The banking industry worldwide is undergoing phenomenal change giving the banks an opportunity to relook into its existing business models and take a huge leap towards the future. The shift in consumer’s digital experience, adoption of next-gen technologies, transformation of customer service to customer engagement, mobile workforce with a need to ‘right-size’ the branch network are all an opportunity for regional banks to seize the opportunity and accelerate the shift to digital.
Future Banks Summit – KSA will showcase latest innovations and practical case studies along with interactive panel discussions designed to guide the banking sector in KSA in identifying the right strategy to knock through long-standing resistance and be future ready!
An exciting and timely virtual conference on its way discussing the future of financial industry in KSA driven by innovation and digital advancements with adoption of technologies such as AI, intelligent automation, Regtech, data analytics, cloud migration, cyber security, digital payment models along with tech-driven redefined business continuity planning strategies.
WHAT CAN BANKS DO NOW TO PREPARE THEMSELVES FOR THE LOOMING CRISIS AND ACT WITH CONFIDENCE?
WHAT DOES THE CURRENT SITUATION MEAN FOR FINTECHS AND DIGITAL COLLABORATORS?
Future Banks Summit – KSA will highlight the enabling role of digitalization in reshaping the future of banking. The pandemic has forced digital acceleration at such a massive scale that banks aren’t just looking to transform but forced to reimagine the business. The Kingdom of Saudi Arabia has a robust financial system with a strong economic foundation backed by solid regulatory frameworks and although the COVID-19 induced crisis has had an impact on liquidity, credit demand, risk management and asset quality, the admirable resilience shown by the banks in the kingdom serves as a strategic imperative.
The banks of the future will be the leading incumbent institutions that innovate into digital entities as oil to the wheels of the economy assisting in delivering the 2030 Vision of Kingdom of Saudi Arabia.
The virtual conference will have leaders from the banking industry, senior executives from the financial sector and key technology vendors discuss the strategies and opportunities to create Banks of Future. The key insights and thought-provoking debates will ignite the ideas to redefine the financial services industry in the future. The event will have more than 200 attendees and will be an industry leading platform for the banking industry in the Kingdom of Saudi Arabia.