ABOUT REMA Consulting

REMA Consulting

REMA Consulting is a consulting division of the Russian Electronic Money and Remittance Association, one of the oldest payment industry associations in Russia.

For more than 10 years, we have been working with leading innovative financial companies and regulators to help build business models and regulatory approaches to develop fintech. Our experts also conduct trainings for the private and public sector and conduct basic researches of the latest payment and regulatory technologies.

Our core competences are:

  • Regulation of the e-money market (banking, non-banking, and including mobile network operator’s involvement);

  • Innovative regulatory approaches (regulatory sandbox, no-objection letters);

  • Banking and non-banking payment regulation;

  • Evolution of the e-money market;

  • Internet and mobile banking, agency banking;

  • Risk-based approaches in AML/CFT;

  • Customer identification, including innovations in identification (biometric, identification through trusted parties, verification through third-party databases, etc.);

  • Virtual assets, distributed ledgers;

  • Open banking, Open API in the financial sector

  • Standardization, new customer identifiers, automated comparison of services, increasing competition in the financial market;

  • Theory and practice of European regulation (Second Payment Directive, Directive on payment accounts);

  • Mathematical models for the analysis of the payment systems market.


Our experts


Victor Dostov



Pavel Shust


Victor is one of the leading experts in the electronic payments. He is one of the co-founders of the PayCash Group, the first Russian fintech provider, has launched projects such as mobile commerce Beeline and Yandex.Money. Currently, he consults regulators and financial organizations on payments, as well as develops models that allow predicting the development of payment systems. PhD in Physics and Mathematics.

Pavel is an expert on modern regulatory approaches in the payment sector. With his support, the first "regulatory sandbox" was created in Central Asian countries and new methods of remote customer identification were introduced. Pavel is also a consultant to the International Finance Corporation (World Bank Group). PhD in Political Science.

Анна Леонова_цв.png

Anna Leonova


Anna prepares analytical materials, Association’s reports, and translations of international organizations’ research and foreign regulations. Anna is also responsible for liaising with our partners and customers.

Consulting, trainings, speaking at specialized events - just contact us