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    Uzbekistan World Money

    Andersen International to enhance Uzbekistan banks' digitalization with APIs

    Andersen International to enhance Uzbekistan banks' digitalization with APIs

    The Central Bank of Uzbekistan has embarked on a collaboration with IT company Andersen International to advance the nation's digitalization efforts, as reported by the bank's press service on April 18.

    During a business forum hosted by the international company, Central Bank officials discussed strategies outlined in the "Digital Uzbekistan - 2030" initiative, focusing on avenues for digital transformation. A memorandum of understanding was subsequently signed between Andersen International and the Central Bank, outlining cooperation in providing support to the regulator, commercial banks, non-banking financial institutions, and other stakeholders in the financial sector.

    The agreement entails the development and maintenance of application programming interfaces (APIs) and the enhancement of existing digital platforms. Additionally, provisions for cybersecurity products and solutions are included to fortify the digital infrastructure.

    In a separate engagement in September 2023, Central Bank officials engaged in discussions with a delegation from the Boston Consulting Group, focusing on initiatives such as the establishment of a unified service center for banks. 

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    18.04.2024, 21:45   Comments (0)   1929
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