People are increasingly using QR codes, e-wallets, biometric data, and other services for cashless and cardless payments, according to recent statistics from the Bank of Russia.
The Bank of Russia has issued a recommendation for banks to thoroughly evaluate the risks when lending to developers, especially in cases where a significant portion of housing is sold through instalment plans.
Michael E. Horowitz has been appointed as the Inspector General for the Federal Reserve Board's Office of Inspector General (OIG), effective June 30, 2025.
The All Russia Association of the Blind, which supports over 185,000 individuals in overcoming challenges and protecting their rights, is being commemorated with a new coin issued by the Bank of Russia.
Speaking after the decision to maintain the policy interest rate at 2.75%, Deputy Governor Sharon Kozicki of the Bank of Canada emphasized the importance of using diverse data sources and engaging with Canadians to make informed economic decisions.