Visa has awarded Alfa-Bank Kazakhstan for the successful launch of the Beeline card, a unique product for the domestic e-commerce market that was launched with Beeline Kazakhstan and the fintech …

The National Bank of Kyrgyzstan has submitted a draft of amendments and additions for public discussion which would ban the replenishment of electronic wallets from mobile phone balances. The move …

New technologies help expand financial inclusion, but their uptake requires several careful considerations. Pilot projects supported by the Asian Development Bank (ADB) at Finca Bank Georgia and at Cantilan Bank …

As a future with artificial intelligence both excites and causes concerns around the world, the adoption of artificial intelligence technology in Georgia remains relatively low, and Georgian authorities are being …

In today’s world, it is not uncommon for bank employees to engage in money laundering, market manipulation and even terrorist financing. To help financial institutions avoid such incidents, Kyrgyz native …

The usefulness of Big Data and how this type of analytics can be deployed in financial institutions is only starting to be understood in Kazakhstan. Specifically, there are a number …

The Azerbaijani business sector is exploring the use of BotBox Artificial Intelligence. Currently, the artificial intelligence service is being tested in the public sphere by an insurance company and a …

With cryptocurrencies increasing in popularity throughout the world, Kyrgyzstan has also started to think about how it will interact with them, both from an official (government-level) sense as well as …

The Central Bank of Uzbekistan (CBU) has released a special statement calling virtual money an instrument for financing terrorism. The special statement also declared that there was no plan for …

Digital currency is gaining in popularity in Georgia, and the country even hosts two facilities of the world’s largest bitcoin-mining company. There are also an increasing number Georgian entrepreneurs mining …

As blockchain technologies being to enter Kazakhstan in the financial sector, so do ideas for how to implement these tools in other spheres. In the future, it is likely that …

Kazakhstan may become the first of all Common Economic Space countries to introduce its own cryptocurrency, which will likely become a digital analogue of the Kazakhstani tenge (KZT). It is …

Maryam Tagiyeva, the chief system architect of the British Research Center for Citizenship, Enterprise and Governance (CCEG), believes that Azerbaijan is in a position to become the world leader in …

The conclusions of a World Bank report on the development of digital technologies in Central Asia are disappointing. Experts found that expensive and difficult access to the internet has become …

ICTForum 2017, held in Uzbekistan, allowed participants to come together to discuss online banking, payment systems, payment through social networks, cloud solutions for banks, blockchain and other related topics. The …

TBC Bank is offering its clients a chance to win prizes from a raffle they will be conducting on December 31, 2017. Clients will receive credit for each internet or …

In an increasingly digital world, people are expecting more from the technologies they use every day, and customers are increasingly becoming “hybrid”, i.e. using both online and offline solutions. As …

For many Georgians, banking just became a little easier via ebanking.ge. The site, operated by Terabank, has been redesigned with a new interface and system that now allows users to …

The Ministry of Transport, Communication and High Technologies of Azerbaijan is negotiating the mutual recognition of signatures with Iran, Qatar, Turkey and Ukraine. Azerbaijan has also signed an agreement with …

Between January and August of this year, cashless payments amounting to AZN 696 million were carried out in Azerbaijan via POS terminals. This represents a 33% increase (AZN 173 million) …