The finance minister in Bulgaria admitted that a hacker stole millions of people’s data, and that almost every taxpaying adult in the country was affected,...
Yandex has announced that MLU B.V., its ride-sharing and food delivery joint venture with Uber, has agreed to acquire the IP and call-centers of Russia’s...
Visa will comply with a Russian law that says international payments systems have to process transactions for the country despite U.S. sanctions, according to reports....
Russia’s VTB Bank has launched a digital supply chain finance portal via its VTB Factoring subsidiary, according to Global Trade Review reports Wednesday (July 3)....
Overstock CEO Patrick Byrne said that he welcomes Facebook’s entry into the cryptocurrency market. At the the Fortune Brainstorm Finance conference in Montauk, N.Y., Byrne...
The rise of faster payment systems has become a global phenomenon. In the past few years, several global markets have invested resources into developing payment...
Russian eCommerce giant Mail.ru, mobile company MegaFon and Alibaba have announced a joint partnership for a new venture called AliExpress Russia JV, according to reports. The...
Yandex, Russia’s largest technology company, is starting a delivery service that will let customers request meals from restaurants even if they’re not on the menu,...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the coming rollout of a paperless ticket option for...