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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    "Arab Banks" demands a legislative framework for payment institutions that support financial inclus

    Rocky
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    • Post n°1

    payment - "Arab Banks" demands a legislative framework for payment institutions that support financial inclus Empty "Arab Banks" demands a legislative framework for payment institutions that support financial inclus

    Post by Rocky Mon Apr 30, 2018 5:56 pm

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    2018/04/30 19:40

    (Encyclopedia of this Day News | [You must be registered and logged in to see this link.] ) - Cairo - directly: called on the Arab Banks Union at theend of its meetings on Monday evening in Cairo , Arab financial institutions to establish private institutions payment that contribute to the development of technological and financial products and help to mainstream financial inclusion services - expanding legal frameworks Banking - By enabling marginalized segments to access the payment system.

    In its final statement, the Union recommended that Arab banks should establish an effective regulatory system to ensure the safety of payment systems, including all customers, which will enhance the confidence of customers in the Arab banking sector, according to the Middle East News Agency. Traditional methods of cash use.

    The participants called for the need for the various components of the Arab banking sector to train their employees in the mechanisms and techniques of financial technology due to their role in diversifying economic activity.

    The Association stressed the need to strengthen the partnership between the public and private sectors in the Arab region to meet the challenges of innovations in financial technology to reach the services of both sectors faster and easier.

    He recommended encouraging Arab central banks to keep abreast of artificial intelligence and the transition of banking from the traditional economy to the digital economy.

    In the statement, the participants called for the establishment of an observatory to gather information, follow up developments on the issues of financial technology and expand the culture around them.

    The activities of the Union of Banks were held for two days under the auspices of the Central Bank of Egypt entitled "Innovations of Financial Technology and the Future of Banking Services" with the participation of 600 Arab banking and finance personalities and the attendance of the Secretary General of the League of Arab States, Ahmed Aboul Gheit.


    Note: The content entitled "Arab Banks" requires a legislative framework for payment institutions that support financial inclusion (published first on the "Mubasher" site) and the encyclopedia of this news day is not guaranteed in any way. 
    You can find out the details of this address ("Arab Banks" require a legislative framework for payment institutions supporting financial inclusion) through its original source (ie, a website).


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