Payments News from Glenbrook Partners
Glenbrook   Book   Education   Views   Archives   Store   Advertise   About         SUBSCRIBE:

Russia

Welcome to the News View for "Russia".

Here, on these archive pages, you'll find all of the articles on Payments News for Russia listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

Subscribe to Payments News!

August 18, 2015

Headline News from PaymentsNews.com - August 18, 2015

On the Web:

On the Wires:

  • Richmond Fed's Economic Quarterly Looks at Durbin Amendment Impact on Merchants - "Based on a survey conducted two years after the regulation went into effect in 2011, Richmond Fed economist Zhu Wang and his co-authors Scarlett Schwartz and Neil Mitchell investigate the impact of the regulation on the costs to merchants of accepting debit cards. They also examine merchant reactions to the regulation in terms of changing prices and debit card restrictions. The survey results suggest that the regulation has had limited and unequal impact on merchants' debit-acceptance costs."
  • Pay Anyone From Your Wrist - "The latest Square Cash release affords anyone the ability to quickly send a payment to friends, family, or anyone nearby conveniently from their Apple Watch. Beginning today, anyone can access the app on their Apple Watch by downloading the latest Square Cash app for iOS."
  • Visa and QIWI Announce the Mass Launch of Contactless Smartphone Payments - "QIWI and Visa Inc. have announced implementation of a new stage of their strategic partnership, which has resulted in integration of Visa payWave's contactless technology into Visa QIWI Wallet."
  • Star Wars Comes to Chase Disney Visa Credit Cards - "Marking the first Star Wars brand collaboration for a credit card for The Walt Disney Company, Chase Card Services and Disney, are putting The Force in Cardmembers’ wallets with the introduction of three exclusive Star Wars designs to the Disney Visa Credit Card family, accompanied by exciting, new and exclusive Star Wars perks for all Disney Visa Credit Cardmembers."
  • First Tech Federal Credit Union and MasterCard Announce First U.S. Biometric Payments Pilot - "The pilot will test the potential of delivering greater security and convenience to First Tech’s U.S. cardholders by verifying identity via facial photographs or fingerprint scans conducted on smartphones."
  • Capital Prepaid Offers Mobile Check Cashing to BlazePaysSM Visa® Prepaid Cardholders - "Our goal is to make the BlazePays Card the most convenient and economical payment tool for consumers," said Jay Kurian, President of Capital Prepaid. "With mobile check cashing, consumers can now load funds to a BlazePays Card regardless of where they reside in the U.S."

Glenbrook's 2015 Payments Education

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

February 19, 2015

Headline News from PaymentsNews.com - February 19, 2015

Glenbrook Meetup in Chicago - Wednesday, Feb 25

On the Web:

  • American Express Loses Antitrust Suit Over Merchant Rules - Bloomberg - "AmEx failed to show that its so-called non-discrimination provisions, imposed on merchants who agree to accept its card, don’t harm competition, U.S. District Judge Nicholas Garaufis in Brooklyn said in his ruling Thursday."
  • Visa Reaches Deal with Russia Over Payment System - Wall St. Journal - "Visa Inc. will transfer the processing of transactions made on its cards in Russia to a local payment system, Russia’s central bank and the company said Thursday."
  • Why Slow Electronic Payments Can Cause Cash Flow Problems - NPR Morning Edition - "In a recent speech to bankers, Richard Cordray, who heads the Consumer Financial Protection Bureau, said roughly half of all bank fees could be attributed to a slow payment system."
  • NPCI launches Unified Payments Interface - Livemint - "Any kind of payment, including for shopping and paying taxi fares, can be done using an application downloaded on a smartphone once all banks adopt the system. The pilot project will be launched in about four-five months, managing director and chief executive officer A.P. Hota said."
  • Stanford DFJ Entrepreneurial Thought Leaders Series: Putting Startup Success in Perspective - John Collison (Stripe) - "John Collison, co-founder and president of the online payment system Stripe, explains how even the most celebrated startups repeatedly encountered uncertainty and failures along the way. In conversation with Stanford Professor of the Practice Tina Seelig, Collison shares his thoughts on how a venture's path can evolve after its early days, even as the vision holds constant."
  • Heartland’s Decision to Wind Down Leaf Throws Spotlight on Tablet Software - Digital Transactions - "Meanwhile, some observers say the decision to wind down Leaf could be an early indicator that the 5-year-old tablet point-of-sale market is undergoing a shakeout."
  • American Express Will Debut ‘Inspiring’ Celebrity Ads at Oscars - Wall St. Journal - "The credit card giant will debut four 30-second heart-felt ads, created by WPP-owned Ogilvy & Mather, that feature noteworthy people who have beaten the odds and happen to use American Express."
  • Dell Expands Bitcoin Payments to UK and Canada - CoinDesk - "In remarks, Walsh suggested that the decision was prompted by customer demand and the positive feedback the company had so far received for its US offering."
  • Transit Mobile Payments: Driving Consumer Experience and Adoption - Federal Reserve Bank of Boston - "The author conducted interviews with 16 executives representing transit agencies, transport system integrators and companies that provide digital security solutions, mobile ticketing platforms, and mobile marketing solutions, and conducted secondary industry research. The purpose of the research was to assess whether transit mobile payments can help drive adoption of mobile payments in the US..."
  • Lenovo accused of compromising user security by installing adware on new PCs - Guardian - "It leaves any Lenovo user permanently open to a “man in the middle” attack any time they use a public Wi-Fi network, letting an eavesdropper read users’ web browsing at will."

