Sky Bank in front-to-back office tech revamp with Finastra

Fun with flags

Ukraine-based Sky Bank (formerly Region-Bank) is replacing its legacy systems with Finastra’s Fusiobanking Essence platform.

Attic Lab and Bank Alliance to build blockchain-based payments system

Blockchain comes to Ukraine

Ukrainian fintech start-up Attic Lab has signed its second deal to implement SmartMoney, a blockchain-based digital money system, at a local bank. This is with Bank Alliance.

WorldRemit brings instant money transfers to CIS markets

WorldRemit 1

Digital money transfer service WorldRemit is now available in Ukraine, Armenia, Belarus and Kazakhstan, expanding its partnership with the Russian “Contact” payment system. The development follows WorldRemit’s recent service launch across Russia in collaboration with Contact. The firm’s users can now send money to be collected as cash pick up at more than 3,000 locations […]

Alpari Bank and Attic Lab embark on blockchain-based e-money project

Blockchain comes to Ukraine

A Ukrainian fintech start-up, Attic Lab, has signed a deal with a local bank, Alpari Bank, to implement blockchain-based banking system SmartMoney.

Attic Lab unveils open source blockchain platform

Ukraine flag

Ukrainian start-up Attic Lab has revealed its lofty ambitions with the launch of an open source blockchain platform. The banking platform will offer the issuance of e-money and Attic Lab claims it will be a “full-fledged alternative” to systems like Visa and MasterCard. The company was founded in early 2016 with Sergey Vasilchiuk taking the […]

Ukraine, Turkey and Russia crises pose banking challenge

Violent political unrest in Ukraine has presented banks and international investors with a dilemma

Political turbulence in the Ukraine, Russia and Turkey this year produced disagreement between senior financial industry executives at a FIX Trading Community conference in London yesterday, with some arguing that politics should not be allowed to detract from the longer-term rise of non-western economies and others arguing the opposite.

Ukraine’s Ukrsotsbank turns to Fiserv for cash management

Ukraine's Ukrsotsbank will use Fiserv's cash management tools in Kyiv (pictured)

Ukraine’s UniCredit ‘Ukrsotsbank’ has chosen US technology firm Fiserv to provide its Integrated Currency Manager tool, which the bank will use to improve its supply chain management and make better use of its available resources.

Oschadbank Ukraine adopts online and mobile banking tools

Oschadbank will use Way 4 to integrate its mobile and online banking tools

Ukraine’s Oschadbank has installed a remote banking service that it says will help it to create a single ‘payment ecosystem’ that covers cards, security, payments and transfers.