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11-03-10
Wincor Nixdorf has won the tender for the delivery of the equipment for the bank VTB24

The conditions of the agreement include the delivery of the Wincor Nixdorf’s mono– and multifunctional ATMs and the service support of ATMs in the territory of the Russian Federation.

11-03-10
Association "Russia": card swindlers to be called to account

The Russian Government has approved amendments to the Article 187 of the Criminal Code of the Russian Federation, Anatoly Aksakov, Deputy of the State Duma and President of the Association of Regional banks of Russia, brought for consideration to the Lower House of the Parliament.

11-03-10
Remittances from Russia reduced by 30%

According to Jonathan Knaus, Regional Vice–President in Eastern Europe & CIS of Western Union, in 2009 the total volume of remittances from Russia reduced by 30%.

11-03-10
Armeconombank is Armenian card market leader again

According to the press–office of Armeconombank (Yerevan, Armenia), as of March 1, 2010, Bank issued 82,600 cards – 17.8% of all cards banks–members of ArCa payment system issued, and 24.6% of all local cards in the country.

11-03-10
Zapsibcombank increases number of premium class card holders

From the beginning of 2010, Zapsibcombank has increased issue of classic and premium cards: over 6,000 customers have chosen premium ones.

10-03-10
eBay stops trading in Russia because of parcels delivery delays

Sellers of the world’s largest online marketplace eBay and some foreign Internet shops are about to stop selling Russians any goods. It’s caused by the fact that from the beginning of 2010 the delivery time in Russian Post has increased from 2 weeks up to 2 months.

10-03-10
Kazkommertsbank launches loyalty program stimulating remote banking service use

In September, 2010, Kazkommertsbank (Almaty, Kazakhstan) will launch a new loyalty program, stimulating Internet bank “Home bank” use.

10-03-10
Monthly volume of remittances to Moldova reached $63.4 million

According to the National Bank of Moldova (NBM), in January, 2010, the volume of individuals’ remittances to Moldova totaled $63.39 million, and $50.82 million of them were transferred via international remittances systems. 47.5% of remittances were in US dollars 46.1% – in Euro, and 6.4% – in Roubles.

10-03-10
RASCO to offer Armenian banks ВВВ insurance program

According to Ara Karyan, director of RASCO insurance company (Armenia), the company together with its London reinsuring partner prepares the offer for Armenian banks of commerce on the complex bank risk insurance program BBB (Bankers Blanket Bond).

09-03-10
In 2009 Russian market of e–commerce was worth 150 billion roubles

Management of Mail.Ru and Molotok.Ru have discussed the future of e–commerce in Russia.

09-03-10
URALSIB plans to increase card issue by 20–30%

URALSIB Bank is going to increase its card issue in 2010 by 20–30%, without cards on social programs.

09-03-10
NXP Ships One Billionth ICODE Chip: The Market Choice for Tags and Labels

NXP Semiconductors announced a major milestone for its ICODE product line, as the company successfully shipped over its billionth ICODE chip.

09-03-10
Post pension bank in Ukraine

Bank of Kiev (Kiev, Ukraine) and Ukrpochta (UkrPost) have signed the agreement on collaboration in foundation of a Post pension bank. At first Ukrpochta will take deposits from individuals as an agent of Bank of Kiev.

05-03-10
Vkontakte.ru develops own payment system

According to Vedomosti, Vkontakte.ru, a Russian social networking website, develops its own payment system. The representative of Vkontakte.ru said that the company didn’t make its plans on new projects public beforehand.

05-03-10
Z-Payment became Moneybookers’ partner

Z-Payment Company has signed the partnership agreement with Moneybookers electronic payments system. This agreement enables Russian Internet shops to accept all kinds of cards, to get direct bank remittances from abroad and payments from Moneybookers wallets.

05-03-10
New cooperative loyalty program in Russia

At the end of 2009 a new Bank Privilege Program cooperative loyalty program was launched. The partner network of the project has united over 200 companies from 5 cities of Russia which provide participants of the program with discounts from 5% to 20%.

05-03-10
NBM: Zolotaya Korona cards with transport application

Novosibirsk Municipal Bank (NMB) started issuing Zolotaya Korona smart cards with the Novosibirsk single travel card application to pay for trips on the municipal public transport, including the Underground.

04-03-10
NBRB about growth on Belarus card market

According to the National Bank of the Republic of Belarus (NBRB), in the fourth quarter of 2009 in Belarus the total amount of individual persons’ card operations increased by 20.7% as against of the similar period of 2008, up to 11,714 billion Belarus roubles ($3.9 billion).

04-03-10
Northern Bank of Russian Sberbank issued 1.5 million cards

For today every second card issued in the region of Northern Bank, is the card of Sberbank of Russia. Every day Bank adds approximately 1,000 new card holders.

04-03-10
Ukash online payments system now is officially presented in Russia

Russian version of Ukash system’s website (Great Britain) offers various ways to buy Ukash vouchers all across Russia. Before Ukash system distributed vouchers only via its official representative – Wallet One payment service.

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