The Middle East Banking AI & Analytics Summit 2024, which will be taking place on February 29 in Dubai, caters to the needs of the banking sector by creating a favorable environment for the seamless exchange of critical information to help banks and financial institutions cut through the complexities and seize the opportunities by getting back to the fundamentals.
With the advent of AI, there has been a significant structural shift in the banking industry, not only in the MENA region but across the globe. As technology evolves, the banking industry will likely see further advancements, focusing on more sophisticated applications and a continued emphasis on improving the customer journey, operational efficiencies, security, and adherence to regulatory standards.
There is huge potential for growth in AI & Analytics adoption across the banking sector, and there is an enormous opportunity for those entities that choose to seize it. However, certain challenges and a range of factors contributing to their relatively low AI maturity hinder positive business outcomes.
This necessitates long-term strategic collaborations, building viable partnerships, encouraging knowledge sharing, investing in talent development, community engagement, and a sincere commitment to building sustainable and futuristic banks of tomorrow.
The Summit offers insights into the latest advancements, best practices, and innovative ideas in AI & data analytics specific to the banking sector to stay ahead of the curve. The event opens the door to collaborations, partnerships, and potential business opportunities.
The attendees can experience live demonstrations of relevant AI & analytics tools under one roof and interact with experts. For more details visit the official website of the event.