Fintech Jordan Conference
April 20, 2024 Comment off
Event Overview
the Fintech Summit Middle East With the government strategizing to achieve Jordan Vision 2025 and Economic Modernization Vision 2033, Jordan’s financial ecosystem is witnessing a significant push towards digital transformation. In 2022, the country saw over 78 million electronic payment transactions. Further, the online banking penetration is forecasted to amount to 4.59% in 2023 and the total transaction value is expected to show an annual growth rate (CAGR 2023-2027) of 14.13% resulting in a projected total amount of US$12.25bn by 2027 (Statista).
Even so, with prevailing issues such as cybersecurity, financial and digital exclusion, cross border payments, concentration risk amongst others, the fintech environment remains at a crucial stage. These challenges not only affect the sector but also Jordan’s economic growth as a whole, affecting the results of digital transformation initiatives of the government.
The Fintech Jordan Conference 2024 aims to bring together regulators, policymakers, thought leaders from banks, fintech solution providers, insurance, ecommerce, telecommunication, startups, and innovators who have contributed to the development of digital tools and solutions across the region under one platform. This conference will be the biggest digital banking and fintech gathering in Jordan promoting collaboration among the key stakeholders driving growth and excellence in the industry.