Russia

Moscow Cracks Down On The Dollar
Moscow Cracks Down On The Dollar
November 06, 2014  |  International

Russia may ban circulation of the U.S. dollar in the country, the Azeri-Press Agency reported on Wednesday (Nov. 5). A bill has already been introduced...

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Putin Puts Visa/MC Deadline On Ice
Putin Puts Visa/MC Deadline On Ice
October 24, 2014  |  International

Visa and MasterCard have won a reprieve from Russia’s demand that the card brands pay more than $1 billion each to continue operating in the...

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Feds Figure Out Who Did Not Attack Chase
Feds Figure Out Who Did Not Attack Chase
October 21, 2014  |  News

At a briefing from the FBI and the U.S. Secret Service, authorities say that they no longer suspect the Russian government of playing any role...

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MasterCard Stays The Course On Russia
MasterCard Stays The Course On Russia
October 14, 2014  |  Europe

After initial signs that MasterCard might resist new rules, which required billions of dollars of security deposits, the card brand has now agreed to continue...

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SWIFT Says It “Has No Authority” To Unplug Russia Or Israel
SWIFT Says It “Has No Authority” To Unplug Russia Or Israel
October 08, 2014  |  B2B Payments

Global financial-messaging network SWIFT will not unplug either Russia or Israel from the system unless the European Union officially adopts appropriate sanctions, the organization said...

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eBay Embracing Some Of Its Russian Rivals
eBay Embracing Some Of Its Russian Rivals
October 01, 2014  |  News

The gray area that distinguishes a rival from a friend is amorphous anywhere in payments and E-Commerce, but no more so than overseas. The latest...

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Kiosk-based Money Transfers In Russia Double
Kiosk-based Money Transfers In Russia Double
September 18, 2014  |  Alternative Finances

Money transfers sent through kiosks in Russia have nearly doubled in the past year, according to Self Service World. Payment services provider Qiwi, which dominates...

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Swift Moves to Ban Russia
Swift Moves to Ban Russia
September 03, 2014  |  News

British prime minister David Cameron is urging EU nations to cut off Russian banks from the SWIFT financial messaging network, in order to put pressure...

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