BENEFIT recently announced that it will sponsor the third edition of the E-payments & online banking summit, which is organized by British company EastMed. The summit will be held from from April 8, 2020, to April 9, 2020, at the Gulf Hotel Bahrain, as per the joint statement that was issued on the occasion of signing the agreement between the two parties.
On the occasion, BENEFIT CEO Mr. Abdulwahed Al Janahi commented: “We are pleased to be the Diamond Sponsor of the e-Pay Summit and support it for the third year in a row, as we believe that organizing this summit in the Kingdom of Bahrain enhances the utilization of the participants’ local, regional and global expertise. In the summit, we also recognize successful international practices in this regard, and we familiarize the attendees with the latest technical solutions and national projects implemented by BENEFIT, under the supervision of the Central Bank of Bahrain and the Kingdom of Bahrain’s orientation towards leading the field of fintech in the region.”
Commenting further, Mr. Al Janahi added: “In the past few years, BENEFIT has been able to achieve many paradigm shifts in the field of electronic payment and provide many facilitations for institutions and individuals. This contributed to finding flexibility and seamlessness in commercial transactions and financial claims in general, as we also launched a set of services that enhance the mechanisms of electronic payment.”
For his part, EastMed Regional Director Mr. Essa Sayyar stated: “We are delighted to organize this significant event in the Kingdom of Bahrain for the third year in a row. We also thank the Central Bank of Bahrain for its patronage and sponsorship of the summit, as this indicates the leading role Bahrain plays in the banking industry and the field of fintech on the level of the Middle-East, and the good reputation that the summit enjoys in the banking sector and the field of fintech. On this occasion, we are very pleased to thank BENEFIT for its constant support and diamond sponsorship of the summit in its third edition, as it has effectively participated in the works of the summit during the last two years.”
Mr. Sayyar added: “The 2020 edition will highlight the encouragement of discussions that involve strategic issues in the field of payments and banking technology, and will focus on the consumer experience that covers important topics such as the impact of artificial intelligence on payments, e-commerce, cross-border payments, central bank digital currencies, real-time analysis, digital identity, and competing banks.”