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Europe blocks payment to Russian investors

Russia’s National Settlement Depository (NSD) said on Friday that Clearstream clearing house, which processes payments for many of the country’s corporate and sovereign bonds, has blocked its account. This means that Russian holders of European stocks and bonds cannot receive dividends on their investments through Clearstream. According to Interfax, the …

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Apple to turn iPhones into payment terminals – media

Apple is working on a new feature that will allow businesses to accept payments on their iPhones without extra hardware, Bloomberg reported on Thursday, citing sources.  Small businesses, like cafes or flower shops, that don’t use traditional payment terminals but use their Apple smartphones as such, currently require external hardware …

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Apple loses appeal in Epic battle against payment monopoly

Judge Yvonne Gonzalez Rogers of the Ninth Circuit Court of Appeals shut down the company’s petition for a stay on an earlier order on Tuesday, saying Apple’s rules for payments on its App Store amounted to “incipient antitrust conduct,” also accusing it of “supercompetitive commission rates resulting in extraordinarily high …

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Russia may be cut off from SWIFT banking payment system as part of West’s ‘spiral of sanctions,’ warns country’s foreign ministry

“It’s no secret that there are threats, primarily from the United States, to disconnect Russia from the SWIFT system,” said Dmitry Birichevsky, director of the Economic Cooperation Department of the Russian Foreign Ministry. Speaking on RIA Novosti on Monday, the diplomat noted that Russia has concerns that SWIFT could get …

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