The regulator discussed new internal control rules, cross-border transaction monitoring, and a separate category for payment organizations with market participants.
Background
On September 28, 2026, the National Bank of Kazakhstan (NBK) held its annual seminar for payment organizations in Almaty. About 80 market representatives attended the meeting. As reported by the regulator, the main topic was changes in supervisory and regulatory policy. This continues NBK’s systematic work to organize the sector: Finteqstan previously reported that the regulator updated the payment systems register, and is now detailing requirements for companies’ internal processes.
What the data shows
At the meeting, National Bank representatives presented the results of their fintech company reporting analysis and highlighted several areas where control will be technologically strengthened.
First, the regulator is changing its data processing mechanics. NBK is working to implement a SupTech (Supervisory Technology) platform to automate analytics. Together with market participants, the regulator reviewed risks identified during statistical analysis, including cross-border transactions.
Second, the focus is shifting to countering illegal activities. To this end, the regulator is developing the National Digital Financial Infrastructure, which integrates the existing anti-fraud center and Identity Data Exchange Center services.
Third, legislation introduces a new classification of market participants. The National Bank outlined basic operational requirements for first-category payment organizations, separating them into a distinct supervisory group.
What this means for the market
For payment services, implementing SupTech means a gradual transition from periodic manual reporting to continuous technological supervision.
The regulator explicitly points out the need for companies to rebuild internal processes. Reliable compliance control, automated risk management, and business process optimization are becoming basic conditions for operating in the market. Dialogue through the Association of Payment Organizations shows that NBK is ready to discuss the mechanics of new standards with the market, but the drive toward transaction transparency remains a priority.