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Day 4 Task at CIB: Highlighting My Favorite Fintech - Fawry. CIB Egypt As part of my internship at CIB, today’s task is to discuss my favorite fintech company and its positive impact on society and the economy. For me, that company is Fawry. Fawry: Revolutionizing Digital Payments in Egypt Founded in 2008, Fawry has transformed Egypt’s payment landscape. It empowers consumers with easy bill payments, mobile top-ups, and online purchases, while helping businesses streamline transactions and reach more customers. Promoting Financial Inclusion Fawry enhances financial inclusion by providing digital payment solutions to underserved populations, fostering economic growth and improving lives. Driving Innovation and Security Fawry’s innovative services, like FawryPay, offer convenient and secure payment options. Its robust security measures build user confidence in digital transactions. Conclusion Fawry’s impact on society and the economy is profound. By empowering users, promoting inclusion, driving innovation, and ensuring security, Fawry is shaping the future of financial services in Egypt. Its commitment to accessible and secure digital payments makes it my favorite fintech company. #CIB_Summer_Internship_2024 #fintech #fawry #digital_marketing

CIB Egypt daily competition : Day 4 I'am so Excited to finish my first week on My Internship at CIB! And today i wanna to talk about my favourite fintech companies and their impact positively on society and the economy One fintech company that stands out to me is Fawry, a leading electronic payment network in Egypt. For me, it's Fawry. Their innovative approach to digital payments and financial services has revolutionized how we conduct transactions. From paying bills and transferring money to topping up mobile credit, Fawry has made financial services more accessible and convenient for millions. Fawry's services have significantly enhanced financial inclusion, enabling people from all walks of life to participate in the digital economy. By providing easy access to financial services, Fawry is empowering small businesses, reducing the unbanked population, and driving economic growth. Their platform has streamlined payment processes, saving time and resources for both consumers and businesses. I'm thrilled to be part of the banking industry during such an exciting time of innovation and progress. Looking forward to learning and contributing to CIB's mission of delivering exceptional financial service. #CIB_Summer_Internship_2024 #Fintech

Day 4 Task at CIB Egypt Highlighting My Favorite Fintech - Valu As part of my internship at CIB, today’s task is to discuss my favorite fintech company and its positive impact on society and the economy. For me, that company is Valu Valu :Revolutionizing Consumer Finance in Egypt Founded in 2017, valU has quickly become a leader in Egypt’s fintech sector, offering innovative buy-now-pay-later (BNPL) solutions. Empowering Consumers: valU provides consumers with flexible payment options, allowing them to purchase goods and services and pay over time. This accessibility helps people manage their finances better and improves their purchasing power. Promoting Financial Inclusion: By offering BNPL services, valU reaches underserved populations who may not have access to traditional credit. This inclusivity fosters economic growth and provides opportunities for many Egyptians to improve their financial well-being. Driving Innovation and Security: valU continuously innovates to meet the evolving needs of its users, ensuring secure and user-friendly financial solutions. Its robust security measures build trust and confidence among consumers. Conclusion: valU’s impact on society and the economy is significant. By empowering consumers, promoting financial inclusion, and driving innovation, valU is shaping the future of financial services in Egypt. Its commitment to accessible and secure financial solutions makes it my favorite fintech company. #Fintech #Digital_Marketing #CIB_Summer_Internship_2024 Farida Elsefary

The fourth day in internship at CIB Egypt Today's competition topic: What is your favourite fintech worldwide? How is their service impacting society and the economy positively? My favourite fintech worldwide fintech enhances and automates the delivery and use of financial services, making them more accessible , efficient and secure for businesses and consumers For example "Fawry for Banking Technology" Fawry operates in the software and services sector focusing on data processing and external services. Fawry is headquartered in Cairo, Egypt. The basic services it provides include paying bills electronically, mobile phone top- up. Fawry is one of the important fintech because it makes any transaction easy immediately without going to the branch of the bank. If you want to buy anything you can buy from Fawry Because it makes it easy to make any transaction or payment and the transaction is executed easily. #CIB_Summer_Internship_2024 #cibegypt #Fawry #Fintech

Looking Back at a Pivotal Moment from Last October Hey folks!!!! I'm excited to share my experience on Day 6 from the India-Malaysia International Immersion and Internship Programme 2023. I had the incredible opportunity to visit Bank Negara Malaysia, commonly known as BNM, which serves as the central bank of Malaysia. BNM plays a vital role in the country's financial ecosystem, including the issuance and regulation of the Malaysian Ringgit (MYR), Malaysia's official currency. Beyond currency management, BNM upholds the security and integrity of banknotes and coins in circulation. Being at the forefront of Malaysia's financial landscape, BNM significantly contributes to the stability and growth of the nation's economy. It plays a crucial role in formulating and implementing monetary policies, ultimately fostering the financial well-being of Malaysia. #IndiaMalaysiaYouthExchange #GlobalUnderstandingForSustainableDevelopment #RoyalCommonwealthSociety #AudaciousDreamsFoundation

