Bishkek International Finance Forum 2023 is the largest annual event for banks, financial institutions, fintech industry vendors, experts and analysts, dedicated to current finance sector trends and state-of-the-art technologies. The motto of this year’s forum was годуфорум «Technologies. Opportunities. Sustainable Development».
As a result of some geopolitical events that have affected the destiny of CIS countries, Kyrgyzstan has received, on the one hand, some excess revenue to be invested, while of the other hand it has obtained some hard driving customers whose demands push the banking industry forward. The industry has an opportunity to achieve a quantum leap within a short space of time, provided it takes advantage of the received revenue and invests it into service development and customer experience improvement. In appears from the range of topics discussed at the forum that Kyrgyzstan banks are already moving in the right direction.
Denis Yudin
Colvir Software Solutions Sales Director for CIS Countries
The interest of BIFF 2023 speakers and attendees was traditionally attracted by panels dedicated to world banking market development trends and innovative financial instruments. Alia Tcheybayeva, Chairperson of Colvir customer Halyk Bank Kyrgyzstan, took part in a discussion focused on the use by banks of Big Data technologies, artificial intelligence, remote identification, Open Banking, crypto currencies, etc.
The Halyk Bank Management Board Chairperson declared BaaS (bank-as-a-service) to be one of the key trends being implemented by the Bank. This is a kind of synergy with companies from other industries, such as telecom or retail that allows them to incorporate banking services into their applications, marketplaces, issue cards, process transactions between customer accounts. On the whole, Kyrgyzstan is proactively learning from other countries and adopting their diverse experience. The banking industry is passionate about topics related to cyber security and building customer digital experience based on remote identification without the need to pay a visit to the bank.
Denis Yudin
Colvir Software Solutions Sales Director for CIS Countries
Colvir Software Solutions is a regular participant of Kyrgyzstan banking events, and BIFF is one of the most significant among those.
I would like to thank the Union of Kyrgyzstan banks for the excellent forum organization, as well as for the fact that they have been organizing such events for many years. The Bishkek International Finance Forum provides all market participants with an opportunity learn about trends and development directions of the world banking industry, while at the same time providing a venue for meeting and engaging with key industry players, partners and friends. As an IT company we see our main goal in supporting the development of the Kyrgyzstan banking industry видим поддержку развития банковской индустрии Кыргызстана. Our mission is to provide banks with an opportunity to implement any digital ideas that they may, and introduce them to the market as products in in fast time2market mode, and thus win customers from competitors – a battle that is unfolding right in front of our eyes.
Denis Yudin
Colvir Software Solutions Sales Director for CIS Countries
Colvir solutions are fully localized and ready for implementation with financial companies of Kyrgyzstan. To arrange a product demo please write to sales@colvir.com. Stay up to date with interesting fintech news and events by subscribing to Colvir Telegram channel.
