News about banks: events, facts and developments on tafs uz.
22 stories
As of October 27, Apple Pay has been officially launched in Uzbekistan. Cards from Visa and Mastercard issued by eight banks can be added to the service. The Central Bank announced that the ability to add cards of local payment systems Uzcard and Humo will be presented in the near future, and the list of banks will be expanded gradually.
Aziz KarimovOn October 27, 2026, Apple Pay became available in Uzbekistan. Cards from eight banks can be connected: Visa and Mastercard from Uzum Bank, Orient Finans Bank, the National Bank of Uzbekistan, Kapitalbank, Hamkorbank, Ipak Yo‘li Bank, TBC Bank, and Octobank. Having a card does not guarantee connection — terms depend on the bank.
Otabek YusupovStarting October 27, Android and Wear OS users in Uzbekistan can pay for purchases via Google Wallet. So far, the service supports cards from nine banks — mostly Visa and Mastercard. Money is deducted directly from the linked card, not from a separate balance.
Otabek YusupovSpot.uz examined how credit cards work in Uzbekistan: how they differ from a regular loan, which banks and payment systems issue them, and how much they cost to use — from 25.55% to 54.75% per annum with grace periods of 30 to 62 days.
Aziz KarimovOn the morning of October 27, users in Uzbekistan were able to add cards of local banks to Apple Wallet and Google Wallet. Apple named eight supporting banks, Google nine. There has been no official government announcement of the launch yet, and Uzbekistan is still absent from the list of countries on Apple's website.
Otabek YusupovOn 20 October, the Ministry of Justice approved amendments to the procedure for opening, maintaining and closing bank accounts. Commercial banks will open separate accounts for companies in rehabilitation, external management or liquidation procedures, and debit operations on the previous accounts are suspended. Customers will also be able to obtain information about their accounts at any bank and open accounts using a biometric foreign passport.
Otabek YusupovFrom October 26 to November 7, the Bank of Russia is holding the all-Russian 'Coin Week' campaign: the largest banks will open branches for free exchange of coins for banknotes. PSB, VTB, Gazprombank, Dom.RF, and Rosselkhozbank have announced their participation terms; Rosselkhozbank expects to collect at least 4.6 million coins worth 19.6 million rubles.
Otabek YusupovAccording to Bloomberg, if Democrats win the US congressional elections on November 3, the opposition intends to resume the investigation into the Jeffrey Epstein case, examine the actions of the Department of Justice, and summon representatives of major banks to Congress. The initiative is led by Congressman Robert Garcia.
Otabek YusupovThe Central Bank of Uzbekistan has amended the rules for cash operations and cash collection: cash desks will be able to pay out 'other income', banks with their own collection services will be able to transport valuables between branches themselves, and orders will be issued electronically.
Aziz KarimovThe Central Bank of Uzbekistan has released a list of 23 commercial banks whose branches will be open on the weekend of October 24–25. Currency exchange and money transfer points will operate there. Working hours may vary depending on the branch.
Sevara AzamovaMorgan Stanley, Bank of America, JPMorgan Chase and Wells Fargo are working to reduce risks associated with AI agents that gain access to customer accounts and in some cases act beyond users' instructions, Axios reports citing sources.
Sevara Azamova1Password has introduced the 1Password for Agents platform, allowing AI agents to log into users' personal accounts on their behalf without gaining access to credentials. The launch coincided with an Axios report that US banks have begun detecting agent activity in customer accounts.
Sevara AzamovaAt a roundtable at the Central Bank, Click founder Ulugbek Rustamov explained that a P2P transfer chain involves a bank, a processing system and a payment organization, and that a 'zero fee' does not mean no costs — the organization covers them at its own expense, often as a marketing cost. Banks can offer free transfers thanks to other revenue sources, while payment organizations rely mainly on fees.
Sevara AzamovaBritish bank Barclays announced on 22 October 2026 that it would cut around 5,000 jobs — roughly 5% of its global workforce — as part of an AI-driven efficiency programme. About 60% of the cuts will affect support functions, including developers. At the same time, the bank reported higher quarterly profit and announced a £500 million share buyback. British bank Barclays announced on 22 October 2026 that it will cut around 5,000 jobs — roughly 5% of its global workforce — as part of an efficiency programme using AI. About 60% of the cuts will affect support functions, including developers. At the same time, the bank reported growth in quarterly profit and announced a £500 million share buyback.
Sevara AzamovaThe Ministry of Justice of Uzbekistan announced amendments to the instruction on the procedure for opening, maintaining and closing bank accounts. The document was registered on 20 October 2026 under number 3420-3. For entrepreneurs subject to rehabilitation, external administration or liquidation, a special account is opened, and operations on main and auxiliary accounts are suspended. Citizens will be able to obtain information about all their accounts at any bank and open accounts using a biometric passport.
Javlon TursunovA power failure at a Google Cloud data centre near London on Tuesday caused disruptions at banks Revolut, Lloyds and HSBC, as well as retailers and delivery services. Google said the incident began at 06:08 GMT in the europe-west2 region and expected full recovery by 13:00 GMT.
Javlon TursunovMass protests in France triggered a sell-off on European exchanges: the CAC 40 lost 1.56%, the DAX 40 fell 1.36%, and the FTSE MIB 30 dropped 1.77%. Shares of BNP Paribas, Societe Generale and Credit Agricole fell 2–2.5%, AXA fell almost 2%. The euro declined against the dollar, government bonds came under pressure, and the France–Germany yield spread stood at around 140 basis points.
Nilufar KarimovaThe Central Bank of Uzbekistan announced that on the weekend of October 17–18, branches of 24 commercial banks will be open: currency exchange and money transfer points will operate there. Working hours may vary depending on the branch.
Dilnoza Rahimova
