The State of Qatar will convene the 2nd edition of Fintech Finance Technologies Conference on May 31, with the participation of several international bodies, banks, and institutions.
The conference features keynote speakers from Qatar and the Middle East in the area of banks, financial services and IT, along with representatives of international institutions and organisations to discuss a wide range of techniques and orientations to endorse fintech in financial sector, including how regulatory bodies can effectively capitalise on these techniques to build and create business models and good practices that serve emerging market's requirements and keep abreast of global developments.
The event seeks to provide an attractive atmosphere for investment and best practices pursued by the countries that achieved a major progress in utilising this technology by highlighting Qatar's experience.
The attendees include technical solutions' providers, investors, representatives of financial and banking institutions, insurance companies, law and accounting institutions and offices, technology consultants and regulators of digital banking and financial sector activities, along with end users of digital financial technology services.
Chairman of Qatar Association of Certified Public Accountants Dr Hashim al-Sayed said the evolving atmosphere of financial sector precipitates the importance of finding a space for discussion due to changes, opportunities, and challenges.
He pointed out that the conference will address many themes, including fintech innovations and ways to employ them in bolstering operational processes of financial and banking institutions, payment and transfer companies along with fintech's role in facilitating compliance with rules of combating money laundering, bolstering transparency, overcoming financial and economic crises, as well as fintech and digitisation's future and challenges and ways to protect clients in light of digital transformation.
Financial industry has recently witnessed an increasing interest in fintech and utilised it in developing banking and financial sector, Dr al-Sayed outlined, noting its impact on daily life, adding that provision of financial services largely depends on technology, alongside artificial intelligence (AI), noting the Qatar FinTech Strategy 2023 launched by the Qatar Central Bank in line with Qatar National Vision 2030 aims at boosting diversified economy and investment in a knowledge-based economy.
He also emphasised that such a strategy focuses on development and diversification, in addition to upgrading the competitive abilities of fintech and financial services in Qatar through entrepreneurship in infrastructure with the provision of solutions that positively affect clients' experience.
Dr Hashim al-Sayed.
