Sun.Mar 06, 2022

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Russians can still use Visa and Mastercard for domestic purchases, authorities say

TheGuardian

Impact of US card giants’ move diluted after local Mir payment system clarifies ban only affects foreign payments Consumers will still be able to use Mastercard and Visa-branded cards for domestic purchases in Russia, the country’s state-backed payments network has said, reducing the impact of the US firms’ decision to pull services over the invasion of Ukraine.

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KoronaPay partners with Clear Junction

The Paypers

EU-based online money transfer service KoronaPay has partnered with global payments solution provider, Clear Junction , to provide its users with additional international remittance options.

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American Express, PayPal join payments industry boycott of Russia

American Banker

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American Express halts services in Russia and Belarus

The Paypers

Credit card company American Express has announced that globally issued Amex cards will no longer work in Russia, and cards issued in Russia will not work outside the country.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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Staying in the game: A small bank's bid to go digital

American Banker