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⚡️UnionPay 🇨🇳 considers reactivating international payments for Russian clients 🇷🇺 Paid Members Public
⚡️UnionPay 🇨🇳 considers reactivating international payments for Russian clients 🇷🇺 This was announced by VTB Bank president Andrey Kostin during a VTB Private Banking meeting. ➡️ UnionPay cards allow users to pay for goods, services, and withdraw cash in more than 150 countries. ➡️ In the past, around ten Russian financial institutions issued UnionPay
🏴☠️ Ukraine 🇺🇦: The Central Bank will create a special registry of "droppers" and fraudsters Paid Members Public
🏴☠️ Ukraine 🇺🇦: The Central Bank will create a special registry of "droppers" and fraudsters The National Bank of Ukraine (NBU) has announced the creation of a "Payment Discipline Registry," which will include individuals who have sold their personal data, used their cards in fraudulent schemes, or companies
👀 Russian fintech under scrutiny: reflections after the Forbes.ru article Paid Members Public
👀 Russian fintech under scrutiny: reflections after the Forbes.ru article A longer response following our post. Is Russian fintech truly leading the world❓ Well... it depends on what you're looking at and how you measure it. ➡️ The most fundamental factor when evaluating any fintech ecosystem is the cultural
🎉 U.S.: Regulatory easing boosts crypto expansion in the country Paid Members Public
🎉 U.S.: Regulatory easing boosts crypto expansion in the country Banks Standard Chartered and Deutsche Bank are exploring a larger presence in the U.S. cryptocurrency market. ➡️ The regulatory environment in the U.S. has begun to shift following initiatives such as the cryptocurrency and stablecoin bill and the potential
📣 Japan 🇯🇵: US-based Stripe 🇺🇸 simplifies digital payments for local businesses Paid Members Public
📣 Japan 🇯🇵: US-based Stripe 🇺🇸 simplifies digital payments for local businesses Now merchants —users of Japan’s PayPay payment system— can accept QR code payments and installment card payments. ➡️ Context: PayPay currently has around 68 million users. The partnership with Stripe is expected to expand its reach even further. ➡️ Stripe’s platform
💣 SWIFT launches solution to optimize investigations of cross-border payment delays Paid Members Public
💣 SWIFT launches solution to optimize investigations of cross-border payment delays SWIFT’s new Case Management Service aims to significantly reduce the costs and time required to resolve payment failures. Thirty global financial institutions have already tested the solution. ▶️ Economic impact: It is estimated that delays across various technologies and networks
🤝 Russians 🇷🇺 and Chileans 🇨🇱: a promising partnership Paid Members Public
🤝 Russians 🇷🇺 and Chileans 🇨🇱: a promising partnership Chilean acquiring network Klap will begin processing Visa and Mastercard payments in Chile using technology from Russian-Swiss fintech BPC. ➡️ Who's who❓ 👉 Banking Payments Context (BPC) is a company founded in 2012 based on SmartVista software, specializing in payment processing under the SaaS
🎉 Kazakhstan 🇰🇿: Central Bank plans to launch a national crypto exchange Paid Members Public
🎉 Kazakhstan 🇰🇿: Central Bank plans to launch a national crypto exchange The initiative will be included in the “Banking Law,” set to be approved in August this year. 💫 A single national hub for digital asset trading is planned, aiming to legalize crypto operations and bring them out of the shadow economy.