How did the "KEY TECH: AI in Banks and Fintech" conference go in Uzbekistan

The future of the financial sector is already taking shape today, and its key driver is artificial intelligence. This was the main conclusion of the international conference “KEY TECH: AI in Banking and Fintech,” held on June 26 in Tashkent. The event, organized by Khisam Communications, brought together leading industry experts who were unanimous: AI is not a trend, but a fundamental shift that is changing the rules of the game.

Discussions at the conference logically unfolded from technologies already being used to change business processes here and now, to strategic questions about what the entire financial industry will look like tomorrow.

The first key topic was the transformation of approaches to customer assessment. Speakers confirmed that traditional scoring based on income certificates is becoming a thing of the past. It is being replaced by a deep analysis of the digital footprint. Nuriddin Lafizov, CEO of Alif Uzbekistan, explained that his company is moving beyond standard questionnaires. According to him, a person's digital footprint—from online purchase categories to the frequency of taxi usage—sometimes reveals more about financial discipline than a salary certificate, and Alif Uzbekistan's task is to teach AI to recognize these real behavioral patterns.

The scale of this trend was also confirmed by Archil Dzodzuashvili, CEO of Wings AI, whose platform processes millions of applications in Uzbekistan for FinTech giants. He clearly demonstrated that the best and fastest solutions are born from the synergy of artificial intelligence and human expertise. Representatives of Asaka Bank, Nurmukhammad Abdul-Kodir and Nauan Sarbasov, delved into how machine learning specifically allows for calculating the real cost of credit risk to offer each customer the fairest possible interest rate.

All these technological shifts inevitably led participants to the main question, which became the leitmotif of the final panel discussion: what will the future look like? Speakers agreed that Uzbekistan's FinTech industry has already moved from theory to practice.

Three main development vectors emerged during the discussion: hyper-personalization, predictive security, and seamless payments. Artificial intelligence unites these areas into a single system where your digital profile not only determines your credit limit but also protects you from fraudsters by predicting atypical behavior and offering relevant services at the right moment.

The international conference “KEY TECH: AI in Banking and Fintech” clearly demonstrated that the development of artificial intelligence in Uzbekistan's financial sector is no longer theory, but a dynamic practice that opens new horizons for business and new opportunities for consumers.