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IDC Saudi Arabia CIO Summit 2022 Will Explore KSA’s Digital Transformation

The two-day event will explore the Kingdom’s accelerated pace of innovation, its evolving technology landscape, and present-day strategies.

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idc saudi arabia cio summit 2022 will explore ksa's digital transformation

Saudi Arabia is undergoing a remarkable digital transformation guided by its Saudi Vision 2030 strategic framework, whose overarching goal is to lessen the country’s dependence on oil by diversifying its economy and enhancing innovation. The IDC Saudi Arabia CIO Summit 2022 edition will explore the Kingdom’s digital transformation over the course of two days filled with discussions, panel sessions, and keynote presentations from regional and global technology experts alike.

“This event will explore the Kingdom’s accelerated pace of innovation, its evolving technology landscape, and present-day strategies that the country’s organizations are implementing to transform into digitally resilient future enterprises,” states International Data Corporation (IDC) on its website.

The in-person event will be hosted on September 19 & 20, 2022 at the Fairmont Hotel Riyadh, a luxurious five-star hotel located in the Business Gate Complex, and those who would like to attend it can register free of charge to learn how the Kingdom’s CIOs and their international partners are building resilient digital infrastructures to make Saudi Arabia a leading ICT nation within the next decade.

Hamza Naqshbandi, Associate Vice President (Saudi Arabia & Bahrain) at IDC, will kick off the event with a welcome address, and his speech will be followed by a talk about tech strategies for a digital-first world given by Steven Frantzen, IDC’s Senior Vice President & Regional Managing Director (EMEA).

The long list of confirmed speakers who will share their valuable experience with the attendees of the IDC Saudi Arabia CIO Summit 2022 edition includes experts in the field, respected practitioners, and leaders from the industry, including:

  • Jason Roos, CIO of King Abdullah University of Science and Technology (KAUST).
  • Phil Andrews, Regional Vice President of Northern and Eastern Europe for Red Hat.
  • Stephane Monboisset, Business Development Manager at Fortinet.
  • Zaid Ghattas, Senior Commercial Lead at AMD.
  • Turki Aldahmash, Executive Director of Business Technology (CTO) at National Center for Performance Measurement (Adaa).
  • Neil Harbisson, the world’s first officially recognized human cyborg.

In addition to its main agenda, the IDC Saudi Arabia CIO Summit 2022 edition will also play host to the IDC Excellence Awards to recognize the efforts of the country’s leading technology executives across 3 categories (CISO of the Year, CIO of the Year, and Women in Technology & Business), with a winner and 10 finalists named in each. A live awards ceremony will be held on Day 2 and hosted on a virtual platform.

As a premier global provider of market intelligence, advisory services, and events for the information technology sector, IDC is deeply familiar with the impact of technology on the world around us. Its worldwide network of 1,300 analysts spans 110 countries, helping public and private sector decision-makers alike make fact-based technology decisions to achieve their key business objectives.

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Checkout.com Brings Visa Direct Push-To-Card To The UAE

The payment company is the first acquirer in the UAE to launch Visa Direct’s solution, enabling safe, instant money transfers.

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checkout.com brings visa direct push-to-card to the uae

Checkout.com has taken the UAE a step closer to its goal of a fully digital economy by becoming the first acquirer in the country to offer Visa Direct’s Push-to-Card solution. The new service will streamline money transfers for both businesses and consumers, enabling near-instant transactions across local and international markets.

Visa Direct connects over 190 markets and supports over 8.5 billion endpoints, including cards, bank accounts, and digital wallets. Push-to-Card transactions enhance efficiency for business users and consumers by allowing money to be sent quickly and easily to eligible Visa cards while leveraging the company’s secure network for reliability.

checkout and visa uae partnership

“Visa Direct is transforming the way money moves globally, and we are excited to see Checkout.com leverage this technology to meet the evolving demands of businesses and individuals alike by offering them a faster, more convenient, and secure way to send and receive funds,” said Shahebaz Khan, Senior Vice President and Head of Commercial and Money Movement Solutions, CEMEA.

The UAE has been at the forefront of digital payment adoption, driven by a national push toward a cashless economy. Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, emphasized this shift: “By providing seamless, secure, and real-time payout capabilities, we’re empowering merchants with the agility to thrive in this fast-evolving landscape, while effectively meeting the growing consumer demand for speed and convenience. The Push-to-Card solution not only reinforces our commitment to powering payment performance but also showcases our agility in bringing yet another innovation to the UAE market.”

Also Read: Qareeb Partners With Pantheon For GCC Bitcoin Mining Expansion

Checkout.com’s latest MENA eCommerce data highlights the region’s increasing engagement with financial technologies, with around 80% of consumers participating in activities beyond basic online payments, such as money transfers and personal wealth management. The growing demand for real-time financial transactions has made fast, seamless payment solutions a priority.

To meet this demand, Account Funding Transactions (AFTs) have gained traction in the UAE. By integrating AFTs with Visa’s Push-to-Card services, Checkout.com is helping merchants offer secure, real-time account top-ups. Currently processing over one million AFTs per month with Visa, Checkout.com is now playing a leading role in modernizing financial transactions in the region.

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