Central Bank and three commercial banks
The Central Bank of Standoff is the country’s financial regulator. Consumer financial services are provided by three commercial banks:
• Commercial Bank of Standoff. Caters to both individuals and organizations and offers international money transfers via SWIFTNet.
• First Partner Bank. Specializes in personal banking, supports QR code payments in its mobile app, and also provides internet acquiring services for small businesses.
• Global Digital Bank. Operates without brick-and-mortar locations or tellers and offers a wide range of products and services, from standard plastic cards and domestic money transfers to a mobile app with multiple features.
Hackers could disrupt banking apps or steal huge amounts from customers and the banks themselves.
3D model at the event venue