Competition Day-4 at CIB Egypt Summer internship 2024. Competition Topic: What's your favorite Fintech worldwide. How's the service impacting society and the economic positively? and I choose to talk about" INSTA PAY". I think it's the favorite Fintech service for everyone using it nowadays. CIB Egypt Farida Elsefary #Summer_internship_2024 #CIB_Summer_internship_2024 #Instapay #Fintech

Hey folks!!!! I'm excited to share my experience on Day 6 from the India-Malaysia International Immersion and Internship Programme 2023. I had the incredible opportunity to visit Bank Negara Malaysia, commonly known as BNM, which serves as the central bank of Malaysia. BNM plays a vital role in the country's financial ecosystem, including the issuance and regulation of the Malaysian Ringgit (MYR), Malaysia's official currency. Beyond currency management, BNM upholds the security and integrity of banknotes and coins in circulation. Being at the forefront of Malaysia's financial landscape, BNM significantly contributes to the stability and growth of the nation's economy. It plays a crucial role in formulating and implementing monetary policies, ultimately fostering the financial well-being of Malaysia. #IndiaMalaysiaYouthExchange #GlobalUnderstandingForSustainableDevelopment #RoyalCommonwealthSociety #AudaciousDreamsFoundation

#CIB_SUMMER_Internship_2024 CIB Egypt 📌 Day 3 of competition ○ ●In this video I take about Digital Transformation. Digital transformation has positively impacted me in several ways: 🔎 increase efficiency: Automation and digital tools reducing time and effort needed for daily activities. 🚀 convenience: Online service and application make tasks like shopping and banking more convenient. 📍 Enhanced communcation: Digital communcation tool facilitate and faster interaction with other 🛑these changes often lead to improved productivity, better decisions and a more connected. #CIB_Internship #LinkedInlearning Farida Elsefary Nader Fouad 📢Digital Transformation in banking with Mr: Hazem Salim

The fourth competition in my journey in CIB summer internship. Instapay is the best FinTech solution It is an app that allows direct access to all your bank accounts and transfer instantly using your mobile device ,it is an electronic payment system that allows users to conduct financial transactions quickly and easily online or via mobile phones. Instapay is the first payment service provider application licensed by the central bank of Egypt to operate over the instant payment network, Enabling instant transfers between banks 24/7 the CBE license entails instapay's full compliance to information security and payment privacy legislation and requirements. Instant Payment Network member banks are integrated into the network to accept and process onboarded customers instructions based on customer authorization. The network member banks are licensed by the CBE to allow InstaPay to process customers' transactions The app guarantees quality as far as the service is concerned; however, with several parties involved in the transaction success, network connectivity and member banks service may impact the desired assurance. It features the ability to pay bills, transfer money, and make various payments in a secure and convenient manner. InstaPay provides you with the transaction status instantly, the status can be one of the following: Successful Transaction: means that the transfer amount is credited to the beneficiary account. Rejected Transaction: means that the transfer was rejected, and the transfer amount is reversed to the sender account. Pending Transaction: which means that the transaction is sent to the beneficiary bank which will executed it shorty. The transaction status will be updated shortly with either being successful or rejected. InstaPay is essential for me as it simplifies my financial transactions, making payments and money transfers fast and secure. #cib #Cib -summer - internship-2024

Day 4 of CIB Egypt Summer Internship, project of Fintech. Ant Group, an affiliate of Alibaba Group, is a Chinese fintech company known for its flagship product, Alipay, a mobile and online payment platform. It has expanded into various financial services, including wealth management, lending, insurance, and credit scoring. Impact on Society and the Economy: 1- Financial Inclusion: Ant Group has significantly increased financial inclusion in China and other regions by providing financial services to underbanked and unbanked populations. Alipay allows individuals and small businesses to participate in the digital economy without needing traditional banking infrastructure. 2- Convenient Digital Payments: Alipay revolutionized the way people in China and beyond handle everyday transactions. It offers a seamless payment experience both online and offline, from e-commerce to street vendors. This convenience has greatly contributed to the cashless society in China. 3- Empowering SMEs: Ant Group provides small and medium-sized enterprises (SMEs) with access to credit through its digital lending services. By using big data and AI, Ant Group can assess credit risk and offer loans to businesses that might struggle to get funding from traditional banks. 4- Consumer Empowerment: Through products like Yu’e Bao, a money market fund within the Alipay app, Ant Group has made wealth management accessible to millions of people. This has encouraged a culture of saving and investment among ordinary citizens, contributing to personal financial growth. 5- Economic Growth and Innovation: Ant Group’s innovations have spurred growth in China’s digital economy. Its services have enabled the rise of new business models and supported the rapid expansion of e-commerce and other online services. 6- Global Influence: Ant Group is expanding its services internationally, partnering with local fintech companies and integrating its payment solutions with global platforms. This has facilitated cross-border trade and helped spread digital financial services to more regions. Ant Group’s impact is profound, particularly in Asia, where it has transformed financial services, making them more accessible, efficient, and integrated into daily life. Its influence extends globally, driving financial innovation and inclusion in various markets. Thanks to Farida Elsefary #CIB_Summer_Internship_2024