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The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation Empty The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation

Post by claud39 on Wed Jul 10, 2019 11:17 pm

The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation




 10/07/2019





The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation 16178





The Association of Iraqi Private Banks organized a conference on digital transformation in the financial sector in cooperation with the Jordanian-Jordanian Economic Association and with the participation of more than 20 Jordanian companies and the presence of prominent personalities, including Minister of Communications Naeem Al-Rubaie, Jordanian Minister of Digital Economy and Central Bank Governor Ali Al-Alak.


"The digital transformation of financial operations in the Iraqi banking sector is a cornerstone of economic growth as well as contributing to creating new jobs that enable individuals and companies to access useful financial products and services at prices that meet their needs," said Al Ali. In a responsible manner ".


"Digital financial technology will help expand access to financial services, especially those that are difficult to access by banks or financial institutions, as well as the potential positive growth of digital banking services in the banking industry and enhance financial inclusion," he said.


"The coming period will witness a remarkable development in the field of financial technologies based on solid foundations of legal and regulatory frameworks, adoption of rules of governance and adherence to international standards as well as IT infrastructure."


"We welcome the brothers from Jordan in their second country, Iraq, and I would like to meet with you today to discuss ways of cooperation and challenges facing our two countries in the process of digital transformation which has become an urgent necessity for economic and social development," said Ali Tarek, Executive Director of the Association of Iraqi Private Banks. , As the governor pointed out two years ago at a conference organized by the Association of Iraqi Banks on Banking Technologies that we are in a race against time and that survival is faster.


"The efforts of all the banking sector and the direct support of the Central Bank of Iraq have led to an acceleration in the banking sector to cope with the digital transformation and development of its infrastructure and the preparation of its human cadres and technical systems in order to achieve the goal that our main support sector and strategic partner sectors Where the payment process is the most important challenge of digital transformation for all sectors. "


"In the light of the vast development in the world of Internet and information technology and the urgent need for innovation, creativity and financial leadership, we are working today to support and motivate Iraqi youth to enter this world through ideas that support the transformation through financial technologies," he said.


On his part, the Chairman of the Jordanian-Iraqi Economic Association, Khaled Tayseer Kanaan stressed the importance of building real and equal partnerships between the Iraqi and Jordanian institutions in order to ensure continuity and sustainability and create job opportunities for youth in both countries.


He also stressed the readiness of the Jordanian private sector to extend all the support in the field of technology to their counterparts in the Iraqi private sector.


"The digital transformation is a transformation in all sectors, including humanity, not just electronic services," said the chairman of the Jordanian production association Bashar al-Hawamdeh. "Our association has great experience in the field of intellectual property protection and how to operate proprietary systems "We are now putting our expertise as Jordanian companies in the service of Iraq, because we have been able in a number of Arab countries to apply e-government and digital transformation in terms of technology and thought."


 
The conference consisted of three sessions on the topics of digital transformation in the financial sector, regulations and laws related to digital transformation in the banking sector, as well as the promotion of digital transformation through information technology, with the participation of Iraqi Minister of Communications Naeem Al-Rubaie and Jordanian Minister of Digital Economy and Entrepreneurship Muthanna Gharaibeh with the participation of about 20 companies Jordanian and Iraqi.


At the end of the conference, an agreement was signed between the Association of Iraqi Private Banks and the Jordanian-Iraqi Economic Association and a production association, whereby the parties involved in the field of transfer of expertise and technical and technical consultations will cooperate through meetings, conferences and symposia, which will raise the level of technology and implement training programs in the field of information technology and digital transformation in Iraq.






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The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation Empty The central bank goes beyond the technical gap and the challenges of digital transformation

Post by claud39 on Thu Jul 11, 2019 7:30 am

The central bank goes beyond the technical gap and the challenges of digital transformation

11/07/2019


The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation 16180



Samir Al Nusairi *


With the utmost confidence and confidence in the ability of the Iraqi financial and technical cadres to overcome the challenges of the technical gap that Iraq has suffered due to the repercussions of the siege, wars and instability during the period of the information revolution. 

The Governor of the Central Bank of Iraq, in his opening speech at the Digital Transformation Forum in the financial sector, held in Baghdad with the joint cooperation between the Association of Iraqi Private Banks and the Jordanian-Iraqi Economic Association, in a broad presence of the Jordanian specialized companies, which exceeded 30 companies led by the Jordanian Minister of Digital Economy and Entrepreneurship, And the measures taken by the Central Bank to overcome them and to stand in the right direction in the near economic and security conditions suffered by our country during the past years and chart a sound road to catch up with technical developments in the countries of the world.
The follower of the situation of Iraq during the past five years shows the extent of faith in the capabilities and competencies of Iraq on the events of change and bridging the technical gap between us and the developed world and this is evidenced by the achievements of the important and as follows:
1. The methodology adopted by the Central Bank has always focused on working under a sound legislative, regulatory and legal framework, as well as promoting the concepts of governance and international standards regarding information technology and financial techniques.
2. Issuance of the electronic payment system for funds No. 3 of 2014, establishment of the National Payments Council, corporate governance and corporate governance regulations for information and communication technology, and legal regulations and regulations governing the operation of banks and electronic payment service providers.
3 - The Central Bank plays a central role in the establishment of advanced infrastructure and pursuit of the latest global technologies and the development of the bank's financial and banking systems and payment systems and advanced communications networks according to the latest technologies.
4 - the possession of the central bank for advanced payment systems as well as payment structures retail and was the national division of the most important parts.
5 - Granting work permits to many electronic payment providers (card issuers, collectors, processing of mobile payment companies, bill payment and payment gateway through different channels).
6 - Extensive attention to the implementation of the first objective of the strategy of the Bank for the years (2016-2020) is to achieve financial stability through a sound financial system with attention to achieving financial inclusion and reduce risks as well as the adoption of the project to settle the salaries of employees.
It is clear from the above achievements that the Central Bank has overcome the challenges of the technical gap due to the siege, occupation and terrorism. It is currently at a steady pace to achieve the digital transformation in the financial sector towards achieving financial stability and moving from the monetary society to the society of money. It is also one of the objectives of the government platform in the fourth axis ).


