Russia

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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Huge Cyberattack Hits JPMorgan
Huge Cyberattack Hits JPMorgan
August 28, 2014  |  Breach Round Up

The attack, which stole copies of gigabytes of banking and checking account details, hit JPMorgan Chase & Co. “and at least one other bank,” Bloomberg...

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The B2B Frustration: The Hottest Biz Travel Spenders Have The Least Friendly Payment Environments
The B2B Frustration: The Hottest Biz Travel Spenders Have The Least Friendly Payment Environments
August 18, 2014  |  B2B Payments

The business travel itinerary is no longer limited to the already developed world, and while European and American markets are still growing, B2B travel in...

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Russia Backs Off Deadline For Visa, MasterCard Security Deposits
Russia Backs Off Deadline For Visa, MasterCard Security Deposits
August 14, 2014  |  Europe

Russia’s Central Bank is preparing to abandon its deadline for MasterCard and Visa to pay transaction security deposits because neither has yet selected a partner...

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