The European Union might trim seven Russian banks from SWIFT, the international messaging system used to process payments, according to documents seen by POLITICO Tuesday (March 1). The list includes VTB, the country’s second-largest lender and a financial services provider with branches in Russia, former...
In today’s top Europe, Middle East and Africa (EMEA) news, Russia’s financial services were further handicapped when the National Bank of Ukraine revoked the licenses and liquidated the assets of two Russian banks; and the European Parliament postponed its vote on a proposed regulatory package...
The Bank of Russia said that customers of some banks being sanctioned by the U.S. and other governments may be cut off from using their cards and mobile payment systems. As Reuters reported Friday (Feb. 25), the central bank said debit and credit cards issued...
Aside from dealing with banking sanctions from United States, European Union and British leaders, Russia’s financial services were further handicapped when the National Bank of Ukraine (NBU) revoked the licenses and liquidated the assets of two Russian banks — Sberbank and VEB, according to a...
March 17, 2022
In cryptocurrency news, Coinbase might see another $1.26 billion in revenue from its NFT segment, according to Needham analyst John Todaro, Coindesk wrote Thursday (March 17). The NFT business from Coinbase hasn’t officially come out, but CEO Brian Armstrong said that during the earnings call, the market has been ripe. Todaro’s scenario would have the […]
March 02, 2022
The European Union might trim seven Russian banks from SWIFT, the international messaging system used to process payments, according to documents seen by POLITICO Tuesday (March 1). The list includes...
February 25, 2022
The Bank of Russia said that customers of some banks being sanctioned by the U.S. and other governments may be cut off from using their cards and mobile payment systems....
February 25, 2022
Aside from dealing with banking sanctions from United States, European Union and British leaders, Russia’s financial services were further handicapped when the National Bank of Ukraine (NBU) revoked the licenses...
