Central Asia fintech news
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72% of Kazakhstanis believe AI protects against scammers, but don't trust it to make payments
A Visa study showed that users actively use neural networks for online shopping, but only 14% are ready to delegate the transactions themselves to them.
AFK: Factoring could give banks access to 43 trillion tenge of short-term business debt
The Association of Financiers of Kazakhstan has assessed the prospects of supply chain finance as an alternative to collateralized loans for SMEs.
Digital tenge to get legal tender status in Kazakhstan
Legislative norms establishing the legal status of the third form of the national currency come into force on July 18.
Kaspi.kz completes acquisition of Rabobank in Turkey: the bank will become the financial base for Hepsiburada
The Kazakhstani fintech holding has officially closed the deal to acquire the Turkish bank. The company needs the license to launch financial services around the Hepsiburada marketplace.
Halyk Finance adds Sharia investment screening by fintech Ailat to its app
The Kazakhstani broker has separated Islamic securities into a dedicated section of its mobile app. A partner fintech company provides asset screening according to international standards.
Five banks in Kazakhstan receive universal licenses
ARDFM begins transitioning the market to a differentiated system: major players secure universal bank status.
"The Black Box Effect": Why Kazakhstanis Distrust Banking AI Assistants
Chatbots are annoying, and AI decisions look like a “black box.” People are only ready to trust the algorithm when they see what the answer is based on.
Why Buying Medicines Online Turns Into a Quest With an Uncertain Outcome for Kazakhstanis
Ordering medicines online in Kazakhstan is a lottery: a drug is listed as in stock but is actually unavailable, and users fear making a mistake when choosing an alternative.
Kids' Cards in Kazakhstan: The Child is Bored, the Parent is Anxious
Kids’ cards are stuck between extremes: either a boring “micro-bank” with adult terminology or a toy the child quickly outgrows.
Why Kazakhstani Beginners Abandon Investing After the First Dip
Opening a brokerage account takes just a few clicks, but beginners close them after the first dip—scared off by terminal jargon and a portfolio in the red.
Digital ID Triumph and Fear of Blocks: How Kazakhstanis Use GovTech in Banks
Digital IDs and eGov integration in bank apps build strong user trust. But two fears hold users back: account blocks and outdated documents.
Fear of Flight Cancellations and the Bonus Hunt: How Kazakhstanis Buy Travel in Superapps
Banks offer better deals on tours and tickets than traditional operators. Yet peace of mind beats price: travelers want to know what happens if their flight gets canceled.