TLDR:
DFS Dialogues, a series of private invite-only gatherings, took place ahead of the Dubai FinTech Summit to explore key industry challenges and develop insights for shaping the future of finance. The conversations covered topics such as regulatory frameworks, artificial intelligence (AI), digital assets, embedded finance, and sustainability. Key takeaways included the need for continued development of frameworks for digital assets, the potential of AI to become an operating system, and the importance of payment service providers in facilitating embedded finance. The Dubai FinTech Summit, scheduled for May 2024, will further explore these themes and feature discussions, panel sessions, and networking sessions with industry leaders.
Unlocking Future Finance: Exclusive Insights from DFS Dialogues for Dubai FinTech Summit 2024
DFS dialogues, exclusive private gatherings, were held leading up to the Dubai FinTech Summit to discuss industry challenges and develop actionable insights. The invite-only events were attended by industry experts, C-suite leaders, fintechs, investors, policymakers, and media. The CEO of DIFC Innovation Hub, Mohammad Alblooshi, emphasized the importance of collective effort in shaping the future of finance in Dubai. The conversations at the DFS Dialogues covered a range of topics including regulatory frameworks, AI, digital assets, embedded finance, and sustainability.
The discussions around regulatory frameworks highlighted the need for continued development of frameworks for digital assets, with Mahendra Kasula from First Abu Dhabi Bank emphasizing the importance of creating a robust framework for this new asset class. The conversation also touched on AI, with participants noting that AI is following a similar trajectory to apps and blockchain, becoming an operating system in the future. Payment service providers (PSPs) facilitating embedded finance were also discussed, highlighting their importance in enabling seamless financial experiences.
The Dubai FinTech Summit, taking place in May 2024 under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, aims to delve deeper into these themes. The two-day summit will feature dynamic discussions, keynote addresses, panel sessions, and one-to-one networking sessions. The event will bring together C-suite leaders, investors, speakers, and fintech exhibitors from over 100 countries to explore the latest trends, regulatory insights, and innovative technologies in the fintech industry.