Payment service provider Klarna takes back fees

Klarna The Swedish payment service provider Klarna is adapting payment methods in favor of consumers. Industry observers believe that Klarna anticipates possible regulation. (Foto: mauritius images / Robert Evans / Alamy) Frankfurt While banks usually constantly increase fees, Klarna is becoming more generous with its conditions. At the beginning of the week, the Swedish fintech announced … Read more

Battles for Mariupol – Russian troops continue to advance towards Kyiv

New York, Düsseldorf During the night of Sunday, fighting in Ukraine, which was attacked by Russia, concentrated on the southern Ukrainian port of Mariupol and the area around the capital Kyiv. Mariupol, besieged by Russian troops, reported dramatic conditions after a failed ceasefire. In addition, the Russian army continued to advance towards Kyiv and other … Read more

Visa and MasterCard suspended from service in Russia

Visa and MasterCard companies suspend all services in Russia in the wake of the 11th day of the Russian occupation of Ukraine. Visa and MasterCard will not be available in Russia until further notice. They also said that Visa and MasterCard issued by Russian banks would not allow transactions outside of Russia. The companies added … Read more

World’s largest credit card issuers suspend business in Russia

Visa and Mastercard credit cards Because of the Russian invasion of Ukraine, the two credit card providers are suspending their business in Russia. (Photo: dpa) Washington Because of the Russian invasion of Ukraine, the world’s two largest credit card providers, Visa and Mastercard, are suspending their business in Russia. Visa will work with customers and … Read more

EU tightens sanctions against Russia’s financial system – but not completely

Demonstration in London Broad wave of solidarity. (Foto: imago images/ZUMA Wire) Düsseldorf, New York, Brussels, Berlin, Frankfurt The EU, US and other Western allies further isolated Russia’s financial system over the weekend. First, they want to freeze the assets of the Russian central bank. On the other hand, the country’s most important credit institutions are to … Read more