12:52 - 19.11.2025

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November 19, Fineko/abc.az. Some bank branches are already using artificial intelligence technologies.

ABC.AZ reports that Eren Ozkan, head of the cluster of Mastercard consulting and advisory services in Turkey, Azerbaijan, Ukraine and Moldova, made the relevant statement at the IX International Banking Forum in Baku.

The second important topic is Embedded Finance and Banking as a Service. Currently, there are nearly 25,000 banks in the world. Mastercard cooperates with almost all of these banks. But the number of companies that are not banks, but simply provide financial services, exceeds 50,000. This is a very large number. Many companies can give loans, issue cards, and render various banking services, even if they are not banks," he said.

By Elmir Murad