Uzbekistan

Mastercard has released a comprehensive analysis of Uzbekistan’s fintech market, highlighting the main observed trends as well as identifying key opportunities and challenges. Here is an overview of what was …

The Fintech, Banks & Retail. Digital Transformation PLUS-Forum will be held in Tashkent June 21–22, 2023. The forum will bring together companies and organizations interested in learning more about and …

Uzbekistan’s technology sector has been experiencing a boom in 2022, with thousands of IT specialists and major technology companies relocating to Tashkent. Moreover, fintech services in the country are becoming …

Experts from Business & Finance Consulting GmbH (BFC), with support from the Central Bank of Uzbekistan, recently presented the results of the first-ever independent sales & service quality audit (SSQA) …

Speaking at the 2nd international PLUS forum (entitled FinTech without Borders: Digital Asia), Shukhrat Fayzullaev, deputy director of the Payment Systems Department of the Central Bank of Uzbekistan (CBU), spoke …

Central Asia has enormous FinTech potential as access to mobile communication devices and the internet continue to increase, especially with the rising popularity of digital payments, better government support initiatives …

Sergey Gimadiev, the deputy chairman of Kapitalbank and head of the digital branch of Apelsin, recently sat down to discuss how the events of 2020 will shape how financial institutions …

At the outset of the COVID-19 pandemic, the Central Bank of Uzbekistan recommended that residents switch from paying for goods and services in cash to paying for them using cards …

The banking system of Uzbekistan has adapted well to the COVID-19 crisis, particularly in matters that allow consumers to conduct banking transactions easily and safely. Here are 4 ways Uzbek …

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 …

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 …

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 …

With Uzbekistan’s national currency depreciating for 15 consecutive weeks and the United States dollar setting new records almost every 2 weeks, here is an overview of the 7 financial institutions …

Uzbekistan has embarked on an effort to ensure adequately-trained professionals are available for Uzbek businesses following a severe shortage of such personnel in the country. To accomplish this, Uzbekistan must …

Uzbekistan and Belarus have come to an agreement on the mutual training of IT specialists. Under the agreement, students will study the first half of the four-year course in Uzbekistan …

Uzbek President Shavkat Mirziyoyev has signed a decree designed to attract foreign specialists and financing into Uzbekistan in sectors in which the country currently has a gap. This measure is …

Uzbekistan hosted the second DigiGirlz High Tech Camp educational program, which is aimed at increasing the potential of girls and attracting them to the technology sector. The program, held at …

The first FinTech lab in Uzbekistan was announced at the ‘Open Innovations in the Banking Section’ session of the International Press Club. The FinTech lab will focus on facilitating the …

The government of Tajikistan has decreed that all ministries, departments, state-owned enterprises and institutions that provide payment services must acquire equipment for accepting non-cash payments by April 1, 2019. The …

PAYMO has announced that it is developing a system to unite providers and consumers of financial services in one information space as part of an effort to provide consumers with …