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Tag Archives: Data

Digitizing Russia’s data for better public services

Despite the advances brought by digitalization and the wide availability of public services in electronic formats, Russians are still forced to make in-person visits and deal with physical documents stored in dozens of different places to do a number of, what should be, fairly mundane and routine tasks. Not only …

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Russian banks to send biometric data to centralized database

Russia’s Central Bank and Rostelecom plan on using biometric data collected by financial institutions to fill out the Unified Biometric System (EBS). EBS, designed to facilitate the delivery of banking services remotely, was launched over a year ago for all financial institutions to add to and benefit from; however, only …

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Kyrgyzstan launching open data era

Kyrgyzstan has begun the process of opening their data, with the State Communications Committee working to create a portal that will give citizens access to up-to-date information from government agencies, including the Ministries of Education, Economy, Justice and Finance as well as the Tax Service, the National Statistical Committee, the …

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Kazakhstan to create Personal Data Agency

The government of Kazakhstan is planning to create the Personal Data Agency under the Security Committee of the Ministry of Digital Development. This new agency will be responsible for coordinating and improving the storage and security of personal data. This includes work to prevent and respond to personal data leaks. …

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Russia debates the personal nature of Big Data

Amendments to Russia’s Law on Information, Information Technologies and Information Protection are currently being discussed and could have major implications for how Big Data is used in the country. The discussion centers around whether Big Data (which does not contain personal data per say but could potentially be further processed …

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Biometric identification still far off for Kazakhstan’s financial sector

In Kazakhstan, biometrics as an identification tool is still a far-away dream. Currently, the existing state database of citizens is being used for biometrics in the country. Although 11 financial institutions have connected the database, only 3 are actively testing the system’s biometric identification capabilities. And even within those 3 …

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Russia’s Central Bank outlines information security strategy

Russia’s Central Bank has published its Main Directions for the Development of Information Security in the Credit and Financial Sphere for 2019–2021. The document outlines a plan to combat cyber threats, including proposed regulations regarding the use of Big Data, artificial intelligence, robotics and the internet of things in the …

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Balancing data privacy rights

Data is quickly becoming a point of contention between companies working to collect, process and secure it and governments seeking to force companies to provide them the data they possess. The debate between the two sides revolves around an age-old debate: freedom vs. security. While governments argue that they should …

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Ethics in Big Data is becoming a big deal in Russia

Participants in Russia’s emerging Big Data market, including the Internet Development Institute (IRI) and the Big Data Association (ABD) (which includes Yandex, the Mail.ru Group, Sberbank, Gazprombank, MegaFon and Rostelecom), have developed a self-regulatory ethics code that, in their opinion, will allow the industry to move forward and avoid any …

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European Commission launches antitrust investigation against Amazon

The European Commission has launched an antitrust investigation against Amazon that could result in USD 23 billion in fines. The investigation stems from the fact that Amazon is itself a seller and also serves as a platform for others to sell. Authorities are concerned that Amazon collects information on the …

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Where to find Big Data in Russia

The data market is starting to come to greater prominence around the world. Perhaps nowhere is this truer than in Russia, where the data market is still largely in its infancy. In fact, the government of Russia is still trying to figure out rules for balancing data use and privacy …

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How Alfa Bank is turning Big Data into big profits

Understanding the importance of Big Data and other digital technologies in the modern world, Alfa Bank has developed a strong digital strategy and become a leader in Big Data. To accomplish its digital- and data-related goals, Alfa Bank created its own data management and monetization center. The center, whose primary …

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Big Data training in Kyrgyzstan

Big Data, as a concept, has been around for more than 10 years and involves the work of various types of specialists, including IT specialists, programmers, mathematicians, data visualization specialists, data engineers, data analysts and more. In Kyrgyzstan, the training for such specialists is rather limited, even at specialized IT …

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Going digital increases financial service accessibility

One of the most pressing issues for financial institutions in Russia is how to make financial services available to those living in small towns and remote settlements. For much of history, financial institutions had to make efforts to develop physical infrastructure to reach these consumers; however, such investments were typically …

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QIWI Group launches Big Data analytics platform

QIWI Group has created its own platform for solving problems related to in-depth analytics and data monetization. QIWI Data is the result of more than 5 years of research into Big Data and offers the group of companies the ability to process data faster as well as increase data security. …

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Datathon organized to connect Belarusian companies with startups

Imaguru Startup Hub organized a Datathon to help Belarusian companies understand the importance of Big Data as well as connect them with startups that can help them achieve truly effective and innovative Big Data solutions. During the Datathon, teams were presented with tasks to be solved using Big Data solutions. …

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The state of Big Data in Armenia

Big Data is one of the biggest buzz words in the tech world right now. In Armenia, however, most companies have yet to adopt Big Data technologies. In fact, experts estimate that the level of Big Data tech and use in Armenia is on par with the world average 4–5 …

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Big Data’s big budgets

A recent survey has shown that more than half (55.4%) of Russian companies have a dedicated budget for implementing Big Data analytic solutions. These budgets account from anywhere between 5–10% (and sometimes more) of a company’s annual budget and can amount to as much as RUB 10 million. Moreover, some …

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Infographic: data and data science

Explore the ins and outs of data and data science at a glance in this enlightening infographic. Balancing data privacy rights Why data analytics goes beyond just more data Video: innovations in the B2B payment environment

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