Central Asia fintech news
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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.
Central Bank of Uzbekistan Approves Composition of the Islamic Finance Council
The regulator has formed a team to develop Islamic banking standards. The council includes experts from the Fatwa Center and an auditor with Big4 experience.
Five banks in Kazakhstan receive universal licenses
ARDFM begins transitioning the market to a differentiated system: major players secure universal bank status.
Central Asia discusses AI regulation in financial markets at the central bank level
EAEU central bank heads include artificial intelligence development and supervision in the advisory council agenda for the first time
"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 But two fears hold users back: account blocks and outdated documents.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.
Why automatic analytics "lie" and Kazakhstanis still track budgets manually in spreadsheets
Almost every bank offers spending charts, yet users still track their budgets in Excel because they don’t trust automatic categorization.