VTB

"Multibank" is built on the basis of open banking standards of the Bank of Russia.

The presentation of the new device and payment scenario took place at Finopolis-2025.

VTB presented a new POS terminal for stores, restaurants, hotels and the service sector at FINOPOLIS-2025. The Russian-made device is compatible with domestic payment technologies, including support for biometric authentication.

VTB has launched a series of AI algorithms to help clients increase their capital. This was announced at the Data Fusion conference by Maxim Konovalikhin, Senior Vice President, Head of Data Analysis and Modeling Department of VTB Bank.

March 5, 2025 - VTB has recorded a rapid increase in settlements between small and medium-sized businesses (SMEs) and self-employed individuals: in 2024, the amount of purchases of goods and services from self-employed clients of the bank exceeded 7.3 billion rubles, which is 4.3 times more than in 2023. The number of transfers in the VTB self-employed payment service also increased 4 times, exceeding 100 thousand transactions.

VTB Bank has completed the implementation of a new procurement management system based on a domestic technological solution. This project marks a stage in the digital transformation of the bank's procurement processes, ensuring complete import independence and increased operational efficiency.

At the Ural Forum "Cybersecurity in Finance," VTB Senior Vice President Sergey Bezbogov outlined the main challenges facing market participants on the threshold of the open banking era. According to him, to successfully implement the concept of open APIs, it is necessary to address a number of issues related to security, regulation, and user awareness.

VTB Bank has completed a large-scale project to replace the system for collecting, storing, and visualizing metadata with a domestic solution. The new solution, based on Open Metadata (OMD), allows bank employees to quickly find the necessary information, analyze the impact of changes, and improve data quality.

The eXit conference team, in partnership with the VTB Accelerator, has released a report on 100 promising technology companies in the Russian market. It is based on more than 100 applications from companies from Russia and the CIS countries at the pre-seed to scale-up stages of development, which were collected by the organizers. All solutions have high potential for innovation and rapid growth.

As part of its import substitution policy, VTB is switching to using domestic printers. The first devices - from the Russian office equipment manufacturer Katyusha Group - are already in use at VTB. The first printers from a domestic manufacturer have already been installed at VTB points for issuing bank cards to foreign citizens at the BRICS 2024 international financial and economic forum, which is taking place on October 22-24 in Kazan.

VTB is one of the first Russian banks to launch biometric payment capabilities for its clients who are bank account holders and users of the Faster Payments System. The project was implemented jointly with the National Payment Card System (NPCS) and the Center for Biometric Technologies (CBT), the operator of the Unified Biometric System.

In the personal account of the self-employed in VTB Online, it is now possible to issue an invoice to a client for a non-cash payment. The service allows you to draw up a document in a few clicks and immediately send it to the customer.

VTB Bank has decided to abandon the American Citrix development in favor of its own VTB.Cloud virtualization platform and a system for creating and managing virtual desktops from the Russian developer Basis. The transfer of most of the bank's employees to domestic developments should be completed by the end of 2024.

VTB Bank is implementing a Russian backup system (BRS) for the first time, which should eventually replace the foreign solutions used by the bank. Such systems are key in the IT infrastructure of any bank. They are used in all major elements, including user applications, ensuring data integrity and the continuity of IT systems. It is expected that by the third quarter of 2024, the share of Russian BRS software in the bank will be at least 80%.

Sber Private Banking clients will now be able to invest more efficiently thanks to up-to-date analytics from the Bank of Russia's press releases. They will be assisted by a tracker on the SBERMPCI monetary policy cycle index, created on the basis of artificial intelligence.