Formica AI Risk Orchestration Platform Enters the Uzbekistan Market with New Clients: Expanding Across Central Asia

Formica AI, an AI-powered risk orchestration platform, serves as a reliable partner in risk management for a wide range of industries, including banking, payment and e-money institutions, cryptocurrency exchange firms, e-commerce and marketplace platforms, insurance companies, and online gaming providers.

Offering comprehensive solutions in vital areas such as real time fraud detection and prevention, anti-money laundering (AML) and counter-terrorism financing, compliance process automation, Know Your Customer (KYC), and internal audit, Formica AI helps institutions meet regulatory requirements while boosting operational efficiency. It plays a key role in reducing financial crimes and losses while safeguarding corporate reputations.

After achieving solid success in the Turkish market, Formica AI has taken a major step toward regional growth by entering Central Asia. As part of this expansion, the company has welcomed Payme, a leading payment services provider in Uzbekistan, to its client portfolio.

In Uzbekistan, one of the most dynamic fintech markets in the region, Formica AI stands out with its adaptable, scalable, and regulation-compliant infrastructure. Formica AI’s entry into the market—beginning with Payme—marks a significant step in supporting the region’s digital finance and fintech evolution.