E-payment and online banking summit

Manama : Under the Patronage of Central Bank of Bahrain, the annual Electronic Payments and Internet Banking summit will be held in the Kingdom of Bahrain on 27–28 March 2018 and will be chaired by of Abdulkarim Bucheery, Chairman of the Bahrain Bourse.

The summit is organized by EastMed Limited, a London-based company, and in partnership with Bahrain Bourse, Information & e-Government Authority, Tamkeen and the Bahrain Banking Association. In addition, several Government bodies such as, the Economic Development Board, Electricity & Water Authority, Social Insurance Organisation, and many others have expressed their interest in participating. 

The summit is sponsored by Tamkeen, Al Baraka Banking Group, Arab Financial Services (AFS), Benefit Company, Bahrain Islamic Bank, Ibdar Bank, Bahrain Telecommunication Company  (Batelco), Securities & Investment Company (SICO), C5 Accelerate, Kuwait finance House (KFH), Global Payment Services Company (GPS) and One Global Group.

Bucheery said, ‘The summit is an ideal, practical opportunity to highlight the role of Bahrain in the field of government and electronic banking and the use of facilities and electronic devices (Fintech) used to complete transactions in the public and private sectors, which provides a positive, nurturing environment for various businesses. The conference will also discuss the latest developments in the field.’ 

Bucheery added, ‘The Electronic Payments and Internet Banking summit is a real opportunity to discuss strategies, policies and mechanisms and then devise practical proposals and solutions to develop the business environment and make it an attractive environment for internal and external investments. 

The summit will shed light on the best practical applications in the field of operations and electronic banking (Fintech). It is pointless to talk about productive working environments in sectors such as finance and banking without mentioning the Importance of providing effective tools and mechanisms to facilitate smooth operations. This will be done through lectures and workshops by experts, academics and executives in this field as well as reviews of successful experiences and stories from the public and private sectors demonstrating remarkable achievements in this area.

Bucheery noted that national economies, governmental organizations and non-governmental organizations could not provide services or products that satisfy customers without continuously improving their services in terms of quality and price. He added, ‘We should not lose sight of our plans in the service delivery process. The question of competitiveness is to maintain the best in terms of services, product and price.“