Russia

H&M Group to Leave Russia After Temporary Store Reopening in August
H&M Group to Leave Russia After Temporary Store Reopening in August
July 18, 2022  |  Retail

H&M Group is “winding down the business” in Russia after pausing sales in the region in early March following the country’s attacks on Ukraine, according...

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Putin Bans Digital Payments in Russia
Putin Bans Digital Payments in Russia
July 15, 2022  |  Digital Payments

Russian President Vladimir Putin has signed a law that bans digital payments, according to news reports and a post Thursday (July 14) on the Russian...

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Today in TechREG: EBA Recommends Standard API for Open Banking
Today in TechREG: EBA Recommends Standard API for Open Banking
June 28, 2022  |  Technology

Today in TechREG, the European Banking Authority (EBA) recommended the adoption of a standard API across Europe to boost the adoption of open banking. Get...

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Lithuania’s Startup Scene Shows Resilience in the Face of Looming Russia Threats
Lithuania’s Startup Scene Shows Resilience in the Face of Looming Russia Threats
June 22, 2022  |  Startups

Amid Russian threats to punish Lithuania over blocked rail shipments to the enclave of Kaliningrad, Lithuanians today are bracing themselves for retaliation from Moscow. Yet...

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Russian Lawmakers Consider Bill to Ban Crypto Payments
Russian Lawmakers Consider Bill to Ban Crypto Payments
June 13, 2022  |  Cryptocurrency

The lower house of Russia’s parliament is considering legislation that would bar crypto platforms from hosting purchases with crypto assets, Bitcoin.com reported. Get the Full...

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Auto Verification of Bank Account Owners Is Key to Sanctions Compliance
Auto Verification of Bank Account Owners Is Key to Sanctions Compliance
May 27, 2022  |  Regulation

Sanctions have been dominating headlines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Today in Crypto: Bitcoin Falls With Powell Remarks; Coinbase Institute to Fund Research
Today in Crypto: Bitcoin Falls With Powell Remarks; Coinbase Institute to Fund Research
May 18, 2022  |  Cryptocurrency

Bitcoin dropped under $30,000 in trading on Wednesday (May 18) following traditional markets in retreat, Coindesk wrote. Get the Full Story Complete the form to...

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With No Credit Card Processing, Google Stops Paid App Sales in Russia
With No Credit Card Processing, Google Stops Paid App Sales in Russia
May 09, 2022  |  Google

Google won’t be offering paid apps or app updates for Russian users — but that’s not because the company wanted to exit the market, a...

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China, Russia Central Banks to Discuss National Payment Systems
China, Russia Central Banks to Discuss National Payment Systems
May 06, 2022  |  Digital Payments

The central banks of Russia and China are set to discuss the use of the two nation’s national payment systems in both countries. Get the...

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