Russian Agricultural Bank presented a number of new services at the forum of innovative financial technologies that took plsce in Sochi. They state that all their efforts are being used towards increasing availability of financial services. For instance, a mobile platform that allows the client to use the service from a distance and introduction of biometry. Also, as an alternative to bank cards, a payment ring has been created. In looks, it seems to be a general piece of jewelry, but contains a chip-module that turns the ring into a payment card. Linking to a bank account isn’t necessary to set up for a bank. Everything goes via the application, a representative will arrive and do the necessary operations.
Deputy Chairman of the Board, Ekaterina Romankova, stated that this is the implementation of new technology, because the technologies are already clear, these are payment services, but the presentation format itself is very curious, we believe that they can be used as souvenirs and will give a more human face to a classic bank card.