Panel discussion: future-ready fintech: unveiling innovations and game-changing strategies with industry pioneers

The 24 Fintech event highlighted cutting-edge advancements in blockchain, artificial intelligence (AI), and open banking, reshaping the financial industry.

Panel Speakers

• Hussein Buhaliqah: Chief Digital & Transformation Officer, Derayah Financial
• Kelvin Tan: Chief Executive Officer, Audax
• Lama Yammine: Serial Entrepreneur and Investor, OPTO
• Purvi Munot: Co-Founder and CEO, Sav

Key Takeaways

1. Blockchain Beyond Cryptocurrency
Blockchain drives secure, transparent transactions, including cross-border payments and smart contracts.

2. AI Driving Efficiency
AI enhances customer experiences with real-time fraud detection, automation, and personalized insights.

3. Open Banking Empowering Customers
Open banking fosters innovation through secure data sharing, offering customers more control and better services.

Overcoming Challenges

Regulatory complexities require collaboration between innovators and regulators to ensure balanced growth and consumer protection.

The Future of Fintech

Emerging priorities include:

• Personalization: Data-driven financial solutions.
• Security: Advanced encryption and biometrics.
• Sustainability: Eco-friendly financial products.

Conclusion

Fintech innovation is transforming the industry. Businesses must embrace technology, enhance customer experiences, and address regulatory challenges to stay competitive.