On the Wires:

  • American Express Plans To Appeal Federal Court Ruling In Government Lawsuit - “American Express is disappointed in the court’s ruling, which we believe will harm competition to the detriment of consumers and merchants. American Express intends to appeal the court’s ruling at the appropriate time.”
  • US Treasury announces partnership with digital wallet providers PayPal, Dwolla for online payments - "The goal of these partnerships is to expand the options customers have for transactions with the Federal Government, providing customers greater choice and a better customer experience. For example, customers required to submit a court filing fee at a U.S. Court, or citizens who wish to make a donation to the National Endowment of the Arts, will have similar payment options currently available to them on popular private sector websites."
  • NPCI initiates an ecosystem for Unified Payments Interface - "National Payments Corporation of India (NPCI), the umbrella organization for all retail payment system in India, has taken up a new initiative of implementing “Unified Payment Interface” to simplify and provide a single interface across all systems. The new interface is designed to enable all account holders to send and receive money from their smartphones with a single identifier – Aadhaar number, mobile number, virtual payments address – without entering any bank account information."
  • Visa Extends Easy and Secure Online Payments to New Markets Through Roll-out of Visa Checkout - "Today consumers from ten countries can sign up for Visa Checkout at www.visacheckout.com and start using the service. In the coming months, Visa will extend the service into new regions, so that by the end of 2015 Visa Checkout will be available in the following 16 markets: the U.S., Australia, and Canada ... as well as Argentina, Brazil, Chile, China, Colombia, Hong Kong, Peru, Malaysia, Mexico, New Zealand, Singapore, South Africa and United Arab Emirates."
  • Branch Banking Remains Prevalent Despite the Growth of Online and Mobile Banking - "The study identifies four main factors that have influenced the number and distribution of banking offices over time: population growth, banking crises, legislative changes to branching laws, and technological innovation. In terms of technological change, there is little evidence that the emergence of new electronic channels for delivering banking services has substantially diminished the need for traditional branch offices where banking relationships are built."
  • FinTech Startup Azimo Shakes up Global Money Transfer Services to China - "The new service will provide Azimo’s potential 350 million European customers with the ability to send money direct to every personal bank account in China from just £/€1 for any amount sent."
  • FIS Demonstrates Caliber of Information Security with New ISO Certification - As FIS’ certification states with respect to meeting this standard: “The FIS ISMS supports the operations of strategic data centers by providing a secure and sustainable computing environment to support global financial institutions and commercial clients through the implementation of secure practices and work relationships with supporting functions.”

Glenbrook's 2015 Payments Education Schedule Now Available!

