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). The platform, GetFinance, targets small and medium-sized businesses, enabling them to automatically on-board vendors and digitize factoring processes. B2B suppliers...
Government initiatives can serve as a tailwind under bank/FinTech partnerships, as shown in Hong Kong and beyond. And APIs gain ground with Citi in that region, while Armenia sees some additional forays into digital banking
Welcome to The Axis, your late look at payments news from around the world. Coverage includes how Turkey’s İşbank rolled out an application programming interface (API) portal. In addition, Armenia’s VTB Bank launched mobile banking services, and Armenia’s ACBA-Credit Agricole Bank has started to accept JCB cards across the country....
December 21, 2020
Italian police charged the former head of cryptocurrency exchange BitGrail, identified by the initials of “F.F.,” with money laundering, fraudulent banking and computer fraud, Reuters reported. “It is the biggest cyber-financial attack in Italy and one of the biggest in the world,” the police said in a statement. They allege that F.F. was involved in […]
