Right line has joined the Technical Committee No. 122 “Standards of Financial Transactions” of the Central Bank of the Russian Federation, represented by CEO Andrey Bloshchetsov.

The main tasks of the Technical Committee are to organize and coordinate the development of national standards for financial transactions, as well as the adaptation of existing international standards in order to increase the efficiency of the Russian financial services sector and its integration into international financial markets.

Vendors of IT solutions play a key role in developing the technology market and improving the efficiency of the Russian financial services sector.

“We expect to make a practical contribution to the work of the Committee. Our experience in developing digital solutions, interacting with banks, and understanding the country’s financial landscape allows us to build a meaningful dialogue with the regulator and Committee members, as well as put forward balanced initiatives and proposals aimed at developing the fintech market and predictive trend analytics,” commented Andrey Bloshchetsov, CEO of Right line.