WorldRemit brings instant money transfers to CIS markets

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 […]

Attic Lab unveils open source blockchain platform

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

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 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.