Ucom Supports Youth Environmental Education Ucom Supports the Next “SunChild” Festival in Armenia France defense minister: Armenia will be provided with short-, medium-range missiles if necessary Kremlin: Armenia has not officially notified about CSTO membership suspension MoD: Armenia army did not fire at Azerbaijani positions With the support of Ucom, the 18th annual international microelectronics olympiad was held AMD 3,500,572 to the “SOS Children’s Villages” Armenian Charity Foundation IDBank’s new offer for business With Ucom’s Level Up tariff plans subscribers have unlimited access to Netflix, Duolingo and Zoom During EURO 2020 Ucom subscribers to take part in the uMeter voting and draw Let’s weave kindness: The “Power of one dram” initiative is one year old. On June 1, events were held with the financing of IDBank 

Go Digital or Go Home: Sergey Arakelyan

Socity

Last month, leading experts from the global financial sector gathered in Amsterdam at the Global Digital Transformation Summit in Banking and Insurance, organized by the prestigious European company, Kinfos Events.

Sergey Arakelyan, the Director of Digital Transformation at ID Group, was one of the keynote speakers at the summit, where he presented IDBank's digital transformation strategy, including joint developments with Idram, and discussed the challenges and upcoming innovations. It’s worth noting that Idram and IDBank started their strategic partnership in 2018, and since April 2023, both companies have been part of the ID Group.

The DXB Summit serves as a global platform for experience sharing, where experts from various countries discuss and analyze rapidly evolving technologies in banking and insurance services. Key topics at the summit included artificial intelligence, automation, machine learning, robotic process automation (RPA), generative AI, cloud solutions, data management, payment transformation, cybersecurity, digital assets, embedded finance, Web3, open finance, insurance ecosystem development, and emerging opportunities.

As a Fintech pioneer in Armenia, IDBank found this platform valuable for showcasing its digitalization achievements. One of the key highlights was the successful creation of a joint digital platform with Idram, which expands the range of digital services available on the Armenian market.

“Go digital or go home,” said Sergey Arakelyan, describing IDBank’s approach to innovation. Since 2018, the Bank has introduced several groundbreaking products to the Armenian market, including remote online identification, over 500 payment services within its app, the digital loan Rocket Line, QR code payment options at 22,500 merchant locations and over 1,000 online stores, as well as remote access to a variety of banking services.

COMPANIES ARE REGULATED BY CBA

Go Digital or Go Home: Sergey Arakelyan Yes to cashless! - cruises and gifts for AraratBank MC cardholders Ucom joins Armenian Internet Governance Forum as a platinum partner AraratBank: Five-Time Winner at AMX Awards 2024AraratBank Initiates a Panel Discussion on AI and LeadershipKhachaturian International Youth Competition launched in China with performance by “Music for Future” Foundation’s Cellist Mari HakobyanUcom Employees Participate in Forest Restoration Efforts in Vayots Dzor Fast Shift has joined Idram's open QR infrastructure New and modern. Arabkir branch of IDBank reopenedAraratBank: Unprecedented Consumer Loan Offer Starting from 14.5% Ucom launches 5G network across nine Armenian cities Learn to save. World Savings Day with Idram Junior Another solar power plant by Ucom and SunChild NGO installed in Vardenis Converse Bank and Kapitalbank signed a cooperation agreement at Sibos 2024 IDBank and Idram at Mantashyants Global Expo AraratBank Introduces UBPAY: A New System for International Transfers IDBank participated in the HR Expo-24 conference Armenia Hosted the Consulting Event of the Year: International CMC Conference was held with Participants from 30 Countries AraratBank Sponsors New Laboratory and Seminar at MatenadaranUcom, in cooperation with SunChild NGO, increases the access to drinking water in Lchavan community Ameriabank’s New Offer: Draw of Investment Portfolios for AMD 2M The International CMC Conference kicked off for the first time in Armenia, bringing together management consultants and the business community General Director of Ucom Participated in the Annual Conference of the Institute of Internal Auditors Armenia AraratBank Expands International Transfer Options with Golden Money System Ucom Completes Network Modernization in Gyumri and Vanadzor Ameriabank’s Special Offer for New Mastercard Holders. 1% Cashback and Lots of GiftsGeneral Director of Ucom Delivers a Lecture at Leadership School Idram Junior and Koreez Summarize the Results of the Junius Financial Education CompetitionUcom has published the 2023 financial audit report UBPay has joined IAMTN Payments Network The Armenian Conference Interpreters Association Celebrates the International Translation Day Idram Announces the Launch of a Unified QR Infrastructure – Idram for AllAraratBank and SIA: Ongoing Partnership for Social Entrepreneurship Ucom and SunChild NGO have installed a following solar power plant in Chakaten settlement Ucom and Impact Hub Yerevan Launch the Ucom Fellowship Incubation Program Armenia hosts the most prestigious International CMC Conference and the "Constantinus" Award Ceremony Nokia and Team Telecom Armenia bring 25G PON commercial services to customers across Armenia Ucom and SunChild NGO Bring Renewable Energy to Syunik's Borderline Regions Junius: A Financial Literacy Game in the Idram Junior App Around 100,000 households are making use of Team's Internet; 2nd quarter indicators Ucom Successfully Concludes uGeneration Summer Internship Program Converse Bank has joined the UN Global Compact Initiative Ucom Launches Special Promotion for Students Ahead of Academic Year Ucom General Director Ralph Yirikian Becomes First Guest Speaker at "Skills Lab" Ucom, in Cooperation with SunChild NGO, Installs Solar Panels in Tsaghkavan AraratBank once again completes the bond placement ahead of schedule EIB Global signs first direct loan agreement with an Armenian commercial bank Ucom Launches New Phase of Network Modernization in Armenia’s Regions Free statements and references from IDBankUcom and Sunchild Launch New Phase of Joint Environmental Project