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⚠️Russia🇷🇺: Banks request a one-year postponement for the implementation of mandatory transaction confirmation by a customer’s proxy Paid Members Public
⚠️Russia🇷🇺: Banks request a one-year postponement for the implementation of mandatory transaction confirmation by a customer’s proxy The requirement was introduced to combat fraudulent transactions targeting individuals with reduced mobility. However, banks have been unable to implement the protocol—known as the “second hand service”—within the established timeframe.
🎉The time has come: PayPal launches the physical PayPal Credit card Paid Members Public
🎉The time has come: PayPal launches the physical PayPal Credit card The card can be used online (anywhere that accepts PayPal payments) and in physical stores (anywhere that accepts Mastercard), and it can also be added to your mobile wallet. ➡️The card is issued by Synchrony Bank — the same bank
📣Russia🇷🇺: In the first quarter, citizens doubled the frequency of payments using biometrics and QR codes Paid Members Public
📣Russia🇷🇺: In the first quarter, citizens doubled the frequency of payments using biometrics and QR codes In total, 800 million of these operations were carried out in the country, amounting to 1.1 trillion rubles. ➡️ At the same time, the overall number of cashless transactions—including QR codes, biometrics, e-wallets,
🎉Kazakhstan🇰🇿: Two more banks resume card issuance for non-residents Paid Members Public
🎉Kazakhstan🇰🇿: Two more banks resume card issuance for non-residents Nurbank and Home Credit Bank have resumed issuing cards to non-resident clients, responding to continued demand from citizens of Russia🇷🇺. ➡️Background: Earlier this year, several Kazakh financial institutions announced a suspension of this service for foreigners. Later, Halyk Bank, Kaspi Bank,
👀Where is the digitalization of payments advancing the fastest in the world⁉️ Paid Members Public
👀Where is the digitalization of payments advancing the fastest in the world⁉️ According to the World Economic Forum (WEF), the fastest-growing real-time payments market in the world is in the Middle East. ➡️Outlook: In 2022, the total value of real-time payments in the region reached USD 675 million. By 2027,
🐷🐷🐷 For the first time in Argentina🇦🇷: the courts blocked a crypto platform for refusing to provide information in a fraud case Paid Members Public
🐷🐷🐷 For the first time in Argentina🇦🇷: the courts blocked a crypto platform for refusing to provide information in a fraud case The case involves the Chinese platform HTX🇨🇳, and stems from a user complaint filed after losing 13 USD in 2022. ➡️ The user was the victim of a fraud scheme
⚡️On Russia Day🇷🇺 — about red flags: what you need to remember when cashing out crypto in Russia Paid Members Public
⚡️On Russia Day🇷🇺 — about red flags: what you need to remember when cashing out crypto in Russia Stricter regulatory oversight may push crypto cash-outs via bank accounts into a legal “gray zone”. ➡️ High-risk transactions: cryptocurrency operations are automatically flagged as suspicious due to the anonymity of blockchain, which makes it
🐘India🇮🇳: The fintech Wise🇬🇧 receives Central Bank approval as a cross-border payment aggregator to operate in the export sector Paid Members Public
🐘India🇮🇳: The fintech Wise🇬🇧 receives Central Bank approval as a cross-border payment aggregator to operate in the export sector Currently, the company manages around 10% of cross-border transfers. ➡️With the authorization to offer international accounts, freelancers and export businesses in India will be able to receive payments from abroad in