Outcomes of Development of National Digital Financial Infrastructure in 2024
The National Bank of Kazakhstan (NBK) announces the publication of annual report “On the Development of the National Digital Financial Infrastructure” (NDFI). The document summarizes the achievements of the NDFI over the past year and sets out strategic goals for the future.
The main directions for infrastructure development include:
- Ensuring secure and uninterrupted transactions, including operations with digital currency.
- Implementing digital services for biometric identification and consent management.
- Facilitating secure data exchange between participants and service providers through open APIs.
In 2024, the key focus of NDFI development was the creation of new payment infrastructure components and the advancement of existing systems to ensure secure and transparent interactions between market participants.
The launch of the Interbank Card Payment System, Open API, and the Anti-Fraud Center strengthened financial inclusion, enhanced security, and reinforced the sovereignty of domestic operations.
Currently, NBK’s infrastructure processes over 350,000 transactions daily, amounting to 5.9 trillion tenge, and conducts more than 2.5 million digital identifications monthly.
Additionally, in 2024, as part of the second phase of the “Digital Tenge” project, new use cases for digital currency in public and programmable payments were tested, laying the foundation for its full-scale integration into the country’s economy.
The NDFI is a strategic project aimed at creating a flexible, sustainable, and competitive financial system, providing equal access for all market participants. It should be noted that the operator of the NDFI is the National Payment Corporation under the NBK.
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