Alfa-Bank and Rosbank earlier this month merged their ATM networks as the Russian financial institutions looked to compete with Sberbank, […]
The Russian credit card market grew to 422.9 billion rubles (US $13.4 billion) in receivables in the first quarter of […]
All of Russia’s Auchan hypermarkets will deploy Ingenico payment terminals by the end of 2012, the global payment technology vendor […]
Alfa-Bank has received Russia’s first certification for Visa Inc.’s payWave contactless-payment platform for credit and debit cards. Read full article […]
MasterCard Worldwide has signed a letter of intent with Russian cell-phone carrier Mobile TeleSystems to bring PayPass contactless-payment functionality to […]
ZAO Citibank has launched a free service that enables Moscow residents to pay their city real-estate, telephone and energy bills […]
Japanese conglomerate Mitsui & Co. Ltd. has acquired 14.9% stake in Qiwi Ltd., a Russian company registered in Cyprus that specializes in instant-payment kiosks, the two companies announced Jan. 18.
Russian credit cardholders will spend 10% more this month on their holiday spending compared with what they spent last December, ZAO Citibank predicts in a Dec. 13 report.
The 258 McDonald’s restaurants in Russia now accept bankcards, the fast-food provider’s acquirer Russian Standard Bank announced Dec. 13.
Russian Standard Bank has become the first European bank to offer person-to-person funds transfers through MasterCard Worldwide’s MoneySend platform, the companies announced Dec. 6.
Compared with some of the big-league outsourcing players, Russia is a rookie. The country’s current revenue from IT outsourcing is […]
As recently as a decade ago, the Russian banking sector was an antique monstrosity, a huge system of paper-based transactions […]
When a broadcast tower fire threw several Moscow TV stations off the air last week, many would-be TV viewers turned […]
KHODZENT, Tadzhikistan — Tadzhikistan’s Parliament has removed the nation’s acting president in a lopsided vote, replacing him with the country’s […]
UPPER ESHERA, Georgia — Sound carries well in the coastal foothills of the Caucasus Mountains, which at sunrise these days […]