FinTech

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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. …

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), …

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 …

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 …

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 …

Sberbank has been one of the first financial service providers to embrace the use of social media listening (SML) to solve the problems of classical research. Here are 5 ways …

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, …

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 …

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 …

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 …

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 …

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% …