Name: Open Banking Middle East
Start: 2019-11-26
End: 2019-11-28

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Innovating and competing through technology to emerge as the bank of the future

The Middle East is amidst a complete overhaul of it’s banking and financial systems.

A McKinsey research on urban consumers in UAE and KSA shows that at least 80 percent of consumers now prefer digital banking but only 20-25% of them have acquired a product digitally.

The Kingdom of Bahrain too has positioned itself as a center for financial innovation and stability. Infact, the National Bank of Bahrain (NBB) has taken a lead role in evolving the banking industry in the region, by adopting technologies that enable it to deliver new open banking services to its customers. Open banking is a major step towards transforming the financial services industry in the region by enabling greater transparency and inclusivity through open data.

Middle East’s biggest banking revolution is here, are you ready to witness the future of banking?

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Why Should You Attend?

Leverage open banking compliance into an opportunity to innovate, compete and emerge as the bank of the future

Build consumer trust and confidence to enable increased sharing of personal financial data amongst consumers

Develop and upgrade your bank IT infrastructure to support open banking operations

Asses the impact of the latest Payment Services Directorate (PSD2) on Account Information Service Providers and Payment Initiation Service Providers (PISP) in the Middle East