The European Union might trim seven Russian banks from SWIFT, the international messaging system used to process payments, according to documents seen by POLITICO Tuesday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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...
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...
VTB and the Moscow Metro are rolling out a new program that allows metro riders to pay their fares using biometric data at all stations in October using the Face Pay system, which allows customers to travel with facial recognition technology and high processing volumes....
September 04, 2017
Where in the world is Alipay? At this point, pretty much everywhere Chinese tourists might want to go, with most of Europe and North America now supported and South America being the only major exception (besides Antarctica, though we hear the tourism scene there is heating up, so who knows — it could be next!). […]
March 03, 2022
Regulators in Germany are preparing for the closure of the European arm of VTB, the second-largest bank in Russia. 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 our daily newsletter, PYMNTS Today. By completing this form, […]
March 02, 2022
The European Union might trim seven Russian banks from SWIFT, the international messaging system used to process payments, according to documents seen by POLITICO Tuesday (March 1). Get the Full...
February 25, 2022
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....
February 25, 2022
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...
