5 November 2024, Tue |
6:01 PM
Visa has announced its partnership with the first edition of the Arab Fintech Forum – a series of keynotes, panel discussions, and workshops aimed at addressing the problems and possibilities encountered by Fintechs in the present economic context.
With two billion unbanked people and 200 million micro and small businesses lacking access to financial services, streamlining the digitization of cash, enabling contactless payments, and inventing new payment solutions has become critical as we work to increase financial inclusion for those who need it.
Keynote speeches and panel discussions will be delivered by regional and worldwide industry experts and professionals who will share their thoughts and provide solutions for the payment ecosystem at the Arab Fintech Forum.
Fintechs create new solutions that address changing consumer needs and expand payment options for individuals and businesses, resulting in greater financial inclusion.
Commenting on this announcement, President and Founder of the Arab Fintech Forum, Mr. Malik Shishtawi, said: “We are delighted to have Visa, the leading global payments technology company, as a platinum sponsor as we introduce the first edition of the Arab Fintech Forum. In today’s world, the demand for innovative and secure digital commerce solutions has accelerated, requiring Fintechs to evolve and grow faster than ever due to the onset of the COVID-19 pandemic. Working alongside startups, financial companies and leading payments technology companies such as Visa will ensure we can address these challenges and innovate new solutions that will drive financial inclusion across the GCC region.”
Head of Product & Solutions for Central & Eastern Europe, Middle East and Africa at Visa, Otto Williams, commented: “As the world quickly shifts to digital, the need for new ways to pay and be paid is ever more important. Innovators and fintechs are at the center of this shift, building the tools and resources needed to accelerate the growth of fast, secure, and reliable digital payments. We are proud to be a sponsor to the first edition of the Arab Fintech Forum and very much looking forward to working together and providing real-time solutions to meet the needs of individuals and business across the region.”
The first edition of the forum will take place on the 10thof October 2021 at Park Hyatt Doha Hotel in Qatar and will focus on the pivotal role that financial inclusion will play in achieving global economic stability, recovery and growth.
