Latest opinions that Azimkhon Askarov has shared on Finextra

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Azimkhon Askarov

Co-partner

CONCRYT

Member since

19 Mar

Location

Riga

View Azimkhon Askarov's full profile

Azimkhon's opinions

The Impact of the 72-Hour Payment Delay

Earlier this year, the UK government announced that banks would be given new powers to delay and investigate payments suspected of being fraudulent, in a bid to protect consumers against scammers. The decision immediately sparked widespread discussion across the financial sector, marking a significant shift in how payments are processed. But what a...

19 hours /ai /payments

What can we learn from the Gen Z love of BNPL?

Gen Z is known to lead the charge when it comes to the adoption of new payment methods – which is good news for BNPL, which has had some high-profile knock-backs and more than its share of negative headlines. Buy Now, Pay Later (BNPL) saw explosive growth during the pandemic, which continues now during the cost-of-living crisis. As such, it has es...

21 October 2024 /payments /inclusion

Are biometrics ready to go mainstream?

The use of biometrics to validate payments is far from a new concept, but so far, the market has been insufficiently ready for the evolution, instead encouraging consumers onto mobile payments from card-based solutions. Is all that about to change? The way we think about security has been transformed by the evolution of technology. While passwords...

09 October 2024 /payments /regulation

Payments and the summer of sports

From blockchain in sports broadcasts to NFT football cards, fintech has been instrumental in changing the way we play, watch, and support sports. As the 2024 Olympics comes to a close, Azimkhon Askarov, Co-partner of CONCRYT, looks at the payments lessons learned and the ways fintech can provide a unique opportunity for sports to redefine payment

02 September 2024 /payments /inclusion

Real Time Payments; Who’s leading the way, and should the rest follow?

Real-time B2B payments are surging in popularity globally. It’s estimated that up to half of B2B payments will be made in real-time by 2025, and for good reason. But discrepancies in growth between regions, and barriers to full adoption remain. Azimkhon Askarov, Co-partner of CONCRYT, looks at why we should work to overcome these barriers to unlo...

05 April 2024 /payments /markets

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