Central Asia fintech news
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"The Line Is Drawn by Results": Roman Nadein on Hype-Free AI in Banking
Kazakhstan banks required to report major IT incidents to ARDFM within five days
Intel's Lip-Bu Tan invests in AI startup NaceAI with Kazakh roots
Kazakhstan becomes a founding member of the World AI Cooperation Organization (WAICO)
National Bank of Kazakhstan launches in-house AI platform and GPU cluster for supervision and analytics
72% of Kazakhstanis believe AI protects against scammers, but don't trust it to make payments
"The Black Box Effect": Why Kazakhstanis Distrust Banking AI Assistants
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Kazakhstan plans to raise $75 million from the World Bank for AI and startup development
The funds will go toward creating cloud platforms, robotics laboratories, and venture financing..
Kazakhstan Secures Billion-Dollar Investments in Basic and Digital Infrastructure
IsDB expands its portfolio to $3 billion, while VEON will invest $1 billion in AI and data centers.
Freedom Holding and Citi to Build an AI Supercluster in Kazakhstan
The Ministry of AI, Freedom Holding Corp., and Citi have signed a memorandum to create a large-scale data center for neural networks.
Kazakhstan and China's 01.AI Create Q.AI Joint Venture to Develop Local Neural Networks
The joint company will focus on AI agents for business and the public sector.
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The Government of Kazakhstan, NVIDIA, and Firebird to Invest $10 Billion in AI: How New Capacities Will Change Fintech
A public-private partnership launches the construction of mega data centers in Ekibastuz. Access to 100,000 GPUs will open new opportunities for banks to train neural networks.
Halyk Bank Prepares to Launch AI Assistant, Crypto Card, and Islamic Products
Kazakhstan’s largest bank is changing its retail business metrics, shifting focus to daily app audience and ecosystem usage frequency.
KEGOC Implements AI for Monitoring and Forecasting in Kazakhstan's Power Grid: Economic Effect Exceeds 16.6 Billion Tenge
The national electricity grid operator has applied artificial intelligence to automate oversight, already generating billions of tenge in economic impact.
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.
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