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

January 12, 2015

Headline News from PaymentsNews.com - January 12, 2015

On the Web:

  • MasterCard Reaches Deal with Russia - Wall St. Journal - "MasterCard and Russia’s national payment system agreed on Dec. 30 to gradually move the processing of the U.S. company’s transactions within Russia under the roof of its Russian counterpart, the central bank said."
  • Alibaba Pays to Play in India - Wall St. Journal - "The Indian company’s prize asset is Paytm, a mobile-payments platform, which also runs an online marketplace in India that matches merchants to shoppers, similar to Alibaba’s business model in China."
  • Level Money has joined Capital One - Level Money Blog - "Much younger and nimbler than any other top bank, Capital One is a founder-led company on a mission to transform the way banking is done. Taking a technology-based, consumer-centric focus to banking is core to what Capital One does, and on that team we found a deep passion for solving old problems in a new way."
  • PayPal Credit Expansion Now Lets Merchants Set Terms, Including Option For Interest-Free Payments - TechCrunch - "PayPal Credit is expanding its support for monthly payments with an option for retailers that allows them to decide on the number of months and interest rates that work best for their customers."
  • Why Tort Liability Won’t Produce Good Cybersecurity - Steptoe Cyberblog (Stewart Baker) - "In the end I doubt that liabilities to issuing banks will drive much cybersecurity either, not because the claims are low — they’re more likely to be in the $50 per card range — but because establishing liability will not be all that easy and because things like tokenization will likely prove much cheaper than improving security.)"
  • SWIFT appoints new Chief Technology and Chief Operations Officers - SWIFT - "SWIFT announces the appointment of Craig Young as Chief Technology Officer and Marcel Bronmans as Chief Operations Officer. Both Young and Bronmans will sit on SWIFT's Executive Committee and report directly to CEO Gottfried Leibbrandt."

On the Wires:

  • Heartland First to Offer Comprehensive Merchant Breach Warranty - "Heartland’s breach warranty is offered at no charge to its Heartland Secure™ merchants in the first year and can be extended for $8.33 per month per card-entry device. To be covered under the warranty, a merchant must have a Heartland Secure-certified device and process payments through Heartland on that device."
  • Verifone Offers Merchants a Single mPOS Payment Terminal to Support All Major Smart Device Options - “The prospect of having to purchase new mPOS devices for sales associates when smartphones and tablets are upgraded has been a major inhibitor to mPOS investment among retailers,” said Mark Shockley, senior vice president of Mobile Solutions for Verifone. “Verifone’s single, modular solution will offer the ultimate in mPOS flexibility, allowing it to persist across changes in devices, even if somebody wants to make a complete switch from one OS to another.”
  • Vantiv Certifies Verifone’s Secure Commerce Architecture - “Vantiv’s certification of SCA from Verifone combined with Point-to-Point Encryption ensures many more merchants can significantly reduce their exposure to large scale payment data breaches, and further reduce the complexity associated with EMV certification,” said Rob McMillon, vice president of Product Security for Verifone.
  • Bank of America Launches National Advertising Campaign for Preferred Rewards - “When we spoke to our clients to find out what they valued most from a rewards program, they clearly said they seek everyday rewards and benefits that they would actually use,” said David Dintenfass, Global Wealth and Investment Management and Consumer Marketing executive at Bank of America.
  • NCR Unveils a New ‘Grab and Go’ Self-Checkout Solution - "Whether in the supermarket or at a convenience, department, specialty or DIY retailer, there is a large amount of checkout traffic that can be handled with this card-only, small footprint solution,” says Dusty Lutz, general manager self-checkout solutions at NCR Retail. “This technology is ideally designed for ‘grab-and-go’ convenience for driving more revenue and convenience during peak shopping hours.”
  • FreedomPay Announces PCI-Validated Point-to-Point Encryption And EMV Support Through Newly Enhanced Microsoft Azure - “The FreedomPay Commerce Platform on Azure offers customers security, scalability and access to real-time data,” said Christopher Kronenthal, Chief Technology Officer at FreedomPay. “Microsoft has enabled FreedomPay to deploy one of the industry’s most comprehensive payment security standards and transactional data services to merchants embracing a real-time retail ecosystem.”
  • BMO Launches iPad App with Integrated Access to Banking and Self-Directed Investing - "With one streamlined login, customers can easily manage their personal banking and self-directed investing with the added benefit of a personal financial management tool," said Cesar Rainusso, Vice-President, Digital Channels, BMO Financial Group.

