Relations with the Federal Tax Service (FTS) is one of the most complex aspects of doing business in Russia. Entrepreneurs …
Expert explains growth in personal loans
The share of loans Russians took out to cover their unforeseen immediate expenses surged to 19.9% of all loans approved …
Banks and digital transformation: priority areas
According to the results of the FG Finam study, the digital transformation of business and the state facing protracted pandemic …
Financial consultant explains growth of micro lending
In the fourth quarter of 2021, Russians took advantage of 11.2 million microloans worth a record RUR 150.9 bln ($2 …
Banks will tighten control over client money transfers
Russian banks have until the end of November to strengthen control over their clients’ transactions. The requirement is part of …
US sanctions can hit Russian bank clients
Possible US sanctions against Russian banks could restrict foreign exchange and the issuance of Visa and Mastercard cards, RBC reported …
Where is digital remittance market going?
Unistream has summed up the economic results of 2021 for the money transfer market. The company, one of the largest …
2022 to be year of financial marketplaces
Just like in chemistry there are reactive chemicals that can accelerate or slow down a reaction, there are events in …
Data storage in financial sector: New trends
A considerable amount of information technology expenses go for data storage and analysis, which is necessary for ensuring high standards …
Fintech in Russia and the West: Similarities and differences
The term fintech — financial technology — appeared in the 1950s with the introduction of credit cards. A lot has …