AFS to host first MEA FinTech Forum

March 2017

Arab Financial Services (AFS), the leading payment processing company in the Middle East and North Africa (Mena) region, will host the first edition of the Middle East & Africa FinTech Forum in Bahrain on March 29, 2017, under the patronage of the Central Bank of Bahrain.

The event will examine the latest trends and will see a discussion of both the challenges and opportunities in the Fintech sector. It will also provide an analysis of ways in which the financial industry in Mena can adapt to the  technological changes driving the sector forward, a statement said.

The Middle East & Africa FinTech Forum will see participation from a wide range of stakeholders including government officials, regulators, leading professionals and industry experts recognised locally and regionally.

Themed ‘“Fintech disruption in the financial industry”, the forum will provide a networking opportunity for industry experts and key stakeholders.

The event will see an array of impressive speakers from FinTech arena, among them are – Khalid Al Rumaihi, chief executive of Bahrain EDB, Susanne Chishti, CEO of FinTech Circle, Shinjini Kumar, CEO of Paytm Bank, Ramez Dandan, CTO of GCC region for Microsoft, Mark Goldspink, CEO of ai Corp. in the UK, Nagaraj Mylandla, Chairman of FSS and Alberto Alvarez from McKinsey & Company.

The forum will be opened by Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, and will include panel discussions on the move towards a cashless economy; the regional FinTech opportunity; signs and measures of success; disruptive innovations in the financial industry; and more.

Commenting on the forum, the chairman of AFS, Sael Al Waary, said: “FinTech aims to deliver innovative solutions in a rapidly evolving world while disrupting the financial industry. The regional financial sector has developed considerably over the past two decades and with this forum, we are hoping to bring the FinTech ecosystem together, helping connect start-ups, technology companies, investors, financial institutions and regulators to build stronger relationships and create opportunities for everyone.”

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