Russia

Credit Card Cybercriminal Sentenced To 12.5 Years
Credit Card Cybercriminal Sentenced To 12.5 Years
April 14, 2015  |  International

A New Jersey man has been sentenced to more than 12 years in prison and a $50 million fine for his part in a global...

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Russia Unlikely To Be Banned From SWIFT Network
Russia Unlikely To Be Banned From SWIFT Network
March 23, 2015  |  International

Despite pressure from politicians, the U.S. and its allies won’t push to expel Russia from the SWIFT global financial-messaging network, Bloomberg News reported. At a...

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MasterCard, Visa Win Back Crimea Payments Market
MasterCard, Visa Win Back Crimea Payments Market
February 09, 2015  |  Acquiring

Once transaction processing for Visa and MasterCard has been transferred to the new Russian National Payment Card System in April, the cards will again function...

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Visa Pushes Tokens For Apple Pay — And Beyond
Visa Pushes Tokens For Apple Pay — And Beyond
January 30, 2015  |  Apple Pay

Visa is already looking beyond Apple Pay. The world’s largest payment-card brand announced on Thursday (Jan. 29) that it beat analysts’ expectations, isn’t planning layoffs...

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Shoppers Drop the Ruble, Russian Retail Sales Roll
Shoppers Drop the Ruble, Russian Retail Sales Roll
January 29, 2015  |  International

To offset the effect of the sinking ruble, Russian consumers have been buying — and business is good. In the midst of the the country’s...

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