Russia

Amendments to Russia’s Law on Information, Information Technologies and Information Protection are currently being discussed and could have major implications for how Big Data is used in the country. The …

Participants in Russia’s emerging Big Data market, including the Internet Development Institute (IRI) and the Big Data Association (ABD) (which includes Yandex, the Mail.ru Group, Sberbank, Gazprombank, MegaFon and Rostelecom), …

The data market is starting to come to greater prominence around the world. Perhaps nowhere is this truer than in Russia, where the data market is still largely in its …

Understanding the importance of Big Data and other digital technologies in the modern world, Alfa Bank has developed a strong digital strategy and become a leader in Big Data. To …

Sberbank has been one of the first financial service providers to embrace the use of social media listening (SML) to solve the problems of classical research. Here are 5 ways …

One of the most pressing issues for financial institutions in Russia is how to make financial services available to those living in small towns and remote settlements. For much of …

QIWI Group has created its own platform for solving problems related to in-depth analytics and data monetization. QIWI Data is the result of more than 5 years of research into …

A recent survey has shown that more than half (55.4%) of Russian companies have a dedicated budget for implementing Big Data analytic solutions. These budgets account from anywhere between 5–10% …

For those looking to invest funds as a way to make money with money, there are 7 main ways to consider in the Russian market: Bank deposits – this low-risk, …

Yandex Money and Phinex Plus have launched Yammi, a trust management service to help investors invest in Phinex ETFs. Yammi is a roboadvisor that offers investment recommendations based on a …

Tinkoff Bank Group plans on launching the Tinkoff Capital Management company in the 4th quarter of this year. The company will offer clients exchange funds for investments, with an entry …

Russia’s National Financial Association, a self-regulatory organization, has issued its first official accreditation to VTB Capital Investment under a program to provide individual investment recommendations to users via roboadvisors. Roboadvisors …

Internet company Ozon has announced the launch of its own card. The MasterCard World PayPass card serves as a payment instrument as well as gives users access to a loyalty …

A proposed merger between Yandex and Tinkoff is being heralded by many as a move that will greatly benefit both sides. For Tinkoff, they will gain access to an expanded …

The St. Petersburg International Economic Forum hosted a discussion with the heads of Yandex, Tinkoff and Severstal, during which the three discussed ideas on the development of technologies. Highlights of …

Russia’s Sberbank has a plan to create a fully-functional online ecosystem that combines banking services and non-financial services by 2024. To do this, the bank has been spent more than …

Russian bank Sberbank is planning to launch a music streaming service in the near future. Currently, the bank is looking for a partner and is reportedly in negotiations with Yandex, …

Russia has seen a boom in the number of smaller businesses in the last few years. Unfortunately for them, traditional lenders are, by and large, still focused on providing services …

As is the case around the world, business-to-business (B2B) payment solutions in Russia are lagging behind business-to-consumer (B2C) solutions. In fact, B2B transfers are still a relatively painful process in …

Sberbank has announced a new service for corporate clients that will guarantee the fulfillment of a supplier’s obligations or give a full refund. The service also works in the other …