Finperform’s Post

Saudi Arabia Welcomes Money20/20: Tahaluf Discusses Its Role in Riyadh's Fintech Push: As Saudi Arabia continues its journey into a fintech powerhouse under Vision 2030, the arrival of Money20/20 Middle East in Riyadh next year ...

24 Fintech Summit One of the biggest fintech developments currently is the debut of the 24 Fintech Summit in Riyadh, Saudi Arabia, running from September 3-5, 2024. The summit is attracting significant attention with over 26,000 attendees, 300 exhibitors, and 200 investors. It is positioned as a key event driving fintech innovation and bringing together top industry leaders to discuss pressing financial industry issues, such as governance, regulations, and technological transformations impacting financial services. The summit is a major initiative under Saudi Arabia’s Vision 2030 and aims to boost Riyadh’s global status as a fintech hub(Gulf Business). Another important development is the ongoing extension of a comment period by U.S. financial regulatory bodies (OCC, Federal Reserve, FDIC) to gather more insights on bank - fintech arrangements. This extension is meant to explore the distribution of banking products and services through fintech platforms, reflecting a focus on fostering collaboration between banks and fintech firms while ensuring proper oversight(OCC.gov).

Financial control at your fingertips. Saudi startup Tweeq is taking customer experience to a new level in MENA-P with smart spending features and advanced security. In the Middle East, North Africa and Pakistan (MENA-P), a financial revolution is underway, and Tweeq is in the vanguard of it, reshaping how individuals and SMEs manage their finances. In pages 94-95 of The Power 50 Annual Guide, Tweeq offers a different financial experience, learn more here: https://lnkd.in/eT__-Ycw. Subscribe now to The Power 50 and stay up to date on the latest and greatest fintech insights https://lnkd.in/eUk8ANSn. #fintech #financialservices #payments #fintechpower50

Seamless Saudi Arabia 2024 is set to highlight the future of eKYC, digital banking, and an open financial system, with Saudi Arabia leading the way towards a cashless society. The advancements in payments innovation, digital wallets, and contactless solutions are reshaping the way businesses and consumers interact. By leveraging data and platforms, the region is paving the path for a seamless and innovative financial landscape. https://lnkd.in/gwMwFqwq #SeamlessSaudi2024 #Fintech #DigitalBanking #eKYC #CashlessSociety #PaymentsInnovation #DigitalTransformation

Money 20/20 Europe 2024: Day Three in Amsterdam On the final day of Money20/20 #Europe 2024, we heard insights into HSBC's multi-currency app Zing, fintech funding and carbon credits. At the Na.i.ture Stage, Suzy Al Zeerah, COO at Bahrain FinTech Bay, and Dr. Erkan KORK, chairman of BankPozitif , discussed how the #MiddleEast and #Turkey are advancing so quickly. Suzy Al Zeerah offered advice to prospective firms looking to expand: “For anyone looking to scale up to the Middle East, you have to have a multi-country strategy. You’re not going to go to one place and operate out of just that place. Talking about the GCC itself, the market size is around 64 million people. You have to service everyone across the board and the entire region. Read More: https://lnkd.in/eRfjX49A

Don’t miss out on #FintechSaudi Hourly Workshops to get an overview of the Saudi Fintech Ecosystem. Book your day and visit us at #24Fintech! https://shorturl.at/keNyw

Seamless Saudi Arabia 2024 is set to highlight the future of eKYC, digital banking, and an open financial system, with Saudi Arabia leading the way towards a cashless society. The advancements in payments innovation, digital wallets, and contactless solutions are reshaping the way businesses and consumers interact. By leveraging data and platforms, the region is paving the path for a seamless and innovative financial landscape. https://lnkd.in/gENM52wi #SeamlessSaudi2024 #Fintech #DigitalBanking #eKYC #CashlessSociety #PaymentsInnovation #DigitalTransformation

I am happy to contribute an article for Kuwait Financial Centre - Markaz's latest Investor's Vantage publication. The payments ecosystem in Kuwait is maturing with a positive outlook and is driven by key factors, including: 📱 The contribution of digital transactions to the country's payments 🏛 The push from the government in promoting digital payments 👨💼 The inclusion of tech-savvy young adults in the financial ecosystem, and 🚀 The collaboration of fintech startups with the large traditional players Marmore MENA Intelligence You can check the full publication here: https://lnkd.in/dpRyEHZE #payments #kuwait #fintech

LemFi secures $53M to transform cross-border remittances, strengthening Africa’s fintech influence. By addressing remittance inefficiencies, LemFi aims to enhance financial accessibility for Africans globally, promoting seamless, affordable transactions. This milestone reinforces Africa’s growing position in the global fintech ecosystem. Read more here: https://lnkd.in/eE58uhVC #FintechRevolution #AfricaRising #GlobalImpact

I just registered to attend #24Fintech! From 3-5 September in Riyadh, Saudi Arabia. Join me at the fintech movement uniting the global ecosystem and meet with 26,000+ attendees, discover the latest fintech trends from 300+ global brands and hear insights from 200+ fintech experts. Register for your complimentary ticket now: https://lnkd.in/gSqvS-Gq #24Fintech #BeyondBordersBeyondTime #TechMantra #DigitalTransformation #DataAnalyticsAI Looking forward to it!