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TROY is a payment system developed to meet Türkiye’s need for a domestic payment infrastructure and launched in 2016 under the umbrella of the Interbank Card Center. TROY, defined as the domestic payment method embedded on bank cards, credit cards, and prepaid cards, has been opened for joint use by financial institutions in Türkiye. Over time, it has become valid across nearly the entire domestic transaction network and, through collaborations with international card schemes, has gained availab

Ajay Banga, a businessman and development expert of Indian origin, assumed office on 2 June 2023 as the 14th President of the World Bank Group. He is the first person of Indian origin to be appointed President in the World Bank’s more than 80-year institutional history.Carnegie Corporation of New York, "Ajay Banga," Carnegie.org, https://www.carnegie.org/awards/honoree/ajay-banga/. ">【1】 Early Life and Education Born in 1959 in Pune, India, Ajay Banga shaped his education at prominent institu

TEKNOFEST Financial Technologies (FinTech) Competition is a national technology competition organized to support the development of local solutions in the field of financial technologies, in line with Türkiye’s technology-based development program, the National Technology Initiative. The competition aims to contribute to the digital transformation of the financial sector, pave the way for local FinTech startups, and increase the skilled workforce in this field. History and Objective The financia