BENEFIT takes part in Seamless Riyadh 2022

BENEFIT takes part in Seamless Riyadh 2022

Manama, Bahrain - BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, participated in Saudi Arabia’s “Seamless Riyadh” event, through a panel discussion titled “Establishing a Framework for Cross Border Collaboration: Removing Borders with Innovation”. The event took place from November 2nd-3rd, 2022, at the Riyadh International Convention & Exhibition Centre.

The panel was attended by Turki AlAhmed, Manager - Partnerships & Relationships at BENEFIT, alongside other panelists including the Head of Product Management & Saudi FinTech, Global Liquidity & Cash Management at The Saudi British Bank (SABB), the Digital Innovation Manager at The Saudi British Bank (SABB), the Executive Vice President, Head Facilities Management & Engineering at The Saudi National Bank, as well as the MENA GM & VP of Strategic Accounts at TerraPay Middle East. The session was moderated by the Regional Director MEA at Qorus.

BENEFIT shared their perspectives on cross-border money transfer system interoperability, a method enabling local systems to communicate with one another to facilitate faster and more secure money transfers between countries, as well as BenefitPay’s marketplace initiative, which allows money changers and exchange houses to onboard customers and offer international remittance services directly on the app in a seamless and