Tashkent, Uzbekistan (UzDaily.com) —  Today, Tashkent is hosting the International Financial Innovation Forum, FINNEXT Asia, which brings together top managers from banks and fintech companies in Uzbekistan and Russia.

The forum provides a unique opportunity to discuss current fintech development trends and cooperation between financial companies from Russia and Central Asia.

Key topics of the forum include:

Development of Uzbekistan’s payment system: Discussion on priorities, digital transformation of the banking sector, and cooperation with international payment systems, including the prospects of BRICS Pay.

Innovative payment technologies: Presentation of solutions that enhance the convenience of payments for both individuals and businesses.

Digitalization of banking products: Projects for the digitalization of traditional products, including mortgages and Islamic banking, as well as innovations for financing SMEs.

Data management: New developments in Big Data analysis, improving data quality, and effective data management tools.

Digital ecosystem development strategies: Successful experiences of cooperation between banks, fintech, telecom, and retail, loyalty program transformations, and attracting high-net-worth clients.

Forecasting the future of Uzbekistan’s banking system.

The forum’s general producer, Alexey Maslov (Association of Banks of Russia), highlighted that FINNEXT Asia serves as an opportunity for foreign companies to enter the Uzbek market, establish partnerships, and explore business expansion prospects in Central Asia.