Consumers choose to use digital services for one main reason – it solves an issue. In Kazakhstan, however, the adoption of digital services has been somewhat lower than in other …
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The state of FinTechs in Ukraine
FinTech is a booming industry in Ukraine, with more than 100 such companies operating in the country today (58% of which were founded in the last 3 years). Because of …
Read More »Reform efforts driving Uzbekistan’s financial sector development
In recent years, the banking sector of Uzbekistan has been undergoing a number of reform efforts aimed at improving the availability and quality of financial services, something important for sustained …
Read More »Cybersecurity as a service – a new global trend
Cybersecurity as a service is part of a wider global trend toward the sharing economy model, in which consumers pay for a service over time as opposed to buy a …
Read More »Kazakhstani police launch investigation into data leak
Kazakhstani police are investigating the leak of the personal data of Kazakhstani citizens. Earlier this year, it was discovered that an online database containing the personal data of about 11 …
Read More »Russia’s Big Data Association to create Big Data sandbox
The Big Data Association has announced its intention to create a sandbox for working with the anonymized personal data of association customers, including data on purchases, payment types and mobile-related …
Read More »New Uzbek law defines fines, prison time for manipulating personal data
Amendments and additions to Uzbekistan’s criminal code and administrative responsibility code governing the use of personal data have been signed into law. The updated legislation outlines a schedule of fines …
Read More »Big Data in Kazakhstan: press review
Big Data technologies are gradually entering the Kazakh market. Large companies use solutions based on them, schools of big data analysts open, state projects on digitalization are launched. A lot …
Read More »Big Data in Uzbekistan: government initiatives
Government is the main initiator of Big Data activities in Uzbekistan. Here are the main ones this year. The first BI analysts school in UZ The first school of …
Read More »How the largest Ukrainian bank process Big Data
PrivatBank is the largest bank in Ukraine. It serves more than 19 million customers. Here’s everything you need to know how the bank processes customer data. Data sources The …
Read More »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 …
Read More »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 …
Read More »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, …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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), …
Read More »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 …
Read More »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 …
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