12:27 - 14.05.2026

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May 14, Fineko/abc.az. Under the conditions of Open Banking it becomes possible to see the entire financial turnover of citizens, ABC.AZ reports, quoting Elmar Didakenan, an open banking specialist at the CBA Financial Technologies & Innovations Department.

The CBA representative noted that both salary and other income of the client are taken into account in different banks - you can see that certain funds are credited to the citizen's account every month: "This is called a revolving loan - that is, taking into account all income, a loan can be given for a certain amount. Direct payments are one of the key factors: since they pass through the cards, third parties also take them into account, and the data is transferred to them. As part of Open Banking, we can make payments locally, within the country, and this is a great advantage for our country, since the data does not go beyond its borders."