The banking business is growing with new players. But classic banking will not die

This is the conclusion made by Aliya Yusupova, Digital Law Advisor to Ingosstrakh Bank Board Chairman, Head of Legal Affairs Committee at the Financial Innovations Association, and the columnist of the “Legislation” column, who continues her analysis of changes in Russian payment legislation. This time, the expert asks what will happen to classical banking against the backdrop of the massive entry of non-bank players into the market.