UAE Banks Federation fuels digital transformation of banking sector

UAE Banks Federation fuels digital transformation of banking sector

- FinTech innovation to consolidate the leadership of the banking sector in the UAE to provide best services to customers in a safe and seamless environment

Abu Dhabi, United Arab Emirates: UAE Banks Federation, the unified representative and voice of UAE banks, organised a webinar on digital banking and financial technology on the 19th of October 2022 in collaboration with RFI Global, which specializes in financial intelligence research and solutions.

The webinar themed ‘Accelerating Digital Banking and Fintech in UAE 2022’, comes as part of the UAE Banks Federation's efforts to promote and accelerate the digital transformation and consolidate the banking sector’s leadership in developing digital solutions that contribute to enhancing the customer experience and keeping pace with developments in financial technology. Thereby continue playing a key role in economic and social development.

The webinar also provided an opportunity to discuss techniques to promote the adoption of financial technology applications and approaches in order to meet the growing requirements and expectations of customers and take advantage of the tremendous opportunities of digital transformation for the development of the financial and banking sector. They also discussed the importance of investing in the development of digital capabilities and identifying best practices for securing financial transactions,