{"id":17126,"date":"2023-05-28T19:14:36","date_gmt":"2023-05-28T19:14:36","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=17126"},"modified":"2023-05-28T19:14:36","modified_gmt":"2023-05-28T19:14:36","slug":"barriers-and-opportunities-for-fintech-in-central-asia","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/barriers-and-opportunities-for-fintech-in-central-asia\/","title":{"rendered":"Barriers and Opportunities for Fintech in Central Asia"},"content":{"rendered":"<p>The e-commerce and fintech markets in Kazakhstan and Uzbekistan are rapidly growing, largely due to the impact of the COVID-19 pandemic; however, they are also facing challenges related to low financial literacy rates and establishing efficient relationships with regulators. In both countries, there is a competitive market that has driven the need to ensure qualitative services are provided for customer retention. Against this backdrop, fintech companies are seeking transparent dialogues with government regulators to improve payment systems, increase their participation in discussions regarding the development and implementation of new measures, improve standardization and increase regional integration.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-17126 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Top Cybersecurity Predictions for 2023'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/top-cybersecurity-predictions-for-2023\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/12\/ab708f6a-6c97-b73f-540f-6089b345e6ed1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16920\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16920'>\n\t\t\t\tTop Cybersecurity Predictions for 2023\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Interest in CBDCs Growing Among Consumers Globally'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/interest-in-cbdcs-growing-among-consumers-globally\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/08\/e8b4f5ec-b1e6-39e5-58b8-f1a3aad3cdff1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16223\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16223'>\n\t\t\t\tInterest in CBDCs Growing Among Consumers Globally\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='A Quick Look at Big Tech Lending to SMEs'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/a-quick-look-at-big-tech-lending-to-smes\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/09\/ad9c7b4b-f6a0-4c15-4199-0e3f27e139901-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16831\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16831'>\n\t\t\t\tA Quick Look at Big Tech Lending to SMEs\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The e-commerce and fintech markets in Kazakhstan and Uzbekistan are rapidly growing, largely due to the impact of the COVID-19 pandemic; however, they are also facing challenges related to low financial literacy rates and establishing efficient relationships with regulators. In both countries, there is a competitive market that has driven the need to ensure qualitative &hellip;<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17126"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=17126"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17126\/revisions"}],"predecessor-version":[{"id":17127,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17126\/revisions\/17127"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=17126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=17126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=17126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}