payment systems

Azerbaijan's Central Bank Approves New Payment System Tariffs Effective April 1, 2027

The Central Bank of Azerbaijan has approved a new tariff policy for payment systems: upper tariff limits in AZIPS and XÖHKS have been reduced, while fees for the instant payment system AÖS have been set at a lower level.

CBA: New Payment System Tariffs Will Not Directly Affect Citizens

The Central Bank of Azerbaijan clarified that the approved tariffs for the Interbank Card Center apply only to banks and payment organizations, not to end users.

Mastercard: AI in Finance Requires Flawless Performance and Trust

Mastercard's AI and Data Director Greg Ulrich discusses key principles for implementing artificial intelligence in the financial industry, emphasizing the importance of operational standards, governance, and transparency.