The Bahrain Association of Banks (BAB) discussed collaboration and extended its support to the organisers of the "Fintech Road Vision 2022" conference, which will take place on June 28 and 29 in Istanbul, Turkey.

 

The conference covers a wide range of topics, including the future of fintech and banking, digital and open banking, banking sector digital transformation, cryptocurrencies, cybersecurity, fintech startups, the investment ecosystem, and the third generation of financial services.

 

Dr Waheed Al Qassim, CEO of BAB, stressed the association's need to be abreast of numerous worldwide advancements in the financial and banking industries, particularly fintech. 

 

He pointed out the progress and leadership of the Bahraini experience in this field thanks to the proactive vision of the CBB and its implementation of several qualitative initiatives, including the bank's issuance of the framework of the experimental regulatory environment in May 2017, the establishment of a specialised Fintech unit, and the Digital Lab FinHub973, among others. 

 

Dr Al Qassim expressed the support of the BAB for the “Fintech Road Vision 2022” Conference, which is held under the theme of “Accelerating Digital Banking & FinTech Innovation”. He stated that the association is willing to assist financial institutions, banking firms, fintech, and technical companies, and all those interested in attending this event.

 

For his part, the CEO of The Afak Events, the organiser of this conference,  Abd Al Hadi Al Bkai said: “The Bahraini banking sector's legacy and leadership, as well as Bahrain's leading regional reputation and high-quality expertise in the field of finTech, put the kingdom at the forefront of the countries approached to participate in this conference. He affirmed that the conference would showcase the latest technologies in the financial industry through speeches and workshops run by several leading banking industry experts.

 

Al Bkai extended his thanks to BAB for its support for the conference, adding that the conference is also supported by the Banks Association of Türkiye (TKBB), West African Bankers' Association, Intelsa Africa Group, and the Fintech Association of Malaysia among other entities.-- TradeArabia News Service