Russia
👀 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
🤝 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
📈 Russia 🇷🇺: Bank customers increasingly complain about blocked transactions Paid Members Public
📈 Russia 🇷🇺: Bank customers increasingly complain about blocked transactions New anti-fraud requirements from the Central Bank now hold banks accountable for fraudulent transactions—and this is the result. ➡️ Under the new rules, if a bank approves a transfer that later turns out to be fraudulent and failed to take adequate precautions,
🧐 Italian authorities 🇮🇹 demand that UniCredit exit Russia 🇷🇺 Paid Members Public
🧐 Italian authorities 🇮🇹 demand that UniCredit exit Russia 🇷🇺 The Italian regulator is threatening to block the acquisition of local bank Banco BPM unless UniCredit reduces its presence in Russia. Another condition would be to limit lending activity on Russian territory. 🎀 UniCredit’s Russian subsidiary, UniCredit Bank, is a legal Russian entity.
☠️Russia 🇷🇺: Rosfinmonitoring will create a registry of suspicious crypto wallets Paid Members Public
☠️Russia 🇷🇺: Rosfinmonitoring will create a registry of suspicious crypto wallets The registry will be based on the analysis of operations and addresses flagged as suspicious, with support from other agencies, including international partners. ➡️ Rosfinmonitoring will use its own neural network-based system. This system is expected not only to identify complex
👀 Russia 🇷🇺: The volume of suspicious transactions decreased by 21% in 2024 Paid Members Public
👀 Russia 🇷🇺: The volume of suspicious transactions decreased by 21% in 2024 The Bank of Russia reports that the total volume of suspicious transactions at the end of 2024 amounted to 90 billion rubles. Of this amount, 64.2 billion rubles were related to cash withdrawals. ➡️ The volume of cash withdrawals
🏴☠️ Russia🇷🇺: State Duma approves new measures against cybercrime Paid Members Public
🏴☠️ Russia🇷🇺: State Duma approves new measures against cybercrime The new measures focus on client consent and the option to involve a third party to confirm transactions. 💕 A criminal voice database will be created as part of the state’s "Antifraud" information system, managed by the Ministry of Digitalization.
🤩 Russia 🇷🇺: Confiscated cryptocurrency fund could become a reality Paid Members Public
🤩 Russia 🇷🇺: Confiscated cryptocurrency fund could become a reality The initiative comes from the Public Chamber of the Russian Federation (OP). ➡️ This week, the Investigative Committee of Russia submitted a draft law to the government to recognize cryptocurrencies as property. If approved, cryptocurrencies will no longer be considered "undefined"