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Compass Plus builds new mobile banking app for Lipetskcombank

New digital tech project for Compass Plus in Russia

Lipetskcombank (LKB), one of Russia’s largest regional banks, has launched its new LKB Online mobile app, underpinned by the Tranzware Mobile Banking system from paytech specialist Compass Plus.

NSD makes it possible to maintain financial privacy in blockchain use

Blockchain

It took just half a year for the team of National Settlement Depository (NSD), Russia’s central securities depository, to find a solution for the challenge of maintaining confidentiality when verifying distributed ledger transactions.

Telegram becomes the BotFather of Sberbank’s payments

Welcome to the family

News comes from Russia with love as Sberbank, the country’s largest bank, and Telegram, a messenger API, have partnered up to develop a payment solution for firms using Telegram bots.

Interview: Aleksey Chubar, VTB – leading a fintech revolution in Russia

Aleksey Chubar, VTB

If you’ve got preconceptions about what fintech looks like and where it’s happening, then Aleksey Chubar, head of digital transformation at VTB, has news for you. Russia is becoming a hotbed of fintech innovation – not just domestically, but internationally too. More than that, the rapid pace of technological change in the country means you’ll soon wonder how you got left behind.

McDonald’s taps Capgemini for digital push; Burger King unveils Whoppercoin in Russia

McDonald's

Capgemini has signed a multiyear IT strategic provider agreement with McDonald’s to help the fast food giant use technology to improve the customer experience. Meanwhile, Burger King has launched a blockchain-based loyalty programme in Russia.

Russia’s CSD develops blockchain platform with Waves

Time for blockchain news!

National Settlement Depository (NSD), Russia’s central securities depository (CSD), and Waves, a decentralised platform for launching crowdfunding campaigns and issuing digital assets, have embarked on a blockchain project.

Yandex and Sberbank plot joint venture for e-commerce

Sberbank to pump $500m into Yandex.Market

Russia’s tech heavyweight Yandex and the country’s largest bank, Sberbank, are planning a joint venture to “boost e-commerce development”. The new venture will be based on the Yandex.Market platform.

VTB brings Alipay to Russia big time

Alipay comes to Russia big time

Chinese online and mobile payment platform Alipay is looking to grow its presence significantly in Russia with the help of VTB Group.

Sberbank implements risk management system with Numerix

sberbank

Russia’s largest banking group Sberbank has completed the implementation of its bank-wide technology programme focusing on automating its financial market risk management system. As part of the multi-year project, Sberbank built a technology platform which included IT systems and modules allowing the management of various types of risks, namely credit and market risks. The platform […]

Blockchain and Bitcoin round-up: 2 June 2017

No Bitcoin traded here

From Russian banks to Greek lawyers. Our latest blockchain and Bitcoin report rounds up the news into a quick and easy read. Russian news agency TASS reports that Bank of Russia, the nation’s central bank, will develop a national cryptocurrency. At the St. Petersburg International Economic Forum 2017, the regulator’s deputy chairperson Olga Skorobogatova says: […]

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