Glenbrook's 2015 Payments Education Schedule Now Available!

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

May 23, 2014

Headline News from PaymentsNews.com - May 23, 2014

To our readers in the United States, we hope you have a wonderful Memorial Day weekend!

On the Web:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

May 20, 2014

Headline News from PaymentsNews.com - May 20, 2014

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

May 07, 2014

Headline News from PaymentsNews.com - May 7, 2014

On the Web:

On the Wires:

  • INSIDE Secure Launches New EMV-ready MicroPass Solution for US Payment Cards - "The US EMV compliant MicroPass solution comes with six options. Three are contact only solutions and three are dual interface payment solutions (contact and contactless)."
  • Global Prepaid Executive Scott Salmon Joins i2c - Mr. Salmon comments, “i2c is redefining what's possible in prepaid, debit, credit and emerging commerce programs. The opportunities that i2c's processing technology creates for APCEMEA markets is tremendous, and I am very excited to work with the i2c team to help clients in these regions capitalize on them.”

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

May 06, 2014

Headline News from PaymentsNews.com - May 6, 2014

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

April 29, 2014

Headline News from PaymentsNews.com - April 29, 2014

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

March 27, 2014

Headline News from PaymentsNews.com - March 27, 2014

On the Web:

  • Putin warns West against curbing use of payment systems in Russia - Reuters - "President Vladimir Putin warned the West on Thursday that curbing Russians' use of payment systems based in the United States and Europe would backfire..."
  • Google’s brilliant plan to get millions to adopt its e-money system: Gmail - "While the service has been available since last summer to anyone who had a Google Wallet account or had already been sent money via Gmail, Google now seems to be starting to push it out to the broader public."
  • The Fierce Battle for the Soul of Bitcoin - Wired - "Meanwhile, some of the new entrants to the bitcoin universe—venture capitalists and entrepreneurs—have a much different vision. They see bitcoin as something more practical: a hyperefficient online transaction system like Visa, but cheaper, faster, and more flexible."
  • Wal-Mart sues Visa over interchange fees - City Wire - "The suit claims that Visa raised interchange fees by 234% between 1998 to 2006. The complaint also alleges Visa’s anticompetitive conduct generated more than $350 billion in interchange fees for the colluding issuers during the damages period ..."
  • Target, Visa Say Fraud Limited in Wake of Data Breach - Wall St. Journal - "Target Corp. said it has seen relatively little fraudulent activity on its cards following a massive data breach over the holidays..."
  • Despite Challenges, Bitcoin Technology is Here to Stay - CoinDesk - "Governments must beware of being too heavy-handed with bitcoin, he said. If not, they run the risk not only of pushing bitcoin activity into other countries, but also giving rise to more secretive technologies."

On the Wires:

  • TSYS Signs Payments Agreement with Virgin Money - Kelley Knutson, executive vice president of TSYS’ International Services segment, said, "We will help to ensure Virgin Money’s efforts to grow their cards business are successful by combining our experience in international markets with the strength of the Virgin brand."
  • Businesses Deposit $1 Billion Through Wells Fargo Mobile App - "Wells Fargo & Company – the first major U.S. bank to offer mobile services for corporate and commercial customers – today said that businesses have made more than $1 billion in mobile deposits through its CEO Mobile® Deposit service."
  • VeriFone Welcomes New Member to Board of Directors - "VeriFone Systems, Inc. today announced that Richard A. McGinn will leave the board and be replaced by long-time retail and consumer financial services veteran Jane J. Thompson, effective immediately."

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

November 15, 2013

Headline News from PaymentsNews.com - November 15, 2013

On Twitter:

On the web:

On the wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

September 26, 2013

Headline News from PaymentsNews.com - September 26, 2013

On the web:

On the wires:

  • WorldPay US Announces Purchase of Century Payments - “The acquisition of Century Payments is a vital milestone in our continued US growth strategy,” said Tony Catalfano, CEO of WorldPay US.
  • Parallax Capital Partners and StepStone Group buy IdenTrust - "IdenTrust’s experience and expertise in providing identity management for many of the world’s largest banks, its role as a major identity provider to the US Federal and State Governments, and its growing emergence as an identity solution for the corporate sector make it the perfect company for us to invest in."

