stc participates in MoneyTech summit 2023

KUWAIT: Kuwait Telecommunications Company – stc, a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, participated in Aljarida’s second ‘MoneyTech 2023’ summit.

Meshary Al-Hamad during the panel discussion entitled “The features of tomorrow’s bank."

Meshary Al-Hamad during the panel discussion entitled “The features of tomorrow’s bank."

stc’s participation in one of the panel discussions falls in line with the company’s role as a digital pioneer in the local and regional telecom and digital solutions landscape.

The MoneyTech 2023 summit was held at the Grand Hyatt hotel, where participating organizations got a chance to discuss key topics that are impacting the fintech community in Kuwait. As part of the discussions, Meshary Al-Hamad, CEO of e-Portal Holding Company (e-Portal), a wholly owned subsidiary of stc, participated in the panel discussion titled, “The features of tomorrow’s bank”.

Alongside his colleagues, Al-Hamad spoke about the role of telecoms in supporting the digital features of banks and the evolving cutting-edge fintech requirements through various innovative solutions. e-Portal offers an expansive line of ICT solutions that can be integrated to various business models in support of the rapidly accelerating digital era.

Al-Hamad emphasized the various disruptions that have increased the adoption rates of users and customers alike, touching on the impact of the pandemic in triggering the digital transformation journeys of numerous institutions across various sectors. Such events, as well as others, showcase the importance of digital features that can ease customer use, especially through proper implementation. Al-Hamad also highlighted the key role that stc and its subsidiaries play in the market, especially when it comes to providing a suite of integrated solutions that can assist corporates in achieving their objectives and streamlining their operations.

KUWAIT: stc's executive management team, including Maziad Al-Harbi, Mohammed Al-Nusif, Meshary Al-Hamad and Khalid Al-Mayouf.
 

KUWAIT: stc's executive management team, including Maziad Al-Harbi, Mohammed Al-Nusif, Meshary Al-Hamad and Khalid Al-Mayouf.

The event was attended by stc’s executive management team, including the CEO of stc, engineer Maziad Al-Harbi, CEO of solutions by stc Mohammed Al-Nusif and the CFO at stc Khalid Al-Mayouf alongside other executives from various participating institutions. stc’s participation in the event aligns with its vision to lead digital innovation and offer cutting-edge solutions that cater to the ever-evolving needs of its customers and the broader market.

In a statement, stc indicated that platforms, such as the MoneyTech 2023 summit, are essential to driving the future of the fintech landscape in Kuwait given that market leaders and experts can join together to discuss the key developments that are occurring in Kuwait and throughout the world. Additionally, it provides participants with a chance to learn more about the innovative technological solutions that are offered by leading companies in Kuwait, within the industry.

E-Portal Holding Company (e-Portal) is the specialized arm for stc in the ICT, IOT and Cloud Services aimed at offering business solutions to the enterprise segment in Kuwait. E-portal Holding Company and its subsidiaries specialize in the Information and Communications Technology sector in the State of Kuwait and amongst the most prominent companies in the ICT field, with a reputable position and a value-added customer base from both the private and government sectors.

In terms of the summit, stc thanked the organizers for extending their invitation as well as making all the necessary arrangements that led to the successful turnout. The company expressed that it will continue to play an active role in the community by participating in platforms that aim to empower and strengthen the local economy across various fronts, two of which being the fintech and banking sectors as well as the telecom sector.