MANAMA: Al Baraka Banking Group has signed up as a gold category sponsor of the third edition of the GCC ePayments and Online Banking Summit in Bahrain.
Organised by the British firm East Med, the summit is set to take place on April 8-9 at the Gulf Hotel, under the patronage of the Central Bank of Bahrain.
The sponsorship agreement was signed by ABG president and chief executive Adnan Ahmed Yousif and East Med regional director Essa Sayyar.
Mr Yousif said, “The banking industry is undergoing a major transformation with the development and growth of the digital economy. The group has been able, during the past few years, to keep pace with the rapid changes in the field of electronic payment and has achieved unparalleled successes by creating qualitative structural changes and introducing innovative methods in the electronic payment process.”
Mr Sayar said: “The 2020 edition will highlight the encouragement of discussion of strategic issues in the field of payments and financial technology. It will also focus on consumer experience covering important topics such as the impact of artificial intelligence on payments, e-commerce and cross-border payments. In addition, setting controls for digital currency trading.
“The summit seeks to support the financial industry and technology industry to enable them to find the required integration at the local level as well as at the level of the GCC countries, and to find employment opportunities and encourage capital investment through discussions and workshops, roundtable dialogue and accompanying exhibition.
“The third summit is expected to attract more than 400 participants from senior managers, professionals, experts and speakers in the financial and retail sectors, technology and communications from inside and outside Bahrain.”
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