BAKU, Azerbaijan, June 10. The second day of
“International Finance and Banking Summit 2026: Global Financial
Integration of Turkic States” has begun in Baku, Trend reports.
The summit provides a high-level platform to accelerate the
integration of the financial systems of regional and
Turkic-speaking states into the global financial space.
The event is supported by the Council of Banking Associations of
Turkic States, the Central Bank of Azerbaijan, Azerbaijan Banks
Association, the banking associations of Kazakhstan, Kyrgyzstan,
Uzbekistan, and Türkiye, the Association of Financiers of
Kazakhstan, as well as other partner organizations.
The summit is discussing key trends in the global banking and
financial sector for 2026, regional cooperation, digital
transformation, payment and settlement systems, open banking,
artificial intelligence (AI), cybersecurity, compliance, Islamic
finance, green finance, and investment opportunities.
The second day's program continues with panels dedicated to
cybersecurity, the fight against fraud, and compliance
ecosystems.
The 7th panel, titled "Fraud Prevention & Cybersecurity", is
discussing existing solutions against phishing fraud, digital fraud
statistics in the banking sector, security issues in the era of AI
and the application of biometric platforms in the financial
sector.
The panel will feature presentations on "Measures to combat
fraudulent operations", "Digital fraud in the banking sector:
statistics, trends and regulatory plans", "The beauty and ugliness
of AI: security in the age of hype" and "The benefits of using a
biometric platform in the financial sector. VisionLabs' Experience
in Kazakhstan".
Besides, the 8th panel titled "Building Effective Compliance
Ecosystems: Global Trends & Regional Insights" discusses the role
of compliance ecosystems in mitigating macro-regional risks,
building compliance systems in Central Asia, strengthening
financial integrity, and human oversight and data accountability in
the age of AI.
The panel will feature presentations on the topics of
"Regulatory compliance ecosystems as a factor in mitigating
macro-regional risks: experience and strategic vision", "Building
effective compliance ecosystems in Central Asia", "Strengthening
financial integrity through sustainable compliance ecosystems",
"The Future of compliance ecosystems: from regulatory obligation to
strategic value" and "Compliance in the age of AI: accountability,
data and human oversight".
The first day of the summit was marked by the signing of a
number of cooperation documents. Thus, the Azerbaijan Fintech
Association and the Central Asia Fintech Association signed a
memorandum of cooperation.
Within the framework of the summit, a memorandum was also signed
between VISA and the National Olympic Committee of Azerbaijan.
In addition, a memorandum of understanding was signed between
the Azerbaijan Banks Association and the Retail Networks
Development Public Union.
The summit brings together banking and finance sector leaders,
regulators, international financial institutions, technology
providers, startups, investors, and international experts.
Will be updated
