The 4th Annual Future Banks Summit & Awards – KSA: Recognizing Innovation & Resilience in The Kingdom

October 19, 2023 by
The 4th Annual Future Banks Summit & Awards – KSA: Recognizing Innovation & Resilience in The Kingdom
DxTalks

Digital adoption has facilitated more and more payments,” said Przemek Henschke – CIO at D360 Bank at this year’s 4 th Annual Future Banks Summit & Awards KSA, in Riyadh, Saudi Arabia. Over the course of a few years, we’ve witnessed the Middle East make bold moves in order to propel the region’s financial sector toward a future driven by digital transformation. Recognizing the pivotal role that technology has played in the global economy, the Kingdom of Saudi Arabia is set to revolutionize its banking industry, introducing cutting-edge technology and best practices such as Open Banking and Synthetic AI.


Digital adoption has facilitated more and more payments,” said Przemek Henschke – CIO at D360 Bank at this year’s 4 th Annual Future Banks Summit & Awards KSA, in Riyadh, Saudi Arabia. Over the course of a few years, we’ve witnessed the Middle East make bold moves in order to propel the region’s financial sector toward a future driven by digital transformation. Recognizing the pivotal role that technology has played in the global economy, the Kingdom of Saudi Arabia is set to revolutionize its banking industry, introducing cutting-edge technology and best practices such as Open Banking and Synthetic AI.


Highlights –

Best Fintech Firm of KSA 2023 Tweeq – the spending account app built on the



Rising Star Bank of KSA 2023 D360 Bank was the well-deserved winner in this



Best NBFI of KSA 2023 Morabaha Finance won the award for ‘Best NBFI’; their

unwavering commitment to providing long-term sustainability makes Morabaha



Leading Islamic Bank of KSA 2023 Alinma Bank was the winner of the award,

recognizing the value their team continually adds to every aspect of their operations –

from the customer experience to quality standards.


Best Banking Customer Experience SAB won the award for this category; being one

of Riyadh’s largest banks, Saudi Awwal Bank has been an effective partner in

supporting the Kingdom’s economic development, as a consequence of providing an

unparalleled customer experience.


Best Banking Technology Initiative Riyad Bank was the winner in this category, at

the Future Banks Summit & Awards this year. Riyad Bank strives to develop sustainable

client initiatives, making them a reliable financial solutions partner, and a worthy

awardee.


Best Retail Bank of KSA Banque Saudi Fransi was applauded for its sustainable

pattern of growth, positioning the dynamic bank as an institution geared to meet the

expectations of the future.


Top Digital Bank of KSA Bank AlBilad’s team was recognized for continuing to strive

for excellence in the Islamic Banking sector, thus transforming the needs of their

stakeholders into reality.

The organizing committee was proud to have worked alongside reputable partners, through the course of the two-day event: Gold Partners – Denodo, Uniphore, Kyndryl, and Zypl.ai; Bronze Partners – Finshape, AQM Technologies, iGCB + Intellect Design, Creatio and NetXD; Networking Partners – Evam and Selaa; Associate Partners – Synechron, BankCube, AtlLabs and Andersen; Support Partner – IGOAI. 

Through this initiative, Verve Management strived to recognize the resilience, dedication, and success encompassing the works of some of the Kingdom’s top financial institutions. The awards ceremony was the icing on the cake, working to exemplify the commitment of banks and NBFIs in driving innovation and customercentricity.