Nine news stories.
• Should Central Bank of Russia be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should Central Bank of Russia be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
Moscow Metro is to pilot the use of Russia’s digital ruble for fare payments as part of the Central Bank of Russia’s real-world testing programme for the central bank digital currency (CBDC)... More
Russia could start testing the use of the digital ruble in real-world transactions as early as this month following the adoption of a law that ratifies the issuance and use of the central bank digital currency (CBDC) using a platform operated by the Central Bank of Russia... More
The National Bank of Ukraine (NBU) has called on Visa and Mastercard to stop servicing payments cards issued by Russian banks following the Russian invasion of Ukraine... More
The 12 Russian banks taking part in the first phase of the Central Bank of Russia’s digital ruble pilot scheme have started or are ready to start trialling the central bank digital currency (CBDC) across a range of payment types... More
The Central Bank of Russia will build a prototype central bank digital currency (CBDC) by December 2021 using a two-tier structural model unveiled by bank representatives at a press conference... More
Russian mobile network operators Beeline and MegaFon are looking to develop digital wallets for smartphones and other mobile devices that will support the central bank digital currency (CBDC) which is being developed by The Central Bank of Russia (CBR)... More
The Central Bank of Russia (CBR) has begun a public consultation on the launch of a central bank digital currency (CBDC) that would allow citizens to use “mobile devices and other media” to make payments using a digital ruble... More
Russia’s multi-bank remote customer identification facility, which has been in beta testing since early 2018, has launched with Know Your Customer (KYC) enrolment points now working at more than 400 banks in 140 cities... More
Tinkoff Bank takes part in demonstrating a beta version of the Unified Biometrics System (UBS) — Tinkoff Bank — “Rostelecom, together with Tinkoff Bank, VTB Bank and Pochta Bank, has presented a beta version of its Unified Biometrics System (UBS), a digital platform developed at the request of the Ministry of Communications and Mass Media and the Bank of Russia. The beta version features all the key components to deliver basic human identification functionality and is ready to be integrated into the banks’ information systems… The commercial launch of the Unified Biometrics System is slated for 1 July 2018.”