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...
Morgan Stanley will send the Russian central bank a notice that it’s going to formally close of all of its banking operations in the country...
No, you still cannot easily buy a cup of coffee with bitcoin. But it turns out you can use the cryptocurrency in an effort to...
An internal investigation at Deutsche Bank has found that it processed at least €175 million (nearly $197 million USD) in dirty money for Russian criminals...