”Penkiu kontinentu bankines technologijos“ (BS/2) company, expands its .iQ family product range by introducing multi-vendor module for automated teller safes.

Sberbank of Russia and AmEx are discussing probable cooperation.

According to the National Bank of Moldova, NBM the volume of money transfers made by individuals to the Republic of Moldova in June 2010 was USD 119.83 mln, including USD 104.62 mln via the international money transfer systems.

Multi-industry loyalty program Magnit will be launched in September 2010 in Crimea (Ukraine).

NCR’s multi-vendor security software prevents from inside-out skimming attacks

Unicredit Bank, a leading provider of financial services in Russia, is installing NCR Corporation’s (NYSE: NCR) Solidcore Suite for APTRA™, a multivendor ATM software security solution with real-time centralized management that prohibits the introduction of unauthorized code on ATMs and protects them from insider attacks. The software is being installed on Unicredit’s entire multivendor ATM network in its branches.

SIAB bank started issuing virtual card that allows making online purchases. Any used of the internet bank SIAB-Online can create this card. The cars is being issued only for the existing account and only valid for one online purchase.

Sberbank is going to increase the number of its cards in circulation by 30%, up to 60 mln cards by the end of 2010. Today Sberbank has about 30% of the Russian card market. By the end of this year the issue can reach 60 mln cards and a year later – 70 mln cards, said V. Orlovsky.

According to the Ukrainian processing center (UPC), the number of payment cards transactions in the first 8 months of 2010 increased by 7% in comparison to the same period of 2009.

In February 2010 there was launched joint project of RPS Zolotaya Korona and Russian Standard bank on organizing of cashless settlements on RPS cards in the bank’s network.

Zirrat Bank, Agricultural Bank of the Republic of Turkey, which is the biggest bank in the country, just announced that GRG HK, a wholly-owned subsidiary of GRG, had won a bid for 1250 units of recycling machine - H68N.

Sberbank of Russia announces opening of 17 new branches of a new format. The branches network totally includes 22 of these branches.

Guangzhou, People’s Republic of China- GRGBanking Equipment Co.,Ltd.(hereinafter GRGB) has announced that its new subsidiary, GRGBanking Equipment(HK) Co.,Ltd.(hereinafter GRGB(HK)) secured a large order to supply 1,000 unit automated teller machines(ATMs) for one of the big bank in Middle East.

According to the Russian National Association of Electronic Trade Participants (NAUREP) the total amount of the instant payments market in the 1^st half of 2010 was 354 billion rubles, which is by 18.4% higher than this statistics for the same period of 2009 (299 billion rubles).

In August 2010 Belgazprombank (Minsk, Belarus) was one of the first in the republic that started issuing chip cards Visa Inc. and MasterCard Worldwide.

The results of July 2010 show that 2 256 persons joined My Alfa-Bank internet channel. Since the launch of this service with extended functionality in November 2009 a total number of more than 20 thousand persons joined it. 

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.

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%.

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

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.

The government of Ukrainestarted implementation of a project Electronic student ID. Within this project on the 1^st 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.