Updates from Glenbrook:

  • Join us for our new series of Glenbrook Payments Boot Camps coming this October - 8th/9th in the San Francisco Bay Area and 23rd/24th in New York City!
  • Glenbrook's Allen Weinberg and Erin McCune will be at Money2020 in Las Vegas October 6-10 - please reach out to them directly to catch up in person or set up a briefing at the conference. Erin will be moderating an Invoicing, Billing & Collections panel with Bill.com CEO Rene Lacerte, Billtrust CEO Flint Lane and Billhighway Chairman Vince Thomas.
  • Glenbrook's Elizabeth McQuerry will be speaking at this year's NACHA Global Payments Forum on October 17-18 in New York City. She'll be speaking on the topic "Mobile Payments, Interoperability & Faster Funds Transfer".
  • Glenbrook's Carol Coye Benson will be speaking at this year's American Bankers Association Annual Convention on October 20-22 in New Orleans. She'll be participating in a panel discussion on The Future of the Payments Industry.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

August 12, 2013

Headline News from PaymentsNews.com - August 12, 2013

On the web:

On the wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

June 03, 2013

Headline News from PaymentsNews.com - June 3, 2013

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

May 28, 2013

Headline News - May 28, 2013

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

May 22, 2013

Headline News - May 22, 2013

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

April 30, 2013

Headline News - April 30, 2013

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

December 20, 2012

September 24, 2012

September 04, 2012

June 05, 2012

May 31, 2012

March 26, 2012

November 02, 2011

July 06, 2011

June 24, 2011

May 26, 2011

Glenbrook Adds Russia to eCommerce Market Analysis Series

Russia cover 190px

Glenbrook has expanded its series of eCommerce Market Analysis Reports with a new profile of the market in Russia.

These reports are designed to help U.S. companies better understand eCommerce markets around the world — what local acceptance practices make each unique, what payment options are necessary to reach a critical mass of online buyers, and which payment providers can assist with market entry.

This new report complement our existing analysis of the eCommerce markets in China, India, South Korea, Brazil, Mexico, Argentina, South Africa, and Poland. Let us know if you have questions or are interest in discounted, multi-report pricing.

April 27, 2011

March 31, 2011

Mobile Money Exchange - Global Deployment Tracker

Mobile money exchange logo 140pxThe Mobile Money Exchange has a great visual tool that nicely illustrates the proliferation of mobile money deployments around the world.
This tool was originally developed by the GSMA Mobile Money for the Unbanked team (covering the countries under their remit) and has been extended to include all worldwide mobile money deployments.
The global deployment tracker requires the Google Earth browser plug-in; its worth getting it if you don't already have it.

January 20, 2011

December 08, 2010

Payments News on Facebook
Glenbrook Partners

PAYMENTS NEWS IS PRODUCED BY AND IS A SERVICE MARK OF GLENBROOK PARTNERS, LLC
ISSN 1556-4487

Glenbrook's Consulting Services

  • Innovation and Strategy
  • Payments Product Development
  • Payments Market Assessments
  • Payments Vendor Selection
  • Merchant Payments Optimization
  • Payments Risk Management
  •  
  • To discuss how Glenbrook can
    help you
    , email us:

Glenbrook's Payments Education

  • Payments Boot Camps
  • Payments Essentials Webinars
  • Private Payments Workshops
  •  
  •  
  •  
  •  
  • For more information on Glenbrook's payments education, email us:

Tools for Payments Professionals

  • Glenbrook Writings
  • Payments News
  • Payments Views
  • Payments Jobs
  • Payments Education
  • Payments Bookstore
  •  
  • To send us news that you'd like us to cover on Payments News, email us:

Contacts:                        
Compilation Copyright © 2002 - 2015 Glenbrook Partners LLC. All Rights Reserved.
Terms of Use        Privacy Policy        RSS Feed        Payments News RSS Feed

Subscribe to Payments News   

Follow Payments News on Twitter for Real-Time Updates