The National Bank of the Kyrgyz Republic (NBKR) is insisting that the laws and regulations of Kyrgyzstan prohibit mobile operators from allowing customers to use their mobile balances to pay …

Liberty Bank has added the ‘My Concierge’ service, which allows users to receive SMS notifications about debts owed and make automatic monthly payments to selected service providers. The new service …

The ‘Electronic and Digital Financial Services’ project is being launched by the International Finance Corporation (IFC) to boost financial inclusion in Azerbaijan by improving access to digital financial services for …

Sberbank is developing a model of a digital office that will allow clients to use the bank’s mobile application and other alternative channels to communicate with the bank. As a …

The microcredit deposit organization Humo has launched its mobile application, Humo Online. The service provides access to bank accounts, transfers and payments as well as allows for the monitoring of …

Customers of Anelik Bank can now use the Idram payment service to make payments on their loans at any time of the day. This can be done via the website …

Andrew Trion-Hill, an expert on electronic money who arrived in Georgia in 2007 to develop an electronic  money system, is predicting that Georgia has a great future with cryptocurrencies. Mr. …

Ardshinbank has become the first in Armenia to begin issuing the ArCa-MIR chip payment cards, which are  serviced in both Armenia and Russia. The main purpose the joint cards is …

In May 2017, the Central Bank of Armenia announced that it would put into circulation new composite banknotes that offer a higher degree of security and are of a better …

VTB Bank Armenia, which has the largest branch network in Armenia, has become one of the first banks in the country to make use of the EarlyOne remote queue management …

Ushba.io is a new Georgian platform for cryptocurrency trading. The platform enables people to exchange cryptocurrency and contact each other through a mediator (peer-to-peer trading). At the same time, consumers …

The government of Azerbaijan has completed the integration of an e-mortgage system, the Azerbaijani Mortgage Fund (AMF), into its e-government portal. This means that, as of August 1, 2017, it …

Azerbaijan’s Cabinet of Ministers has amended the Instruction on the Rules of Notary Movements to allow negative credit histories of citizens to be published on an e-government portal. Detailed information …

Ashot Osipyan, CEO of Araratbank, announced his bank’s NewBank strategic development program which will transform the bank into a classic, digital and investment bank. Within the classic commercial bank structure …

The Central Bank of Armenia has included MIR, the national payment card system of Russia, in its register of active payment and settlement systems. The move is part of a …

Five months after the introduction of fairly strict government regulations, the volume of loans issued by some online lending companies has significantly decreased, along with the number of people they …

Silk Way Bank in Azerbaijan has launched a new mobile app called TaxFree4U. The app facilitates the process of refunding VAT after travelling to European countries, specifically Italy, Spain, France, …

In order to save clients time, VTB bank is launching a convenient online service for clients to book a time slot before coming to the bank. A client only needs …

TBC Bank in Georgia has announced the launch of brand new innovative products and services for corporate clients. Corporate clients will have the chance to register and open accounts remotely, …

Terabank has made its mobile application accessible to clients without the use of internet traffic, meaning that clients can access their banking information even if their mobile data has expired. …