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Central Asia fintech news

Market updates on regulation, banking products, payments, deals and digital services across Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, Turkmenistan and Azerbaijan.

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Kazakhstan tests SKAI-Contract AI module in energy sector procurement

An electronic procurement platform has been launched as part of the national project to modernize housing, communal services, and energy. The Ministry of Industry and Construction is currently testing an algorithm designed to handle routine document work and the knowledge base.

Kazakhstanis Are Ready to Buy via Neural Networks: What the Yandex Ads Study Means for Fintech

60% of users state they are ready to make purchases using AI assistants. A quarter of Yandex Search queries in the country are already processed by neural networks.

Kazakhstan Prepares Capital Market Reform: Digitization of Issuance and New Niches for RegTech

ARDFM and Oliver Wyman are developing a strategy up to 2030. The package includes pension reform and SME support, while the digital transformation of exchange infrastructure may create demand for compliance automation.

Kazakhstan Enters Top 20 Countries for Talent Development: Banks Implement AI for Employee Assessment

The country ranked 11th globally in corporate training, while local fintech players are shifting HR to predictive analytics.

Standard Chartered Head Apologizes for Remarks on Replacing "Lower Value" Employees with AI

The British bank plans to cut 7,800 jobs, transferring their functions to neural networks. The management’s poor choice of words caused a backlash.

Kazakhtelecom CEO announces plans to turn the company into AI infrastructure

Bagdat Musin shared intentions to build GPU data centers, introduce vibecoding among employees, and work with startups on a revenue share model.

Kazakhstan Assesses AI Impact on Labor Market: 14 Professions at Risk

The Ministry of Labor expects reductions in 46 specialties and the emergence of new roles. For the financial sector, this is a reason to rethink the work of call centers, cashiers, and credit specialists.

eGov GPT, PSC Transformation, and $1.1B in Exports: Plans of Kazakhstan's Ministry of Digital Development

Minister of Digital Development Zhaslan Madiyev spoke about integrating an AI agent into public services and the transition to digital self-service.

Kazakhstan to develop unified standards for AI use in schools

The government will approve a technology implementation plan until 2029, with a pilot starting in 500 rural schools.

TrustMe expands digital document ecosystem with AI features

The Kazakhstani electronic document management platform introduces a comprehensive ecosystem of five products with artificial intelligence elements