Russia
Supported- The Bank of Russia
- The Bank of Russia's payment system, the Faster Payments System, the Mir card
- Four identification tiers, remote verification through Gosuslugi and biometrics
- Mandatory in-country residency for personal data
Five countries, one core
Country specifics plug in through a separate country pack: chart of accounts, payment channels, KYC rules and mandatory reporting for each jurisdiction.
Kazakhstan
Supported- The National Bank of Kazakhstan and ARDFM
- MSPD, the FAST instant-payments system, Halyk Card alongside Visa, Mastercard and UnionPay
- Remote identification through NCA KZ digital signatures and eGov.kz
- Personal-data localization is mandatory, SaaS included
Kyrgyzstan
Supported- The National Bank of the Kyrgyz Republic
- GSRRV, the Elkart card is mandatory for state payouts
- Lighter-touch regulation than Russia or Kazakhstan, with a document check required regardless
- Mandatory reporting volume is lower than in Russia
Uzbekistan
Supported- The Central Bank of Uzbekistan
- UzNCC, the Humo and Uzcard schemes, integration with Click, Payme and Apelsin
- Remote identification through myID and E-IMZO, the PINFL identifier
- In-country residency for personal data
Mongolia
Supported- The Bank of Mongolia
- BoMNet, the national SWITCH card network, acceptance of the major international schemes
- Remote identification through the DAN system, and the country is an FATF member
- Partner financing is unregulated here, so that module is switched off in Mongolian installations
Cross-jurisdictional standards on top of national regulation
PCI DSS
Required for any installation that issues or acquires cards.
IFRS 9
One expected-credit-loss methodology applies alongside each national asset classification.
Basel III
The benchmark for capital-adequacy and liquidity ratios across all five countries.
FATCA and CRS
Automatic exchange of tax information with foreign residents.
AAOIFI and IFSB
International partner-financing standards layered on top of regulation in Kazakhstan, Kyrgyzstan, Uzbekistan and Russia.
Planning a new jurisdiction?
A country pack plugs in a new country's chart of accounts, payment channels and reporting through the core's ready extension points.