Finnovex Middle East

In recent years, the financial services market has boomed globally especially in the Middle east region. Despite the impact of the pandemic, it continues to grow, with a record number of capitalraising deals set to be closed in 2021.

Banks are currently addressing the challenges as a result of changing consumer demands, digital rivals, and increased regulatory compliance through customer-centric innovation strategy led by Open Banking, Agile Transformation, Big data, AI, Cloud, embedded finance and regulatory frameworks policy initiatives that is reshaping how banks have historically worked. Traditional banks have many advantages such as funding customers’ trust.