The Conference discussed the future of traditional financial services in light of booming financial technology innovations by underlining the latest developments in the FinTech sector, the future of banking services and the challenges facing these developments. It also tackled the concepts of strengthening the control of electronic banking operations and the role of governments, central banks and financial markets in achieving Financial Inclusion.

Commenting on the sponsorship, Capital Bank Chief Executive Officer, Ala Qumsieh highlighted the importance of supporting the conference at a time where the world is witnessing a technological revolution at all levels that is reshaping the services industry overall and financial and banking services specifically.

Qumsieh pointed to the importance of the subjects raised by the Conference regarding FinTech innovations and their impact on the banking sector in the region, as well as the need for banks to play a pivotal and effective role in this field by keeping pace with the latest technological developments in order to improve the level of services offered to customers on the one hand, and contribute to achieving financial coverage and access to financial services to new categories of clients not dealing with banks on the other, as a tool for accelerated economic growth.

He further praised the role played by the Union of Arab Banks in supporting the banking sector in the Arab world, emphasizing the most significant issues and the latest developments related to the banking sector, in addition to providing a common platform for presenting these issues, discussing them and making key recommendations in their regard.