H.E. Dr. Ahmed Abdulkarim Alkholifey, Governer of SAMA to Open MEFTECH 2019 

MEFTECH Innovation Awards 2019 Shortlist Announced

  
HE Dr. Ahmed Abdulkarim Alkholifey, Governor, SAMA

HE Dr. Ahmed Abdulkarim Alkholifey, Governor, SAMA

MEFTECH 2019, 24 - 25 February 2019, Four Seasons Hotel, Riyadh

Riyadh: H.E. Dr. Ahmed Abdulkarim Alkholifey, the Governor of Saudi Arabia Monetary Authority (SAMA) will officially open MEFTECH, on 24th February 2019, 9:00 am at the Four Seasons Hotel, Riyadh presenting the opening speech at the leading two-day banking, Fintech and payments conference and exhibition. MEFTECH initiated, in collaboration with mada, the national payment network, and SADAD Payment brings together leading industry experts who will address industry trends and issues around mobile payments in the region, digital transformation in banking, driving cashless payments in Saudi Arabia, artificial intelligence within the e-commerce industry, impact of blockchain on payments and the future of digital currencies.

In recognition of the fast-paced developments in the sector, the inaugural MEFTECH Innovation Awards will take place next week celebrating achievements and innovations in the Saudi Arabian Fintech ecosystem. The shortlisted entries from leading banks and financial institutions have been announced across the following categories: Best digital product of the year; Best use of emerging or innovative technology; Most innovative solution for banking customer authentication; Fintech leader of the year and Fintech marketing campaign of the year.

The Saudi Investment Bank for their smart kiosk, to instantly issue and print embossed credit cards; Bank AlBilad - for their digital bank account opening service and POS terminal to remit funds; HyperPay for Hyperbill their digital invoicing system; PointCheckout for their payments gateway for loyalty points; Alhamrani Universal for their use of biometrics to identify customer access at ATMs; Alinma Bank for their service to open bank account via mobile apps; HalalaH for the first licensed digital wallet in KSA; STC Pay for their digital wallet; and Saudi Payments for advancement with technology in payment systems. 

Innovations and future transformation will present a core theme at MEFTECH 2019 with a dedicated Fintech Start-Up Zone for early stage start-ups from across the MENA region to exhibit and present their ideas or products to potential investors, Government officials and industry experts.

Joining the lineup of esteemed speakers and panellists at next week’s MEFTECH 2019 will be: Saeed A Siddiki, Head of Digital Reinvention, IBM who in his keynote titled “KSA Digital Banking: the now and forward” will share his perspective on transformations in digital banking and expected trends.  Esam Alnahdi, Co-founder & CEO, HalalaH, Saudi's first & leading e-wallet based in Riyadh, will host a panel discussion about “Building the optimal fintech ecosystem”.

Chris Skinner, renowned international Fintech commentator, will discuss wearable devices, following last year’s launch by Riyadh Bank of the Kingdom’s first-ever range of contactless payment wristbands, as he hosts a panel discussion on the opportunities in the country for similar wearable devices as a mode of cashless payments and also the challenges that may arise.

Blockchain developments and adoption by the banking industry will also be addressed as Nouf Alhaqbani, CEO, Dar Bedaya Advisors; Saqr Ereiqat, Innovation and Healthcare, IBM; Ramana Kumar A, SVP – Head of Payments, First Abu Dhabi Bank (FAB) and Muhammed Mahmoud, Nexxus Payment Group come together to debate on digital identity, data protection, privacy, and the potential risks of distributed ledgers.

For full details on the conference programme which is FREE to attend, register at www.meftechksa.com  

-Ends-

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases