News

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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National Bank of Kazakhstan discusses real sector support measures with commercial banks

The regulator, the government, and the ARDFM met with market participants to coordinate economic lending and capital market development.

Weekly Updates: Unified QR in Kazakhstan, Open Banking in the Caucasus, and Subscriptions in Tajikistan

What’s new in mobile banking apps across Central Asia and the Caucasus for July 24–31, 2026

Eurasian Bank analyzes transactions: retail client spending peaks on Saturday

Payment behavior research shows how banks can use data to shift from mass mailings to personalized offers

Kazakhstan's foreign cashless payments grow 10-fold in six years

The share of cashless payments abroad reached 93%. Online purchases and smartphone transfers drove the growth, while POS terminal transactions began to decline.

Kazakhstan's Unified QR Exposes Bank Tariff Battle for Business

The universal payment system was supposed to free entrepreneurs from keeping multiple terminals at the checkout. In practice, the interbank service proved noticeably more expensive than the banks’ own QR solutions.

Uzbekistan's Tax Committee launches AI SOLIQ platform to automate audits

The regulator deployed its proprietary Soliq LLM language model and machine learning to analyze business risks and speed up tax administration.

Kazakhstan's insurance market: Annuities accelerate amid rising mandatory insurance thresholds

Regulatory changes in Kazakhstan’s insurance sector have driven demand for annuity products and a market reassessment.

ARDFM tightens rules for MFIs and debt collectors: a new wave of regulatory reform

The Kazakh regulator continues to tighten requirements for microfinance organizations and debt collection companies.

Apple Pay officially launches in Kyrgyzstan and Tajikistan

Local banks have opened access to contactless smartphone payments for customers. Uzbekistan is still preparing its legal framework for the launch.

Uzbekistan zeroes crypto fees for Besqala mining zone residents until 2035

Companies in Karakalpakstan receive a long-term tax break on digital asset operations.

ITFC Allocates $75 Million to Ipak Yuli Bank for Islamic Financing of SMEs and Women's Entrepreneurship

The International Islamic Trade Finance Corporation provided a syndicated credit line to the Uzbek bank to expand Sharia-compliant products.

Uzbekistan's banking sector in Q2 2026: Record profit, NPL decline, and de-dollarization

Bank net profit grew 67% amid outpaced deposit growth and improved credit portfolio quality.