The 7th edition of Middle East Banking AI & Analytics Summit 2024 is a one day event which will be held in Dubai to share insights into latest advancements, best practices, and innovative ideas in the field of AI & data analytics specific to the banking sector to stay ahead of the curve.
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, with a focus on more sophisticated applications and a continued emphasis on improving customer journey, operational efficiencies, security & adherence to regulatory standards.
There awaits a huge potential for growth in AI & Analytics adoption across the banking sector and an enormous opportunity for those entities that choose to seize it. But there are certain challenges & a range of factors contributing to their relatively low AI maturity that hinders positive business outcomes.
The Middle East Banking AI & Analytics Summit 2024 caters to the needs of the banking sector by creating a favorable environment for seamless exchange of critical information to help banks & financial institutions to cut through the complexities & seize the opportunities by getting back to the fundamentals.
This necessitates long term strategic collaborations, building viable partnerships, encouraging knowledge sharing, investing in talent development, community engagement and sincere commitment to building sustainable & futuristic banks of tomorrow.
As these challenges are navigated, the banking industry can unlock the full potential of AI and analytics for growth and efficiency by identifying specific & practical uses cases of AI & analytics within their business operations.
