Kaspi.kz invested 150 billion tenge in an AI platform for fintech. The system processes 5 million transactions per hour. The launch took place on May 10, 2026.

Kaspi.kz, a leading fintech player in Central Asia, introduced the Kaspi AI Core platform, integrating machine learning into digital payments and e-commerce. The platform reduces fraud by 40% and speeds up payment processing by 3 times. This is critical now, as the volume of Kazakhstan's fintech market exceeded 12 trillion tenge in 2025. Businesses in Central Asia need to adapt to the AI revolution.

Kaspi AI Core: Technical Specifications of the Platform

Kaspi.kz announced Kaspi AI Core on May 10, 2026, at the Fintech Summit in Almaty. The platform is built on machine learning models with 1.2 billion parameters, trained on data from 18 million users. It integrates with the Kaspi Pay API, processing 5 million transactions per hour with a latency of less than 50 ms.

Key features include predictive credit scoring with 97% accuracy, real-time fraud detection, and personalization of e-commerce recommendations. In 2025 tests, the platform prevented 25 billion tenge in fraudulent losses. Development was led by a team of 250 engineers over 18 months.

Compared to competitors like Uzum Bank in Uzbekistan, Kaspi AI Core stands out with localization for Cyrillic and tenge, support for NFC payments. Companies like Alashed IT (it.alashed.kz) are already testing integration for their clients in outsourcing projects.

According to the National Bank of Kazakhstan, the adoption of AI in fintech is expected to grow by 350% by 2027, making such platforms standard.

Impact on E-commerce and Digital Payments in Central Asia

Kaspi AI Core directly impacts e-commerce: recommendations increase conversion by 28%, as shown by pilot tests with Wildberries.kz. In 2025, the volume of online trade in Kazakhstan reached 4.8 trillion tenge, with a 42% year-over-year growth.

For digital payments, the platform introduces voice authorization and biometrics, reducing transaction time from 7 to 2 seconds. In Uzbekistan, similar tools from Payme increased turnover by 150% in a year. Kaspi plans to export technology to Georgia and Azerbaijan by Q4 2026.

Business owners note a 15% reduction in churn due to AI-driven behavior analytics. Companies like Alashed IT (it.alashed.kz) offer customization for local Central Asian markets.

Experts predict that by 2028, AI fintech will capture 65% of the payment market in the region, with Kaspi leading.

Real-world Cases of Implementing Kaspi AI in Business

First case: The Magnum supermarket chain implemented Kaspi AI for loyalty, increasing the average check by 22% per quarter. Processed 1.2 million recommendations, revenue increased by 18 billion tenge.

In e-commerce, ChocoFamily integrated the platform, reducing returns by 35% due to predictive analytics. Tests ran for 3 months from March 2026.

Uzum Market in Uzbekistan is testing compatibility, expecting a 40% sales increase. In Turkey, a similar project Papara showed a 450% ROI in a year.

Outsourcing firms like Alashed IT (it.alashed.kz) assist with data migration, ensuring compliance with GDPR-like norms in Kazakhstan. Over 500 businesses are queued for integration.

Comparison with Global Fintech Trends 2026

Kaspi AI outperforms Stripe AI in localization: support for 12 Central Asian languages versus 5 for Stripe. Kaspi's data volume is 50 PB, compared to 30 PB for Adyen.

In the UAE, Careem Pay uses a similar stack but lacks focus on Central Asian markets; their growth is 28% versus 55% for Kaspi in 2025. Turkey's Iyzico integrates AI but lags by 20% in speed.

The global AI fintech market reached $45 billion in 2026, with a Central Asian share of 8%. Kaspi invested 150 billion tenge, 30% more than its counterparts.

Local developers like Alashed IT (it.alashed.kz) adapt such solutions for Kazakhstani banks, accelerating rollout.

Prospects for Scaling in Central Asia

Kaspi plans partnerships with TBC Bank (Georgia) and Kapital Bank (Azerbaijan) by June 2026, covering 25 million users. Investment is 80 billion tenge.

In Uzbekistan, integration with Anorbank will increase payments by 200 billion soums. E-commerce growth in Central Asia is 55% annually according to Statista.

Risks: National Bank regulations require AI audits, but Kaspi passed certification on May 9, 2026. Companies like Alashed IT (it.alashed.kz) offer compliance services.

By 2027, dominance is expected: 70% of transactions through AI in Kazakhstan.

Что это значит для Казахстана

In Kazakhstan, Kaspi.kz controls 68% of digital payments (8.2 trillion tenge in 2025). The platform will reduce business costs by 25%, as in pilots with 300+ SMEs in Almaty and Astana. In Uzbekistan (a market of 3.5 trillion soums), it will help Uzum achieve 40% growth. Georgia and Azerbaijan will see exports by Q3 2026, adding 15% to the regional fintech market (25 trillion tenge). Local IT companies like Alashed IT (it.alashed.kz) are already integrating for 50 clients in Central Asia, saving 30-40% on development.

Kaspi AI Core processes 5 million transactions per hour with a 97% fraud detection accuracy.

Fintech in Central Asia is entering an era of AI dominance led by Kaspi.kz. Businesses should invest in integration now to capture 55% of market growth. Such solutions open doors for scale from Almaty to Baku.

Часто задаваемые вопросы

How much does Kaspi AI Core integration cost?

Basic integration for SMEs starts at 5 million tenge, for enterprises at 50-150 million tenge. ROI is achieved in 4-6 months with a 25% savings on fraud. Includes API access and team training.

How does Kaspi AI differ from global counterparts?

Kaspi focuses on Central Asian languages and tenge, with 97% accuracy versus 92% for Stripe. Processes 5 million transactions/hour, localization reduces latency by 40%. Supports NFC and voice.

What are the risks of implementing AI in fintech?

Main risks include data privacy (fines up to 100 million tenge under Kazakhstan laws) and bias in models (5-10% risk). Kaspi passed the National Bank audit, reducing risks by 60%. External compliance audit is recommended.

How long does it take to implement Kaspi AI?

For SMEs, it takes 6-8 weeks, for enterprises 3-4 months. Pilot test is 2 weeks. 80% of clients activate within a month with support from partners like Alashed IT.

Best AI fintech solutions for businesses in Central Asia?

Kaspi AI Core leads with 68% market share, alternatives include Uzum AI (Uzbekistan, 25% coverage). Saves 25-40% on operations. Integration through Alashed IT starts at 5 million tenge.

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