Azerbaijan, Türkiye discuss wider use of innovative solutions in financial sector

Azerbaijan and Türkiye discussed the wider use of innovative solutions in the financial sector.

Report informs, citing the Central Bank of Azerbaijan (CBA).

According to the CBA, its Deputy Chairman Vusal Khalilov received a delegation comprising Türkiye's Service Exporters' Association, as well as companies operating in financial technology, banking, insurance and payment systems.

The meeting discussed expanding the use of innovative solutions, advanced technologies, including artificial intelligence solutions, in the financial sector, as well as opportunities to improve payment systems and data management. The sides also exchanged views on the sector's development priorities and other issues on the digital transformation agenda, and emphasized opportunities for cooperation in financial technology and the importance of exchanging experience.