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RUSSIA AFRICA

Russia's BPC group aims to tighten its grip on African banks' e-money systems

As mobile payment continues to develop rapidly in Africa, one of the groups best positioned to take advantage of the boom is a little known company operating out of Switzerland, Dubai and Russia. BPC Banking Technologies is one of the pearls of Russian technology like anti-virus producer Kaspersky and, although it is officially private, it has the backing of Russia's leading state-owned bank. [...] (1219 words)
Issue dated 14/12/2020 Reading time 5 minutes

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