BENEFIT attends regional meeting and open banking workshop in Abu Dhabi

BENEFIT attends regional meeting and open banking workshop in Abu Dhabi

Manama, Bahrain: BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has officially participated in the 9th Meeting of the Regional Fintech Working Group held in Abu Dhabi recently. Additionally, BENEFIT also took part in the Workshop on Successful Implementation of Open Banking / Finance Frameworks and Standards, which was also held in Abu Dhabi. These events brought together key players in the Fintech sector to explore emerging developments, collaboration opportunities, and discuss insights on developing open banking initiatives and frameworks.

At the 9th Meeting of the Regional Fintech Working Group, delegates from BENEFIT, Latifa Al Mutawa, Head of Bahrain Credit Reference Bureau and Shafaq Al Kooheji, Head of Payments Services joined industry experts from across the Arab world. This meeting, hosted by the Arab Monetary Fund and attended by leaders from central banks and monetary authorities, addressed trending fintech topics, including central bank digital currency, digital and neo banks, crypto assets, and green and sustainable fintech. The sessions also looked into emerging themes such as embedded finance and decentralized finance, showcasing the industry’s shifting landscape.

Following the meeting, the BENEFIT team took part in the Workshop on Successful Implementation of Open Banking / Finance Frameworks and