Russia

Tinkoff has launched a free financial accounting service for entrepreneurs to analyze and monitor the state of their business. The service allows users to: plan, group and analyze cash flows, …

Early this year, Sberbank registered 182 domains having “sber” in the address (e.g. sber-medicine.ru, sber-fashion.ru and sbersale.ru). The mass registration of domains is part of Sberbank’s effort to develop an …

As the Second Payment Services Directive (PSD2) becomes just another part of business in the European Union (EU), it is natural to wonder about the state of open APIs in …

Qiwi has launched an open API money transfer service for its customers, giving users the chance to customize their own way of receiving funds. The new service makes it easier …

The Digital Tools for the Development of Insurance Product Partner Sales roundtable was held in Moscow, a first-ever discussion between insurance companies, intermediaries and IT experts in the country. The …

The personal data of consumers who requested a loan and/or credit card from the now liquidated Binbank may have been compromised. The compromised data includes names, passport data, phone numbers …

Sberbank now offers three new ways of making payments that are faster and more convenient. The first is called “B2B Corp Checkout”. It allows legal entities to add a button …

The Bank of Russia is working on the creation of an automated information disclosure control system (ACRI) that will simplify the supervision work of the regulator. Specifically, ACRI will serve …

Fresh ideas and new initiatives are born within strong self-organized teams. For this reason, hackathons represent a great way for companies, especially those engaged in the FinTech world, to leverage …

For some time, the financial sector was one of the most attractive for employment; however, it has now been overcome by the IT, pharmaceutical and entertainment sectors. A large reason …

In recent years, Russia has been puzzled by an important labor-related issue: the exodus of talented nationals who could fill the domestic skill gap and contribute to greater innovation and …

The creation of the first school of digital economics in Russia was announced last fall at the Eastern Economic Forum. The school, founded as an innovative educational project designed to …

Sberbank has been at the forefront of many innovations in recent years thanks to its repositioning of itself as a technology company that aims to provide both financial and non-financial …

Tinkoff Bank has opened free three-month training at select bank offices in 8 Russian cities (Moscow, St. Petersburg, Yekaterinburg, Izhevsk, Nizhny Novgorod, Novosibirsk, Rostov-on-Don and Ryazan) for analysts and developers. …

A two-day hackathon called #HACKProm was held in December 2018 to encourage 44 students from 8 Russian cities to find solutions to some of the biggest problems facing Gazprom Oil …

VTB Group (VTB) has launched a corporate FinTech accelerator based on GenerationS, the largest accelerator of startups in Russia and Eastern Europe. VTB’s corporate accelerator is aimed at finding and …

Revolut, a British FinTech startup with Russian roots, announced its plans to enter the Russian market this year. The company, valued at USD 561 million, is a mobile app that …

Small- and medium-sized businesses will soon be given the opportunity to quickly execute payments via a new business-to-business (B2B) payment platform launched by Sberbank and Yandex. Traditionally, B2B payments need …

The lack of regulations governing many areas of FinTech in Russia is providing many great opportunities for FinTech startups to test innovative new solutions that might be difficult to test …

Sberbank has joined the Competence Center consortium, which is focused on wireless communications and the internet of things (IoT). The purpose of the Competence Center is to: Initiate IoT research …