News of Payment Systems
• StarBank is closing its Union Card project
• Vakhid Akhmedov about the volume of remittances into Azerbaijan
News of Banks
• From the beginning of the year Russian banks have reduced their personal credit portfolio by 8.3 percent
• Alfa bank: credits in OBI hypermarkets
• Three insurance companies will be partners of Sberbank on life insurance
• Ingosstrakh: payment under the policy of bank card issuers risks insurance
• PrivatBank plans to open 100 new offices
• Raiffeisen Bank Aval has introduced a system of instant mobile payments
Business. Technologies. Retail
• Russian Post becomes the universal operator of governmental services
• MilliKart introduces GSM/GPRS POS-terminals
Card Society
• Indian Railways to use NXP’s contactless MIFARE DESFire enabled smart ticketing