Russia

Alipay Launches eComm JV With Russian Internet Company Mail.Ru

Alipay Launches eComm JV With Russian Internet Company Mail.Ru
Alipay Launches eComm JV With Russian Internet Company Mail.Ru
October 09, 2019  |  Cross-border Payments

Russian Mail.Ru is forming a joint venture with Alibaba’s mobile payments division Alipay, Reuters reported on Wednesday (Oct. 9). The partnership also includes the Russian...

READ MORE >
Russian Hacker To Plead Guilty In JPMorgan Case
Russian Hacker To Plead Guilty In JPMorgan Case
September 16, 2019  |  Legal & Regulation

A Russian hacker who perpetrated the financial data theft of over 80 million JPMorgan Chase & Co. clients will plead guilty to the crime later...

READ MORE >
US Congress Discovers Alleged Flaws In Deutsche Bank Controls
US Congress Discovers Alleged Flaws In Deutsche Bank Controls
September 08, 2019  |  Legal & Regulation

U.S. congressional investigators have found possible failures in Deutsche Bank AG’s money laundering controls. Sources familiar with the matter told Reuters that Deutsche Bank handed...

READ MORE >
Overstock CEO Resigns After Disclosing Romance With Russian Agent
Overstock CEO Resigns After Disclosing Romance With Russian Agent
August 22, 2019  |  Personnel

Patrick Byrne, CEO and founder of Overstock.com, has resigned following information that his romance with a Russian agent affected the company’s profit center, Politico reported...

READ MORE >
SEC Fines Russian Rating Firm $269K For Failing To Disclose Review Payments
SEC Fines Russian Rating Firm $269K For Failing To Disclose Review Payments
August 22, 2019  |  B2B Payments

The Securities and Exchange Commission (SEC) settled with Russia-based ICO Rating for $268,998 to satisfy charges over undisclosed payments received for publicizing companies’ digital asset...

READ MORE >
Russia Delivery Service Dostavista Raises $15M
Russia Delivery Service Dostavista Raises $15M
August 13, 2019  |  Investments

The same-day delivery service Dostavista, which was founded in Russia, has raised $15 million in a Series B funding round led by Vostok New Ventures,...

READ MORE >
CUs Try To Solve The Cannabis Cash Conundrum
CUs Try To Solve The Cannabis Cash Conundrum
August 12, 2019  |  Credit Unions

Pot is legal across several states, illegal nationwide, and cash still dominates transactions. But might CUs offer a salve for at least (some) banking needs? ...

READ MORE >
Russia’s Watchdog Investigates Apple For Anti-Competition Practices
Russia’s Watchdog Investigates Apple For Anti-Competition Practices
August 08, 2019  |  Mobile Commerce

Apple is facing Russian scrutiny following a cybersecurity complaint that it is taking advantage of its controlling market position, Russia’s anti-monopoly watchdog told Reuters on...

READ MORE >