Sberbank of Russia has started the 1st stage of the pilot project “DUET technology replacement” to approbate a new technology of EMV standard for United Russian Payment System (URPS).
Since summer of 2009 the Ministry of Communications and Mass Media of the Russian Federation has received from Roskomnadzor, various associations and telecoms operators more than 160 proposals considering the Act “On the personal data”.
The Ministry of Economy of Ukraine has prepared the draft of the Decree of the Cabinet of Ukraine “Issues of merchants’ transfer on using special payment devices for making transactions for the sold goods (or rendered services)”.
MasterCard Europe today announced its third-quarter 2009 operating results for the Europe region. European consumers continued to use their MasterCard-branded cards during the quarter, with purchase transactions up 5.2% compared to the same period in 2008 – continuing the increased trend toward electronic payments in the region.
On August 6, 2009, Act “On the order of equipment and application of payment terminals for making payments’, developed by the Central Bank of Uzbekistan together with the State Tax Committee of the Republic of Uzbekistan, has come into force.
NCR to provide at least 1,200 automated teller machines with cash-recycling functionality, the most extensive deployment of cash-recycling ATMs in Europe.
On October 1, 2009, the number of publicly accessible АТМs of Sberbank of Russia has totaled 19,962 machines, as against of 16,360 АТМs on January 1, 2009.
According to the Central Bank of Azerbaijan (CBA), on October 1, 2009, Azerbaijan banks have issued credits on the sum of 7.5 billion manats ($9.5 billion) that is by 150.9 million manats ($189 million) as much as it was on September 1, 2009.
As attacks against automated teller machines (ATMs) and customer transaction data become increasingly sophisticated, effectively authenticating all users at the self-service channel is growing more critical by the day for financial institutions.
Azerbaijan and Turkey are to create their own online money transfer system and propose the Economic Cooperation Organization’s (ECO) member states to join it. At present, the system is being tested.
Third quarter diluted EPS from continuing operations attributable to common shareholders of $0.54 decreased 27% versus $0.74 last year. Total revenues net of interest expense decreased 16%. Return on average common equity (“ROCE”) was 10.4% and return on average tangible common equity (“ROTCE”), which excludes goodwill and intangibles, was 13.5%.
Obschestvennoe Mnenie Foundation (The “Public Opinion” Foudaition) has published its research, held among e-cash users in Russian Internet and paid services, on which e-cash is the most widespread form of payment.
Kiev city administration has defined potential investors for the Social card of Kiev inhabitant project, including such companies as Universal information technologies and BМ Bank.
As Sergey Sazanov, Deputy director of the Federal Bailiff Service of Russia (FBS), said, that in Russia it is necessary to allow tax debt collecting out of court.
Rosbank has started issuing bank cards with a function of non-cash trip payment in the Moscow Metro. Within the frameworks of this project clients are offered MasterCard Gold, Standard or Maestro cards.
URALSIB Bank and Aeroflot – Russian airlines have signed the partnership agreement on issuing co-branding URALSIB Bank MasterCard cards related to the Aeroflot Bonus program.
The National Bank of Ukraine (NBU) recommends banks to establish video surveillance in all structural divisions. It is told in NBU’s letter from October 7, 2009.
Oberthur Technologies, the world's second largest provider of smart card based solutions announces the successful completion of MasterCard CAST certification (Compliance Assessment & Security Testing program) for its Flash memory based payment card.
