Central Asia fintech news
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Halyk Bank Completes Acquisition of Online Cash Register Service re:Kassa
Kazakhstan’s largest bank has become the direct owner of the fintech company, integrating it into its business services ecosystem.
Uzpromstroybank establishes a dedicated department for neural networks
SQB has announced a search for the head of its AI division. The role will involve managing MLOps infrastructure, generative models, and AI Governance.
Click Integrates AI into Operational Processes to Accelerate Platform Performance
The Uzbek payment service has integrated artificial intelligence into its business processes.
Islamic finance volume in Uzbekistan's MFOs grows eightfold
In the first quarter of 2026, microfinance organizations issued 11.2 billion soums under Sharia rules. This is a starting segment preparing the market for the launch of full-fledged Islamic banking.
Uzbekistan's Fintechs Test Package Subscriptions: Market Awaits Results of Click's Spring Pilot
In May, Click conducted a closed test of a new tariff line. A mass launch is still in preparation, but the pilot itself confirms that payment services are looking for new monetization models.
Eskhata Bank launches kids' wallet with parental control
The Tajik bank has integrated financial services for users aged 7 to 16 into its main mobile app.
Uzbekistan to Launch AI-Scoring Business Credit Marketplace
The platform will consolidate offers from various banks. By December 2026, the system will begin assessing borrowers without credit histories using alternative data.
TBC Bank Group Buys OLX in Uzbekistan: Regulator Approves Deal with Conditions
The Competition Committee allowed a TBC entity to acquire 100% of the classifieds service but prohibited it from imposing its own payment services on users.
Kazakhstanis Are Withdrawing Less Cash: First Decline Since the Pandemic
The share of cash in card turnover has dropped to a historic low of 12.1%. This marks the first decline in cash withdrawal volumes since 2020.
ARDFM prepares unified resolution rules for troubled banks in Kazakhstan
The regulator has published a draft resolution intended to consolidate mechanisms for dealing with insolvent financial institutions.
Bank CenterCredit introduces a 5% fee for cash ruble account deposits
Starting June 16, 2026, the Kazakhstani bank will begin charging a fee for depositing Russian currency into individual accounts.
Umidjon Khakimov becomes Chairman of the Management Board of Ipak Yuli Bank
He replaces Saidabror Saidakhmedov, who led the Uzbek bank for the past eight years.