The Bank of Russia said that customers of some banks being sanctioned by the U.S. and other governments may be cut off from using their cards and mobile payment systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
President Joe Biden announced this week that the U.S. and Europe and other allies were stepping up their sanctions against Russia over its invasion of Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Hacking collective Anonymous has declared a “cyber war” against Russia in response to Russia’s actual war in Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Aside from dealing with banking sanctions from United States, European Union and British leaders, Russia’s financial services were further handicapped when the National Bank of Ukraine (NBU) revoked the licenses and liquidated the assets of two Russian banks — Sberbank and VEB, according to a...
Payments for India’s urea deal with Iran — its first long-term Iranian import contract for the fertilizer since 2019 — will likely be made in rupees, Reuters reported Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Russian lender VTB said Western sanctions on its operations would limit the use of its cards outside Russia, and warned customers in other nations to withdraw money or pay through different banks. Get the Full Story Complete the form to unlock this article and enjoy...
The booming outsource tech sector from the Ukraine is at risk following the Russian invasion Thursday (Feb. 24), The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The EU and the U.S. are formally signing off on sanctions against Russia in response to President Vladimir Putin’s decision to invade Ukraine, but the penalties stop short of booting Russia from the global SWIFT payments network. Get the Full Story Complete the form to...
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