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Company Insights
YooMoney – Competitor Profile
YooMoney (formerly Yandex.Money) is one of the most popular alternative payment solutions in Russia. It was launched as Yandex.Money in July 2002 as a joint venture between Yandex and PayCash Group, before Yandex later became the sole owner. However, Yandex sold a 75% stake in Yandex.Money to Sberbank in July 2013. In July 2020, Sberbank acquired the remaining 25% stake in Yandex.Money to become the sole owner of the company. Following the acquisition, Yandex.Money was rebranded as YooMoney. YooMoney allows...
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Thematic Analysis
Internet of Things (IoT) in Banking – Thematic Research
Internet of Things (IoT) in banking is the convergence of a number of existing trends and technologies related to harvesting the true potential of the modern internet (including big data, artificial intelligence (AI), cloud, analytics, and APIs). It promises highly personalized, frictionless digital banking. More ‘things’ connected to the internet will help banks anticipate what customers want, when, and where, delivering highly personalized content and functionality optimized for brief moments of interaction.
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Thematic Analysis
Adapting to Ultra-Low Interest Rates – Thematic Research
This report offers an in-depth analysis of the financial services strategies of retail banks adapting to the ultra-low interest rate environment. We look at their strategy to diversify their streams of revenue as well as move into new business areas and analyze how well they will adapt to macroeconomic challenges that are affecting the entire industry.
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Track & Monitor
Smart Money Investing in the Financial Services Industry Q1 2020
GlobalData’s Smart Money Investing in the Financial Services Industry Q1 2020 report provides detailed analysis of investment activities in financial services industry globally during the first quarter of 2020. The report provides comprehensive coverage of investment activities including mergers, acquisitions, asset transactions, venture financing and private equity, both in terms of deal value and volume. It also provides a global snapshot of investment trends in sectors including banking, payments, insurance and wealth management, and information on best practices followed by...
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Company Insights
Competitor Profile: Yandex.Money
Yandex.Money is one of the most popular payment solutions in Russia. It was launched in July 2002 as a joint venture between Yandex and PayCash Group, before Yandex later became the sole owner. However, Yandex sold a 75% stake in Yandex.Money to Sberbank in July 2013 and is now a minority stakeholder. Yandex.Money allows users to make both online and offline payments as well as peer-to-peer (P2P) fund transfers. It offers online checkout through Yandex.Checkout, allowing online merchants to accept...
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Analyst Opinions
Alternative Payment Solution: Yandex.Money
Yandex.Money is one of the most popular payment solutions in Russia. It was launched in July 2002, as a joint venture between Yandex and PayCash Group, before Yandex later became the sole owner. In July 2013, however, Yandex sold a 75% stake in Yandex.Money to Sberbank, and is now a minority stakeholder in the joint venture. Yandex.Money allows users to make both online and offline payments, as well as P2P fund transfers. It offers online checkout through Yandex.Checkout, allowing online...
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Sector Analysis
Payments Landscape in Russia: Opportunities and Risks to 2022
GlobalData’s "Payments Landscape in Russia: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Russian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debits, cash, and cards during the review-period (2014-18e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the...
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Sector Analysis
Payments in Russia 2017: What Consumers Want
"Payments in Russia 2017: What Consumers Want", report examines the consumer payments market in Russia, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. The report also examines the main regulatory players overseeing the market. Although cash plays a dominant role, accounting for 52.1% of total transaction volume in 2017, the Russian payment card market is gradually shifting towards electronic payments, as it grew substantially in terms of both transaction volume and...
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Sector Analysis
Payments Landscape in Russia: Opportunities and Risks to 2021
GlobalData’s "Payments Landscape in Russia: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the Russian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debit, cash, and payment cards during the review-period (2013-17e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during...
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Sector Analysis
The Cards and Payments Industry in Russia: Emerging trends and opportunities to 2020
GlobalData’s "The Cards and Payments Industry in Russia: Emerging trends and opportunities to 2020" report provides detailed analysis of market trends in the Russian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, payment cards, cash, direct debits, and cheques during the review-period (2012-16e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation,...