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Russia’s MIR payment network expands into Tajikistan
The acceptance of MIR National Payment System cards has been announced in Tajikistan, opening up access to Russians who live in, or travel to, the country. Other countries where MIR... more
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RS2’s new direct acquiring business launches in Latin America with MOViiRED
RS2 Group has entered into a partnership agreement with MOViiRED Colombia. As part of this partnership, RS2 will launch its new direct acquiring business for the first time anywhere in... more
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$8.14 billion of AML fines handed out in 2019 – USA and UK top the list
Since 2015, annual AML (Anti Money Laundering) penalty figures have been steadily rising each year. Multi-million dollar fines have been commonplace for a while, but we are now seeing more... more
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MyBank transaction volume exceed €15 billion
MyBank, the pan-European payment platform that allows users to pay online via immediate bank transfer through their internet banking, closed out a record year reaching more than €15 billion in... more
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9 trends reshaping banking in 2020: #3 Automation alive and well
The outlook for automation in 2020 and beyond remains strong, amid continuing pressure on margins. And RPA is one technology that most banks have deployed successfully. Some progressive banks are... more
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