* Bank advisor 


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The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation Empty The Digital Transformation Conference in Baghdad

Post by claud39 on Thu Jul 11, 2019 8:42 am

The Digital Transformation Conference in Baghdad




 11/07/2019





The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation Rc_156282662220_23







The conference of digital transformation in the financial sector kicked off yesterday in Baghdad with the participation of Jordanians headed by the Minister of Digital Economy and Entrepreneurship Muthanna Gharaibeh and the presence of a number of Jordanian companies and banks working in information technology.


 The conference was organized by the Jordanian-Iraqi Economic Association and in cooperation with the Association of Jordanian ICT Companies «Production». The conference was attended by Iraqi Minister of Communications Naeem Al-Rubaie, Governor of the Central Bank Ali Mohsen Al-Alaq and a number of Iraqi financial institutions. 

The conference discussed the digital transformation in the financial sector, regulations and laws related to digital transformation, the promotion of digital transformation through information technology and the role of artificial intelligence in the financial sector.

The Jordanian participation in this conference aims to exchange experiences in the field of digital transformation and to explore new investment opportunities between Jordanian companies and banks and the Iraqi financial sector.





http://www.uabonline.org/en/news/arabicnews/15751606159116041575160216011593157516041610157515/65696/0
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The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation Empty Digital transformation in the financial sector .. an imperative

Post by claud39 on Sat Jul 13, 2019 7:47 am

[size=36][rtl]Digital transformation in the financial sector .. an imperative[/rtl][/size]


Friday 12 July 2019





The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation Alsabaah-15718










Baghdad / Al-Sabah 



The Association of Iraqi Private Banks organized in cooperation with the Jordanian-Jordanian Economic Association a conference on digital transformation in the financial sector, with the participation of more than 20 Jordanian companies and the presence of prominent figures, notably the Governor of the Central Bank Ali Alaq, Minister of Communications Naeem Al-Rubaie and Jordanian Minister of Digital Economy Muthanna Al-Gharaibeh.



The central bank governor Ali Alalak said in his speech during the conference: "The transformation 
Digital banking operations in the Iraqi banking sector is a cornerstone of economic growth, as well as contributing to new job opportunities that enable individuals and companies to access useful financial products and services at prices that meet their needs responsibly. "
 

Enhancing financial inclusion



"Digital financial technology will help expand access to financial services, especially those that are difficult to reach by banks or financial institutions, as well as the potential positive growth of digital banking services in the banking industry and the enhancement of financial inclusion," he said.



"The coming period will witness a remarkable development in the field of financial technologies based on solid foundations of legal and regulatory frameworks, adoption of rules of governance and adherence to international standards, as well as information technology infrastructure," he said.
 

Stay for the fastest



Mr. Ali Tariq, Executive Director of the Association of Iraqi Private Banks, said: "We welcome the brothers from Jordan in their second country, Iraq, and I would like to be here today to discuss ways of cooperation and challenges facing our two countries in the digital transformation process. "As the governor pointed out two years ago at a conference organized by the Association of Iraqi Private Banks on Banking Technologies, we are racing against time and staying for the fastest."



Tarek added that "the joint efforts of all employees in the banking sector and the direct support of the Central Bank of Iraq led to an acceleration in the banking sector to keep pace with the digital transformation and development of infrastructure and the preparation of human cadres and technical systems in order to achieve the goal to be our main support sector and strategic partner of other sectors , As the payment process is the most important challenge of digital transformation for all sectors. "



"In the light of the wide development of the world of Internet and information technology and the urgent need for innovation, creativity and financial leadership, we are working today to support and motivate Iraqi youth to enter this world through ideas that support the transformation through financial technologies," he said.
 

A true partnership



"The importance of building real and equal partnerships between Iraqi and Jordanian institutions to ensure continuity and sustainability and create job opportunities for young people in both countries," said Khaled Tayseer Kanaan, chairman of the Jordanian-Iraqi Economic Association. 



"The readiness of the sector 
Jordanian private sector to extend all support in the field of technology to their counterparts in the Iraqi private sector. "



"The digital transformation is a transformation in all sectors, including humanity, not just electronic services," said the chairman of the Jordanian Production Association Bashar Al Hawamdeh. "Our association has a great experience in the field of intellectual property protection and how it works. 
Intellectual property systems, "noting that" today we put our expertise as Jordanian companies in the service of Iraq, because we have been able in a number of Arab countries to apply e-government and digital transformation in terms of technology and thought. "
 

Sessions of the Conference



The conference consisted of three sessions dealing with the topics of digital transformation in the financial sector, regulations and laws related to digital transformation in the banking sector, in addition to enhancing the digital transformation through information technology, with the participation of Iraqi Minister of Communications Naeem Al-Rubaie and Jordanian Minister of Digital Economy and Entrepreneurship Muthanna Gharaibeh, Jordanian and Iraqi.
 

Signing an agreement



At the end of the conference, an agreement was signed between the Association of Iraqi Private Banks and the Jordanian-Iraqi Economic Association and the Production Association, whereby the parties involved in the field of transfer of expertise and technical and technical consultations will cooperate through meetings, conferences and symposia which will raise the level of technology and implement training programs in the field of information technology and digital transformation in Iraq.









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