Four Season’s Hotel, Riyadh | 15 February 2024
A Cedar-iBSI Event
In 2024, banks in Saudi Arabia are leveraging cutting-edge technology platforms to spearhead digital transformation, catalyzing a paradigm shift in the financial landscape. Digital Banking and advanced technologies, such as AI, are enabling banks to streamline operations, enhance services, and foster innovation.
The digital lending landscape, in particular, is undergoing a transformative evolution. Banks are leveraging technology-driven lending platforms to streamline the loan origination process, from application to disbursement, enhancing efficiency and customer experience. AI-powered algorithms analyze vast datasets to assess creditworthiness, enabling faster and more accurate loan approvals. Digital lending platforms offer greater accessibility and convenience, allowing customers to apply for loans online, track application status in real-time, and receive funds quickly. This digitization of lending processes also expands financial inclusion by reaching underserved segments of the population.
Overall, the convergence of state-of-the-art technology and regulatory support is driving a seismic shift in the digital lending landscape. This positions Saudi Arabian banks at the forefront of innovation in the financial sector.
iGCB is proud to be a key sponsor at the upcoming Digital Banking and AI Summit in Riyadh on the 15th of February 2024. The summit explores the growing influence of digital technologies in the Saudi banking industry with perspectives drawn from industry experts across global and regional banks and technology players
Dimple G, Business Head- Digital Channels at iGCB, will join leading bankers for a discussion on : REIMAGINING THE DIGITAL LENDING LANDSCAPE IN SAUDI ARABIA. The discussion will focus on how digital lending can foster an efficient lending environment and contribute to the Kingdom’s growth.