Eastern Europe news and trends

Bitcoin Daily: US DOJ Wants To Hire Crypto Lawyer To Fight Cybercrimes; Centra Tech Co-Founder...
Bitcoin // July 20, 2020

Sohrab Sharma, the third co-founder of Centra Tech, has pled guilty to an initial coin offering fraud, according to CoinDesk. Sharma’s confession confirms that he, along with fellow co-founders Raymond Trapani and Robert Farkas, lied about their purported cryptocurrency partnerships and credentials. Sharma, in pleading...

Huawei Pay Launches In Russia With Union Pay
Mobile Payments // January 29, 2018

China’s UnionPay and Huawei are teaming up to bring Huawei Pay to Russia. According to PocketNow, the companies’ partnership will bring the mobile payment platform first to Russia, followed by other “belt and road” economic regions, which is most of Eurasia. UnionPay bank cards are...

Naspers Chairman Pushes Back On Calls To Sell Its Tencent Stake
International // August 28, 2017

Faced with calls to break up the eCommerce and Pay TV company and sell its stake in Tecent, the chairman of South Africa’s Naspers said that idea doesn’t take into account the long term. According to a report in Reuters, Naspers has a 33 percent...

Verifone Enters Ukraine Market With PrivatBank Deal
Partnerships / Acquisitions // May 03, 2017

Verifone, the payments and commerce solutions company, announced Tuesday (May 2 ) that it has been selected as the payment solution and service provider for PrivatBank, an acquirer in the Ukraine. In a press release, Verifone said it inked a three-year service agreement, in which it will...

Interviews & Exclusives
Ukraine’s Small Businesses Find Silver Lining in Digital Payments

January 17, 2023
Digital payments have been small businesses’ saving grace in the face of tough economic challenges. It’s a double-edged sword that, according to James Allum, senior vice president of Europe at Payoneer, stems from the “twin revolution of payments and digital” witnessed in the last few years. In fact, Allum said, the digital modernization of payments was […]

Quick Reads
Bitcoin Daily: US DOJ Wants To Hire Crypto Lawyer To Fight Cybercrimes; Centra Tech Co-Founder...

July 20, 2020
Sohrab Sharma, the third co-founder of Centra Tech, has pled guilty to an initial coin offering fraud, according to CoinDesk. Sharma’s confession confirms that he, along with fellow co-founders Raymond Trapani and Robert Farkas, lied about their purported cryptocurrency partnerships and credentials. Sharma, in pleading guilty, gave up 10,000 in ethereum, or $2,329,200. He pleaded […]

Huawei Pay Launches In Russia With Union Pay

January 29, 2018
China’s UnionPay and Huawei are teaming up to bring Huawei Pay to Russia. According to PocketNow, the companies’ partnership will bring the mobile payment platform first to Russia, followed by...

Verifone Enters Ukraine Market With PrivatBank Deal

May 03, 2017
Verifone, the payments and commerce solutions company, announced Tuesday (May 2 ) that it has been selected as the payment solution and service provider for PrivatBank, an acquirer in the Ukraine. In...

Ingenico Group Grows Ukraine Footprint With SST Acquisition

April 28, 2017
Global seamless payment technology provider Ingenico Group recently announced an acquisition that will expand its footprint in the Ukraine. Ingenico Group recently acquired the Systems of Secure Transactions (SST) business...