PLUS-dailyRSS
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PLUS-Forum: “Fintech Borderless. Eurasia Digital” to become the pinnacle event on the financial market in 2021!
The Forum will be held in Almaty (Kazakhstan) on September 23
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Russians obliged to report to the Federal Tax Service on transfers through foreign e-wallets
The law obliging Russian residents to inform the tax authorities about the money transfers through foreign e-wallets in the amount exceeding 600 thousand rubles per year comes into force on July 1, 2021.
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Digital Development Ministry to allocate 21.5 billion rubles to Rostech to develop 5G technology
It is planned to develop an integrated 5G solution to include both cell sites and a core network, for which Rostech is forming a cooperation of Russian companies possessing know-how and expertise.
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Banks to migrate to domestic software in two or three years
The Digital Development Ministry has prepared a draft decree to oblige all critical information infrastructure (CII) facilities, including banks, to switch to Russian software (software).
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Bank of Russia selected 12 banks for digital ruble pilot
The Bank of Russia has formed the first pilot group to test the digital ruble. The group included 12 banks, which expressed their desire to participate in the pilot project and sent corresponding letters to the Central Bank.
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Central bank to regulate banks' investments in ecosystems
The Bank of Russia presented for discussion with the market participants a report that proposes a flexible approach to the regulation of ecosystem banks as the optimal one.
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VTB and Visa launch pay-by-glance service
VTB and Visa have launched a service to pay for orders in a St. Petersburg chain of culinary shops without a smartphone or card – just by a glance. The service is implemented on the basis of O.Pay, a face recognition technology solution from the O.Vision company.
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Pensions in Russia to be paid to Mir cards or in cash from July 1
From July 1, pensions, monthly maternity capital payments and other social payments can be paid solely to Mir cards. Those who do not want or cannot use a bank card, will be able to receive payments in cash or on a regular bank account with no bank card attached.
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Bank of Russia to lift part of coronavirus regulatory easings introduced earlier
From July 1, the Bank of Russia will curtail a number of measures introduced to support citizens and businesses against the backdrop of the COVID-19 pandemic, the press office of the Central Bank of the Russian Federation reports.
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Russia to develop its own cybersecurity standards
Dmitry Peskov says Russia is developing its own standards for national cybersecurity, and the ultimate goal is the information sovereignty.
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Settlements in Russian rubles between EAEU members grew to reach 70%
The states of the Eurasian Economic Union (EAEU) have increased the share of the Russian ruble in their settlements to more than 70%, Deputy Prime Minister of the Russian Federation Alexey Overchuk announced speaking at the Federation Council session.
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Russians made $600m from cryptocurrency in 2020
According to the Chainalysis analytical company, Russia comes in fifth place in the ranking of countries whose residents generated the highest profit from the main cryptocurrency at the end of 2020.
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Elvira Nabiullina calls investments in cryptoassets riskiest strategy
According to Elvira Nabiullina, bank deposits are the best conservative savings strategy.
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“Fintech Borderless. Eurasia Digital”. The second CIS International PLUS-Forum to be held on September 23 in Almaty
Opening the borders of the CIS, connecting Europe and Asia the rest of the world, putting together fintech technology and banks, the PLUS-Forum “Fintech Borderless. Eurasia Digital” invariably kindles great interest among professionals in the banking sector, payments industry and financial market.
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Final video of the PLUS-Forum “Banks and Retail. Digital transformation and interaction” 2021
The Forum was attended by more than 30 key speakers and over 700 top managers and experts in the field of banking, fintech and retail.
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Sber named top European acquirer again
For the fifth year running, Sber has proved its status as Europe’s largest merchant acquirer, according to The Nilson Report Europe’s Top Merchant Acquirers ranking 2020. The bank has secured the top spot in this annual rating in 2016 to inalterably hold the position since then.
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Russian banking system’s foreign currency balance demonstrates record-breaking hole
In its entirety, the banking system of Russia demonstrated a record hole of $15bn in the foreign exchange balance at the end of April, as shown by the banking sector reports, published by the Bank of Russia.
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Sberbank launches instant transfers from Kazakhstan to China
Sberbank was the first in Kazakhstan to implement instant transfers to China through the SberBank Online mobile application. The bank successfully completed certification in UnionPay International and performed a money transfer to a UnionPay card in China.
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Russian MFA deems SWIFT involvement into “sanction spiral” possible
None but the UN Security Council may make a resolution on disconnecting Russia from SWIFT, while the attempted efforts of Western countries look like erecting barriers aimed to protect their own interests on the world stage, the Russian Foreign Ministry said.
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Elvira Nabiullina sees digital ruble as future of Russian financial system
The introduction of the digital ruble correlates with the development of the digital economy in the Russian Federation, said the head of the Bank of Russia.