Central Asian fintech professionals demonstrate a contactless payment terminal and supervisory-technology tablet.
Central Asian fintech professionals demonstrate a contactless payment terminal and supervisory-technology tablet.
01

One memorandum explores access to payment infrastructure

Kazakhstan’s National Bank, VEON and KaR-Tel signed a memorandum to explore whether VEON companies could qualify for a first-category payment-organisation licence and gain permitted access to central-bank payment infrastructure. [1] [2] [3]

The memorandum is not an issued licence. Infrastructure access, permitted services and operating scope remain conditional on qualification, future approvals and the rules governing the payment market. [1] [3]

02

A second memorandum sets up an AI SupTech trial

The central-bank ecosystem also announced cooperation with Alatau City Authority around an AI-enabled supervisory-technology platform. The reported work covers a demonstration, identification of priority tasks and preparation of a roadmap. [2] [3]

A demonstration can test how supervisors collect evidence and identify exceptions, but it does not establish production deployment, model reliability or completed integration with municipal and financial systems. [2] [3]

03

Governance must keep the payment and supervision tracks distinct

The payment-access track needs clear licensing criteria, participant permissions, settlement responsibility, safeguarding, complaints and incident controls. The SupTech track needs data authority, model validation, human review, change records and appealable supervisory decisions. [1] [2] [3]

The visible 17:35 IST time uses DKNews’s 17:05 UTC+5 publication time. Interfax displays 17:27 without stating a time zone, so finorasjournal does not convert that clock time or use it as the timestamp anchor. [1] [3]