A center for combating cybercrimes, telephone spam and phishing will be created in Russia as part of a government program for the digital economy, the TASS news agency reported earlier this week, citing Minister of Digital Development, Communications and Mass Media Maksut Shadayev. In an attempt to exclude even the smallest external risks of disruption, the ministry …
5G testing has already begun in Moscow. A dedicated demo center has just been launched in the Smart City pavilion at VDNH — a permanent exhibition center — for testing and supporting urban services based on this technology. These tests concern essentially the transport industry, medicine, urban safety and education. The city authorities have partnered with …
Moscow city teams up with domestic and foreign suppliers to test 5G Read More
On Tuesday the Bank of Russia released a consultation paper on the development of the digital Russian ruble, confirming plans aired previously. Dubbed ‘central bank digital currency,’ or CBDC, the digital ruble could become an additional form of money alongside cash and non-cash. “All three forms of the Russian ruble will be absolutely equal: 1 ruble in …
Russia’s central bank considers launching digital ruble Read More
Alibaba Group is preparing to launch in Russia its cloud platform, ‘Alibaba Cloud,’ reports Kommersant. According to the business daily’s sources, Alibaba has occupied more than half of the capacity in the IXcellerate data center, which can accommodate about 1,500 racks. According to another source, Alibaba needs the platform to support its growing businesses in …
According to BCG report Global Payments 2020: Fast Forward into the Future, Russia is among the five world leaders in terms of speed for the transition to non-cash payments during the Covid-19 pandemic. Analysts calculated the net change in consumer cash payments, based on the proportion of consumers who used cash more frequently during the …
Russia among top 5 countries for transition to cashless payments during pandemic Read More
Lanit-Integration (part of the Lanit group) and Intel have developed and implemented a system for remote coordination and protection of medical workers in 39 clinics across Russia (as of August 2020). The technology — initially intended for industrial purposes — is based on ergonomic ‘smart glasses’ equipped with a video camera and a compact screen. …
Intel-backed telemedicine service protects Russian medical workers from Covid-19 Read More
The Skolkovo Foundation and VR_Bank have evaluated the digitalization level of the top 50 Russian banks in the first half of 2020. Tinkoff Bank – which has just agreed an acquisition deal with Yandex – became the leader and moved up one place compared to 2019. It is followed by state-controlled bank VTB, which moved …
Tinkoff, VTB and Sberbank top Russian bank digitalization ranking Read More
Several ministries of the Russian Federation, including The Ministry of Finance, the Ministry of Transport, the Ministry of Natural Resources, the Ministry of Economic Development, as well as the Federal Agency for Maritime and River Transport (Rosmorrechflot) supported the draft government decree on conducting an experiment on the operation of self-driving vessels. According to the …
Russia to launch self-driving tram and vessel experiments Read More
According to an announcement by Mail.ru Group on the London Stock Exchange, the Internet company plans to raise $600 million: $200 million in global depositary receipts (GDRs) to raise capital and $400 million in convertible bonds. Mail.ru Group will use this money to develop and support the business and finance future transactions, especially in areas that have …
Mail.ru Group plans to raise $600 million on London Stock Exchange Read More
Yandex presented new AI services DataSphere and SpeechKit Pro during the Yandex Scale conference , which runs from September 23 to 25. DataSphere presents itself as “a service for ML development that combines the most popular tools and scalable resources for the full cycle of machine learning: from an experiment to the launch of a finished model.” It includes both a development environment and computing …
Yandex launches new AI-powered professional services Read More
