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02-09-10
Hikmet Ersek Assumes President and CEO Role at Western Union

The Western Union Company (NYSE: WU) announced today that Hikmet Ersek, 50, has assumed the role of President and Chief Executive Officer as part of the company's previously announced succession plan. He also serves on the company's Board of Directors.

02-09-10
Tieto and I-Teco create a data centre joint venture in Russia

Tieto Corporation and Russian leading IT service and consulting company I-Teco will establish a new joint venture company, TrustInfo, providing a full range of globally competitive infrastructure and cloud services in Russia. Tieto will own 70% of the shares in the new joint venture company and I-Teco 30%.

01-09-10
CyberPlat sells virtual cards for online shopping

The payment network CyberPlat has introduced an option of purchasing Visa Inc. virtual cards for Internet settlements.

01-09-10
First payment terminals with coin boxes installed in Russia

The manufacturer of payment terminals KM Technology announced launching of manufacturing of the first in Russia terminals with coin boxes. Launch of these new models related to the replacement of 10 rubles bills in circulation with coins.

01-09-10
Ukrainian students will be provided with electronic IDs

The government of Ukrainestarted implementation of a project Electronic student ID. Within this project on the 1st of September institutions of higher education should issue IDs integrated with a payment card. The National Bank of Ukraine believes that within the year the banks – members of the National system of mass e-payments (NSMEP) will issue about 460 thousand of these cards.

31-08-10
VTB 24: the number of ATMs with cash-in function reached 1 thousand

As of August 30, 2010 the number of VTB 24 ATMs, enhanced with cash-in, function reached 1 thousand.

31-08-10
MegaFon: payments for goods and services from mobile accounts

Mobile operator MegaFon, payment system QIWI Wallet and VAS Media company developed a new service that allows MegaFon subscribers to pay for goods and services from their mobile accounts.

31-08-10
More than 100 thousand virtual cards were issued via online bank Alfa Click

In August 2009 Alfa Bank started to issue virtual cards, intended only for purchases and other online settlements. Over the last year clients of the bank filled more than 100 thousand applications for virtual cards via online bank Alfa Click.

30-08-10
Self service system of Sberbank of Russia: New service

West Ural bank of Sberbank of Russia announced launching of new service. Now the system Sberbank OnL@in and self service devices installed in the PermTerritory allow topping up e-wallets Yandex.Money and WebMoney and virtual account in the social network Vkontakte.ru using payment cards.

30-08-10
ZAO SBERKARTA self-liquidated

On August 20, 2010 during the general shareholders’ meeting of ZAO Sberkarta it was unanimously decided to proceed with its voluntary liquidation.


30-08-10
RPS Zolotaya Korona: results of the 1st half of 2010

Russian payment system Zolotaya Korona summarized the results of its activity for 6 months.

27-08-10
Gorkovskaya railroad: almost 10% tickets were sold via the Internet

During the 7 months of 2010 almost each 10th ticket of Gorkovskaya railroad (GZD) – 9.1% - was sold via the Internet. The total number of tickets sold online within this period was 346.3 thousand. In June only 71.5 thousand tickets were bought at the web portal.

27-08-10
UNIStream and Kumari Bank launched money transfers in Nepal

UNIStream and Kumari Bank Limited (Nepal) launched a joint integration project, providing UNIStream income transfers option in Nepal.

27-08-10
WebMoney provided e-wallet for Odnoklassniki (Classmates)

WebMoney Transfer system launched a special application for the social network Odnoklassniki. This application is a fully-featured WebMoney walletof the account of the social network user. It allows transferring money between the users, buying OKs (online currency of the network), paying for games and services (mobile phone, internet and more that 12 thousand online shops), borrowing money, lending money, making gifts to the friends – all that right in the popular social network Odnoklassniki.

26-08-10
Aeroexpress and Moscow Metro issued combined ticket

State Unitary Enterprise Moskovskiy Metropoliten (Moscow Metro) and OOO Aeroexpress launched a joint product – contactless metro/aero express ticket.

26-08-10
State lottery will accept bets made via QIWI Wallet

State lottery and QIWI Wallet offered new betting option to the users: now the payment can be made using QIWI Wallet.

26-08-10
Bank of Russia: 706 lending institutions engage in issuing and acquiring of payment cards

According to the Bank of Russia as of August 24, 2010 there were 706 lending institutions that carry on issuing and acquiring of bank cards. The number of issuers equaled to 673; the number of acquirers – 631.

25-08-10
The volume of transfers made by individuals from Russia in the 2nd quarter was USD 7.397 bln

According to the Central Bank of Russia the volume of cross-border transactions made by individuals from Russia via the financial institutions and money transfer system in the 2nd quarter of 2010 was USD 7.397 bln. The volume of cross-border transfers received by individuals in Russia was USD 2.409 bln.

25-08-10
Survey of the Moldova payment cards market

According to the results of the “Survey of the market of payment cards of the Republic of Moldova” provided to the PLUS Journal by the National Bank of Moldova in the 1st half of 2010 the number of cards in circulation increased by 1.7% in comparison to the same period of 2009. The total volume of transactions made in Moldova in the 1st half of 2010 grew by 9.8%.

25-08-10
NXP Selected to Secure New German National Identity Card

NXP Semiconductors announced that its SmartMX secure contactless microcontroller chip has been chosen to power the new German contactless National Identity card (Neuer Personalausweis).
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