The Inaugural World FinTech Summit Virtually Convened Saudi FinTech Leaders To Discuss Its FinTech Ecosystem

dWeb.News Article from Daniel Webster dWeb.News

ASIA NEWS:

Delhi, India, Dec 23, 2021 – (ACN Newswire) – World FinTech Summit – KSA which took place on 6 December 2021, attracted some of the prominent voices in the FinTech space such as Ihab Hawari Chief Information Technology Officer, Aljabr Holding; Yahia Kafi, CFO, ALJ Enterprises; Ali Alomran, Financial Technology Expert; Faisal Alyousef, Chief Business Officer, Saudi Financial Technology – Alinma Bank; and Loredana Matei; Founder, Finsight.news to name a few.
More than 200 FinTech professionals, business leaders and innovators, as well as government officials and startups from all over the globe attended the summit. They shared groundbreaking insights into the FinTech industry and discussed future strategies.

The show covered key topics like the FinTech landscape in KSA, FinTech industry leaders, innovators, government officials, and startups from around the world. It also included API’s, convergence between FinTech, other sectors, and Convergence among FinTech, and other industries.

Ben Lloyd, Head of Digital Product, Banque Saudi Fransi discussed at length The FinTech and banking landscape in KSA. He said that “with the changing banking system as a result open banking, we see other organisations use this opportunity to start API services. “

Dr Makoto Shibata, Head of Finolab, Chief Community Officer, FINOLAB Inc. in his keynote spoke about how Covid-19 has speeded up digital transformation and has changed the relationship between banking and customers. He also spoke about how existing businesses can improve their business in order to reduce costs or improve efficiency.

He further stated that, “FinTech was thought to be disruptive but we saw that more collaborations happening between startups and financial institutions and this collaboration between them would be the main driver for improvement. “

World FinTech Summit – KSA also saw an engaging panel discussion on the topic’ Convergence between FinTech and other sectors’ which was moderated by Shadi Dawi, Chief Program Director, TECHx Media.

The panellist discussed how FinTech has not only continued to innovate in the banking and financial sphere but have also moved to advise and guide companies from all sectors in their digitization processes.

The panellists included Hesham Saad Al Ghamdi, Group Chief Data and Analytics Officer, Abdul Latif Jameel; Essam Fawzy, Senior Program Manager, FinTech Consultant, Saudi British Bank; Bader Alswailem; Chief Executive Officer, Yanal Finance Company; and Anuscha Iqbal, CEO, Spotii.

According to Mithun Shetty, CEO, Trescon, “To stay ahead financial institutions who are unable to adapt and make improvements in their operations will be left behind in this new wave of technological innovation.” He added that FinTech doesn’t just refer to the convergence between finance and technology. The future direction of market changes will be determined by FinTech. To be successful, financial institutions need to make changes. “

The show was hosted on the virtual events platform Vmeets which helped the participants to network and conduct business in an interactive and immersive virtual environment. In addition to being able interact with speakers during Q&A sessions, participants were also able network with solution providers via private consultation rooms, virtual exhibition booths and private networking rooms.

World FinTech Summit – KSA was officially sponsored by Silver Sponsor – Spotii and Bronze Sponsor – Sary Technologies.

About World FinTech Summit – KSA

World FinTech Summit is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world.

As part of the world tour, the inaugural edition in KSA is virtually gathering pre-qualified CFOs, CEOs, CTOs, Heads of Business Transformation, Chief Digital Officers, Heads of Innovation and International finance experts from the industry.

The summit features exciting keynotes, enterprise use-case presentations, product showcase, panel discussions and tech talks to discuss the latest challenges for the sector arising out of the pandemic situation. Explore the impact of next-generation financial solutions presented by global leaders on your organization.

About Trescon

Trescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon specializes in producing B2B events that are highly targeted and connect businesses with opportunities via conferences, roadshows (expos), demand generation, investor connect, and consulting services.

For further details, please contact:
Karthik, Marketing Lead, Trescon
marketing@tresconglobal.com


Topic: Press release summary

Source: trescon
Sectors: FinTech

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