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Sberbank pulls out of Europe as Austrian entity fails
Sberbank has announced it has been forced to pull out of the European market, after it said it faced large outflows of cash in the region as well as threats... read more
The post Sberbank pulls out of Europe as Austrian entity fails appeared first on Payments Cards & Mobile.
ECB: Sberbank European assets on brink of collapse as sanctions bite
Sberbank European subsidiaries are on the brink of collapse warns the European Central Bank as Russia’s largest bank face failure because of the impact of sanctions. Shares fell heavily at... read more
The post ECB: Sberbank European assets on brink of collapse as sanctions bite appeared first on Payments Cards & Mobile.
Cashless payments exceed cash transactions in Russia in for the first time
Sberbank has analysed cashless payments in Russia under the SberData project, its big data analytics and processing initiative. For the first time ever, over a half of products and services... more
The post Cashless payments exceed cash transactions in Russia in for the first time appeared first on Payments Cards & Mobile.
SWIFT trials instant cross-border gpi payments through TIPS
SWIFT says that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform. The European Central Bank (ECB) and... more
The post SWIFT trials instant cross-border gpi payments through TIPS appeared first on Payments Cards & Mobile.
