{"id":85856,"date":"2024-08-27T17:18:17","date_gmt":"2024-08-27T13:18:17","guid":{"rendered":"https:\/\/techxmedia.com\/?p=85856"},"modified":"2025-04-21T17:24:24","modified_gmt":"2025-04-21T13:24:24","slug":"visa-joins-24fintech-as-founding-partner-to-boost-saudi-fintech","status":"publish","type":"post","link":"https:\/\/techxmedia.com\/en\/visa-joins-24fintech-as-founding-partner-to-boost-saudi-fintech\/","title":{"rendered":"Visa Joins 24Fintech as Founding Partner to Boost Saudi Fintech\u00a0"},"content":{"rendered":"\n<p>Visa has officially been named a Founding Partner of 24Fintech, a milestone event for the fintech industry in Saudi Arabia.<br>This collaboration strengthens Visa\u2019s strategic alignment with the Kingdom\u2019s ambitious Vision 2030 goals.<br>Visa\u2019s role underscores its dedication to enabling innovation across digital payments and financial technologies.<br>24Fintech is designed to accelerate fintech advancements and foster collaboration within the financial ecosystem.<br>The event runs from 3 to 5 September 2024 at Riyadh Front Exhibition &amp; Conference Centre.<br>This premier venue is ideal for showcasing fintech developments and global digital transformation efforts.<br>Organizers include the Financial Sector Development Program (FSDP), SAMA, CMA, and the Insurance Authority (IA).<br>They are working alongside Fintech Saudi and Tahaluf to deliver an impactful and well-curated event.<br>Visa\u2019s active involvement signals its commitment to the Kingdom\u2019s economic diversification and innovation priorities.<br>As a Founding Partner, Visa will help elevate the dialogue around fintech opportunities in the region.<br>The company continues to expand its presence through strategic collaborations and local investments.<br>A new Visa Innovation Centre will open in Riyadh, supporting homegrown solutions and fintech startups.<br>This centre will serve as a hub for co-creation, experimentation, and regional product development.<br>Visa\u2019s partnerships also include local stakeholders such as the Saudi Tourism Authority (STA).<br>These alliances are designed to enhance payment experiences and stimulate fintech ecosystem growth.<br>Visa Fast Track helps emerging fintechs scale quickly and integrate into Visa\u2019s global network.<br>Visa Ready offers solutions that ensure businesses are compliant and ready to accept digital payments.<br>Both programs play a crucial role in building a connected, secure, and inclusive digital economy.<br>Ali Bailoun, Visa\u2019s Regional GM, emphasized support for Saudi Arabia\u2019s forward-looking fintech and innovation agenda.<br>He highlighted Visa\u2019s passion for supporting the nation\u2019s evolving financial landscape.<br>At 24Fintech, Visa will display its most advanced digital payment solutions and services.<br>Visa Direct enables secure, real-time transfers to accounts, cards, and wallets globally.<br>Visa Installments offers flexible payment plans that empower consumer choice and convenience.<br>Other highlights include advanced fraud detection tools and seamless contactless payment capabilities.<br>These innovations reflect Visa\u2019s global expertise and regional commitment to digital excellence.<br>Visa will also spotlight fintech collaborations with Tarabut, Beyon, and Thawani.<br>These partnerships drive shared goals in open banking, financial accessibility, and cross-border innovation.<br>Each partner brings unique contributions that enhance the fintech value chain in the region.<br>Visitors are invited to explore these innovations at Visa\u2019s interactive booth, Stand H1.E50.<br>Visa experts will be available to demonstrate technologies and answer fintech-related questions.<br>This experience is tailored to professionals, entrepreneurs, and government officials shaping Saudi Arabia\u2019s financial future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Visa has officially been named a Founding Partner of 24Fintech, [&hellip;]<\/p>\n","protected":false},"author":58,"featured_media":85859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[9639,9621,9690,9682],"tags":[],"contributor":[9732],"class_list":["post-85856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech-emerging-technologies","category-emerging-technologies","category-ksa","category-middle-east","contributor-news-desk"],"featured_image_src":"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2024\/08\/03-11-e1724764687829.jpg","author_info":{"display_name":"Lubna","author_link":"https:\/\/techxmedia.com\/en\/author\/lubna\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/85856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/comments?post=85856"}],"version-history":[{"count":0,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/85856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media\/85859"}],"wp:attachment":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media?parent=85856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/categories?post=85856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/tags?post=85856"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/contributor?post=85856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}