Russia

Sberbank, Yandex Partner To Launch Online Marketplace Beru
Sberbank, Yandex Partner To Launch Online Marketplace Beru
October 26, 2018  |  Partnerships / Acquisitions

Sberbank, the biggest lender in Russia, and Russian search company Yandex are launching a new internet marketplace dubbed Beru that has ambitious plans to become the...

READ MORE >
Russia’s Sberbank Develops Instant B2B Payments Service
Russia’s Sberbank Develops Instant B2B Payments Service
October 17, 2018  |  B2B Payments

Sberbank, Russia’s largest bank, is collaborating on a faster B2B payments solution with the financial services unit of Russian search engine Yandex. In collaboration with...

READ MORE >
IKEA Looking For Partnerships With Russian Companies
IKEA Looking For Partnerships With Russian Companies
October 11, 2018  |  Retail

IKEA wants to form strategic partnerships with Russian companies to expand its online business in the country. According to Reuters, the retailer’s Country Manager Pontus...

READ MORE >
US Examines Alleged Danske Bank Money Laundering
US Examines Alleged Danske Bank Money Laundering
September 14, 2018  |  Banking

In the latest salvo of cross-border probes over money laundering, The Wall Street Journal reported Friday (Sept. 14) that U.S. law enforcement agencies are examining...

READ MORE >
Alibaba Expands Push Into Russia With Joint Venture
Alibaba Expands Push Into Russia With Joint Venture
September 11, 2018  |  eCommerce

Alibaba, the Chinese eCommerce giant, inked a deal Tuesday (September 11) with the Russian Direct Investment Fund and Mail.ru Group to create AliExpress Russia. According...

READ MORE >
ING Group Fined For Money Laundering, Due Diligence Lapses
ING Group Fined For Money Laundering, Due Diligence Lapses
September 04, 2018  |  Security & Fraud

Financial crime is drawing scrutiny — and fines — at large financial institutions. To that end, ING Group said it has agreed to pay 775...

READ MORE >
Bitcoin Daily: UK, China Issue Crypto-Related Warnings, Russian Police Seize 20 Crypto ATMS
Bitcoin Daily: UK, China Issue Crypto-Related Warnings, Russian Police Seize 20 Crypto ATMS
September 04, 2018  |  Bitcoin

U.K.’s financial services providers watchdog, the Financial Conduct Authority (FCA), has sent out a warning about three crypto-related firms that have been operating without a...

READ MORE >
Bitcoin Daily: BTC.com Rolls Out Ethereum Mining Pool; Russia Seeks To Track Crypto Operations
Bitcoin Daily: BTC.com Rolls Out Ethereum Mining Pool; Russia Seeks To Track Crypto Operations
August 31, 2018  |  Bitcoin

Bitmain subsidiary BTC.com has rolled out a client designed for Ethereum blockchain mining, The Next Web reported. Already, the firm is one of the largest...

READ MORE >
Deutsche Bank Reviews Show It Needs To Do More To Prevent Money Laundering
Deutsche Bank Reviews Show It Needs To Do More To Prevent Money Laundering
August 03, 2018  |  Banking

Deutsche Bank, more than a year after being hit with a fine of close to $700 million for enabling money laundering, has discovered more issues...

READ MORE >