Seamless concludes deal with Russian bank
Seamless (OMX:SEAM) has signed an agreement with one of Russia’s largest regional banks – Ural Bank for Reconstruction and Development (UBRD) – to launch the mobile payment service SEQR in the Russian market.The Yekaterinburg-based Ural Bank is one of Russia’s five largest regional banks and operates mainly in the Sverdlovsk region. The bank has 33,000 business and 730,000 private customers, and 486 branches in total. Part of bank's strategies for the coming two years is to double its active customers and to position the bank as a reliable financial institution with modern high quality