The Estonian company Mindware in collaboration with BEST Solutions proposed Azerbaijani banks mobile electronic signature Asan Imza as part of a mobile banking application Mindware.
According to the head of the Azerbaijani- Estonian Chamber of Commerce, founder of the company BEST Solutions Jan Krimpe, application of Mindware will not hurt the business world of Azerbaijan, as it is widely used by banks, credit organizations, state treasuries and other financial institutions in the Nordic countries , the Baltic States and the CIS.
"Mobile banking app Mindware provides the ability to quickly and safely perform financial transactions , make payments , convert and transfer money using a smartphone .
Bank customers can manage their bank account , regardless of where they are . In turn , "Asan Imza" increases the efficiency of the application is providing a safe and intuitive method of authentication , "- said Krimpe .
According to the founder of BEST Solutions, Asan Imza is the only safe solution for mobile digital signatures in Azerbaijan. The solution will be demonstrated in Estonia's national pavilion at BakuTel 2013, which will take place at the Expocenter in the capital on December 2 to 5. - 17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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