DIGIBANK 2020 - KSA Edition

Touted as the biggest year in digital transformation of banks, what started out as a brief disruption to the operations has become the new norm as we move towards a new world order. This is confirmed with the reports that the banks in the META region will spend up t0 $40 billion on technology by 2022. As one of the sectors that has always been a strong advocate of technology, the truth is that using technology has always been a necessity for the banking sector to stay ahead of the curve as Fintech catches up.

GCC countries have always focused on strengthening their key sector which includes banking using technology as the catalyst. Supported by strong leadership and cooperative regulators, they have always aimed to deliver the best of products and services while reducing operational costs and the turnaround time involved. The rise of emerging technologies such as Blockchain and Artificial Intelligence and only increased the adoption rate of technology which has made banking one of the most future oriented industries. From AI powered chatbots to mobile banking, from Internet of Things powered devices to cashless transaction, the technology has empowered the banks to deliver the next level customer experience and at the same transform their own processes making it more agile, responsive and scalable in real time.

The more digital and faster the world gets, the smaller the window of opportunity for businesses and governments to deliver their products and services to their end users. Artificial Intelligence has arrived as the answer to help augment this window of opportunity and help businesses turn more profitable and lower the costs at the same time. With the detailed insights that AI offers, organizations today have the ability to have a complete tab on their clients and the market and respond accordingly in real time.

Khaleej Times has not only witnessed the rise of the banking sector in the region but also witnessed its contribution in nation building and helping the GCC countries become the economic powerhouses they are today. While technology has been discussed a lot of times, its impact and use in the banking sector has never been discussed on such a massive and wide spread platform ever. Bringing the best of global banking experts and regional banking leaders, Khaleej Times will present the summit in a hybrid environment staying true to its commitment of keeping the safety regulations of its audience in mind.

The summit will further confirm GCC’s rise as a technology hotspot and its commitment to provide a better, safe and progressive financial infrastructure to its people. Marking the start of a new era, banking technology and business leaders charting out a new course for their organizations will be a part of this summit and set the tone for the future.

To Register : https://ktdigibank.com/register