment Card System (the Mir payment system operator) launches transfers from Mir cards to the cards of the national payment systems of Uzbekistan (Uzcard) and Kyrgyzstan...